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3P Learning Ltd. ( (AU:3PL) ) just unveiled an announcement.
3P Learning Ltd. reported its half-year FY25 results, showing a 2% decrease in revenue to $52.7 million, attributed to transitioning Reading Eggs customers in the US market. Despite this, the company saw a significant improvement in underlying EBITDA, up 98% to $6.8 million, and a reduction in statutory net loss after tax by $11.3 million from the previous year. The company’s transition phase, marked by the launch of the ‘3 Essentials’ and operational efficiencies, is expected to enhance performance further in FY26, focusing on delivering better returns for shareholders.
More about 3P Learning Ltd.
3P Learning Ltd. operates in the education technology industry, developing digital learning resources for schools and parents. The company is known for products like Reading Eggs and has a focus on both B2B and B2C markets, including recent expansion through the acquisition of LiteracyPlanet.
YTD Price Performance: -10.71%
Average Trading Volume: 6,166
Technical Sentiment Consensus Rating: Buy
Current Market Cap: A$204.7M
Learn more about 3PL stock on TipRanks’ Stock Analysis page.
