OpenLearning Ltd. (AU:OLL) has released an update.
OpenLearning Ltd. has reported robust financial growth in Q1 2024, with a notable 18% acceleration in Platform SaaS growth surpassing $2 million, alongside an increase in average annual recurring revenue (ARR) to $9,287 per customer. Key operational achievements include a trial agreement with Gujarat University that could reach up to 60,000 students and the strategic acquisition of three online education marketplaces to boost student acquisition for education providers.
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