OpenLearning Ltd. (AU:OLL)
ASX:OLL
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OpenLearning Ltd.
(Sydney:OLL)
Select Model
Select Model
Rating:41Neutral
Price Target:
AU$0.02
▼(-40.00% Downside)
Action:ReiteratedDate:03/01/26
The score is weighed down primarily by very weak financial performance (negative gross profit, deep operating losses, and ongoing cash burn), with technicals also showing a soft trend (below key moving averages and negative MACD). Valuation provides limited support because the P/E is negative and no dividend yield is available.
Positive Factors
Strong revenue rebound
A 22.1% revenue rebound in 2025 demonstrates recovering demand and product-market fit for the cloud learning platform. Sustained top-line growth supports scaling operating leverage and gives management time to fix unit economics if growth persists over the next several quarters.
Negative Factors
Negative gross margins
A roughly -57% gross margin means the core product/business is losing money on a per-unit basis, indicating structurally weak unit economics. Without material product redesign, pricing power, or cost reduction, profitability will be hard to achieve even with revenue growth.
Read all positive and negative factors
Positive Factors
Negative Factors
Strong revenue rebound
A 22.1% revenue rebound in 2025 demonstrates recovering demand and product-market fit for the cloud learning platform. Sustained top-line growth supports scaling operating leverage and gives management time to fix unit economics if growth persists over the next several quarters.
Read all positive factors
OpenLearning Ltd. (OLL) vs. iShares MSCI Australia ETF (EWA)
Market Cap
AU$19.55M
Dividend YieldN/A
Average Volume (3M)2.43M
Price to Earnings (P/E)―
Beta (1Y)-0.24
Revenue Growth12.77%
EPS Growth53.47%
CountryAU
Employees45
SectorTechnology
Sector Strength88
IndustrySoftware - Application
Share Statistics
EPS (TTM)>-0.01
Shares Outstanding782,006,500
10 Day Avg. Volume755,103
30 Day Avg. Volume2,425,207
Financial Highlights & Ratios
PEG Ratio0.56
Price to Book (P/B)28.38
Price to Sales (P/S)9.58
P/FCF Ratio-12.09
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
OpenLearning Ltd. Business Overview & Revenue Model
Company Description
OpenLearning Limited, an education technology company, provides a learning platform and learning design services to education providers in Australia, Malaysia, and Singapore. The company offers cloud-hosted social learning platform for delivering ...
How the Company Makes Money
null...
OpenLearning Ltd. Financial Statement Overview
Summary
Income Statement
18
Very Negative
Balance Sheet
46
Neutral
Cash Flow
24
Negative
| Breakdown | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 3.18M | 2.28M | 2.29M | 3.17M | 3.51M |
| Gross Profit | -1.81M | -721.88K | -2.11M | -3.44M | -4.48M |
| EBITDA | -3.41M | -2.25M | -3.97M | -5.27M | -6.43M |
| Net Income | -4.10M | -2.85M | -4.42M | -5.65M | -6.73M |
Balance Sheet | |||||
| Total Assets | 4.53M | 3.39M | 3.34M | 4.58M | 6.52M |
| Cash, Cash Equivalents and Short-Term Investments | 2.09M | 953.16K | 1.10M | 2.20M | 4.59M |
| Total Debt | 0.00 | 2.06M | 3.05M | 0.00 | 125.00K |
| Total Liabilities | 3.46M | 4.13M | 5.35M | 2.16M | 2.40M |
| Stockholders Equity | 1.07M | -741.39K | -2.01M | 2.42M | 4.13M |
Cash Flow | |||||
| Free Cash Flow | -2.52M | -2.16M | -4.10M | -6.15M | -6.75M |
| Operating Cash Flow | -2.52M | -2.15M | -3.32M | -5.41M | -6.01M |
| Investing Cash Flow | -2.75K | -956.13K | -778.42K | -738.93K | -738.27K |
| Financing Cash Flow | 3.66M | 2.95M | 3.00M | 3.76M | 2.73M |
OpenLearning Ltd. Technical Analysis
Negative
0.04
Price Trends
0.03
Negative
0.04
Negative
0.03
Negative
Market Momentum
>-0.01
Positive
27.34
Positive
47.62
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:OLL, the sentiment is Negative. The current price of 0.04 is above the 20-day moving average (MA) of 0.03, above the 50-day MA of 0.03, and above the 200-day MA of 0.03, indicating a bearish trend. The MACD of >-0.01 indicates Positive momentum. The RSI at 27.34 is Positive, neither overbought nor oversold. The STOCH value of 47.62 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for AU:OLL.
