Recurring B2B Subscription ModelA subscription-heavy, corporate-facing revenue model creates predictable, contractable cash flows and higher retention over time. This structure supports steady revenue visibility, easier capacity planning, and scalable unit economics as seat counts and usage expand within corporate clients.
Strong Cash GenerationRobust operating cash conversion and large FCF growth indicate the business funds operations and reinvestment internally. Durable free cash flow supports organic expansion, product/platform improvements, and lowers reliance on external financing, enhancing long-term financial flexibility.
High Gross Margins & Healthy Operating MarginsVery high gross margins imply a scalable, low incremental cost service model (online lessons). Combined with double-digit EBITDA and mid-single-digit net growth, these margins provide room to invest in platform, sales, and content while preserving profitability as scale increases.