Record Recurring Revenue
The company achieved over $120 million in annual recurring revenue (ARR), indicating robust growth.
Free Cash Flow Turnaround
Reported inaugural free cash flow of $8.5 million, marking a significant improvement and alignment with long-term plans.
Strategic Acquisitions and Partnerships
Acquisition of OctopusBI, adding $135,000 ARR from existing clients, and a new partnership with Schools Broadband to expand market reach in the U.K.
Geographical Growth
Dominant presence in the U.K. and U.S. markets, with 20% of students in Texas now using the platform.
Operational Efficiency
Achieved a 22% reduction in direct costs year-on-year despite adding 2 million students, showcasing improved operational efficiency.