OpenLearning Ltd. Peers Comparison
UnderperformOutperform
Sector (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
61 Neutral | $37.18B | 12.37 | -10.20% | 1.83% | 8.50% | -7.62% | |
46 Neutral | AU$3.04M | -7.11 | -25.95% | ― | 36.72% | 20.00% | |
44 Neutral | AU$6.72M | -0.94 | -115.58% | ― | ― | 28.93% | |
43 Neutral | AU$1.75M | -0.06 | -562.56% | ― | ― | ― | |
41 Neutral | AU$19.55M | -7.44 | 497.58% | ― | 12.77% | 53.47% |
* Technology Sector Average
AU:OLL
OpenLearning Ltd.
0.03
0.01
66.67%
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ReadCloud Ltd.
0.07
-0.02
-23.16%
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Wooboard Technologies Limited
0.01
0.00
0.00%
AU:SMX
Nickelx Ltd
0.02
>-0.01
-25.00%
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Cape Range Ltd.
0.03
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-64.44%
OpenLearning Ltd. Corporate Events
OpenLearning Files Updated Corporate Governance Statement and Appendix 4G
Mar 31, 2026
OpenLearning Limited has lodged its updated corporate governance statement for the year ended 31 December 2025, confirming compliance with ASX Listing Rule requirements. The statement, current as of 30 March 2026 and approved by the board, is avai...
OpenLearning Releases 2025 Annual Report for AI-Powered LMS Business
Mar 31, 2026
OpenLearning Limited has released its 2025 Annual Report, outlining the performance of its AI-powered SaaS learning management system business and its controlled entities. The report package includes leadership commentary, company highlights, and ...
OpenLearning sets May date for AGM and board elections
Mar 31, 2026
OpenLearning Limited, the ASX-listed AI-driven learning management platform provider, plans and delivers online education solutions for higher education and training markets across several Asia-Pacific regions. The company supports institutions wi...
OpenLearning Taps AI-Driven LMS Growth as It Targets Break-Even by FY2027
Mar 26, 2026
OpenLearning reports that its AI-driven SaaS LMS platform is experiencing sustained expansion, with 16 consecutive quarters of annualised SaaS revenue growth and platform ARR reaching A$3.035 million at the end of the fourth quarter, up 30% year o...
OpenLearning Director Adam Brimo Lifts Indirect Shareholding
Mar 10, 2026
OpenLearning director Adam Brimo has increased his indirect shareholding in the company via Strong Alliance Pty Ltd , acquiring 250,000 OpenLearning shares on market for $7,212. Following the on-market purchases made on 5 and 6 March 2026, Brimo&#...
OpenLearning lifts revenue but deeper loss as it builds AI-driven learning ecosystem
Feb 27, 2026
OpenLearning reported strong top-line momentum for 2025, with revenue from ordinary activities rising 39.4% to $3.18 million on the back of higher platform SaaS fees, marketplace sales, and services, while gross sales climbed 20.5% despite lower r...
OpenLearning Reinstates Experienced Company Secretary to Support Growth and Governance
Feb 9, 2026
OpenLearning has appointed experienced governance professional Justyn Stedwell as company secretary, effective immediately, returning him to a role he previously held from the company’s 2019 IPO until March 2022. He replaces outgoing joint c...
OpenLearning SaaS ARR Jumps 30% as Contract Wins and Deal Sizes Grow
Jan 28, 2026
OpenLearning Ltd. reported that its platform SaaS annual recurring revenue (ARR) rose 30% year-on-year to $3.035 million in the fourth quarter of 2025, marking more than 16 consecutive quarters of annualised SaaS revenue growth. The company signed...
OpenLearning Accelerates SaaS Growth as AI-Powered LMS Strategy Delivers Larger Deals
Jan 28, 2026
OpenLearning reported a strong fourth quarter and full-year performance for FY25, with platform SaaS annual recurring revenue up 30% year-on-year to $3.035 million, marking 16 consecutive quarters of growth and a shift towards larger, higher-value...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
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Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.