VIDEO: Why Mathletics maker 3P Learning is top of the class
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Online education can be a volatile space among ASX-listed stocks. But 3P Learning — best known for its Mathletics program — has built a truly global business that generates strong annuity revenue and is pursuing a range of growth initiatives.
Mathletics now has more than 5.6 million global users across more than 50 countries.
Last financial year 3PL’s EBITDA grew by 20 per cent to $16 million which, on sales of $52.5 million, represented an improved 30 per cent margin.
In this video presentation, ASX tech stock expert Tim Knapton of research and finance marketplace TechVoyage, explains why he believes 3P Learning can accelerate its revenue growth while continuing to expand margins.