3P Learning Reports Mixed Performance in 1H FY26, Focus on Product Optimisation and Cash Flow
3P Learning Limited (ASX: 3PL) reported a 2% decline in total revenue for the first half of FY26, totalling AU$51.9 million, driven by higher churn rates in its B2B segment. The company reported underlying EBITDA of AU$5.7 million, reflecting a 16% decline compared to the same period last year. However, its B2C revenue saw modest growth, up 1% to AU$22.0 million, primarily driven by ESA sales in the U.S. homeschool market.
Despite revenue pressures, 3P continues to generate positive cash flow, with a net cash position of AU$7.5 million as of 31 December 2025. The company’s product development and customer retention efforts remain key priorities, with a focus on driving more profitable growth through AI-backed improvements in user experience and retention strategies. Management remains focused on reducing churn and driving growth in both B2B and B2C segments, with particular emphasis on the U.S. homeschool market.
Customer Notice:
Nextgen Global Services Pty Ltd trading as Kapitales Research (ABN 89 652 632 561) is a Corporate Authorised Representative (CAR No. 1293674) of Enva Australia Pty Ltd (AFSL 424494). The information contained in this website is general information only. Any advice is general advice only. No consideration has been given or will be given to the individual investment objectives, financial situation or needs of any particular person. The decision to invest or trade and the method selected is a personal decision and involves an inherent level of risk, and you must undertake your own investigations and obtain your own advice regarding the suitability of this product for your circumstances. Please be aware that all trading activity is subject to both profit & loss and may not be suitable for you. The past performance of this product is not and should not be taken as an indication of future performance.
Kapitales Research, Level 13, Suite 1A, 465 Victoria Ave, Chatswood, NSW 2067, Australia | 1800 005 780 | info@kapitales.com.au
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3P Learning Reports Mixed Performance in 1H FY26, Focus on Product Optimisation and Cash Flow
3P Learning Limited (ASX: 3PL) reported a 2% decline in total revenue for the first half of FY26, totalling AU$51.9 million, driven by higher churn rates in its B2B segment. The company reported underlying EBITDA of AU$5.7 million, reflecting a 16% decline compared to the same period last year. However, its B2C revenue saw modest growth, up 1% to AU$22.0 million, primarily driven by ESA sales in the U.S. homeschool market.
Despite revenue pressures, 3P continues to generate positive cash flow, with a net cash position of AU$7.5 million as of 31 December 2025. The company’s product development and customer retention efforts remain key priorities, with a focus on driving more profitable growth through AI-backed improvements in user experience and retention strategies. Management remains focused on reducing churn and driving growth in both B2B and B2C segments, with particular emphasis on the U.S. homeschool market.
Customer Notice:
Nextgen Global Services Pty Ltd trading as Kapitales Research (ABN 89 652 632 561) is a Corporate Authorised Representative (CAR No. 1293674) of Enva Australia Pty Ltd (AFSL 424494). The information contained in this website is general information only. Any advice is general advice only. No consideration has been given or will be given to the individual investment objectives, financial situation or needs of any particular person. The decision to invest or trade and the method selected is a personal decision and involves an inherent level of risk, and you must undertake your own investigations and obtain your own advice regarding the suitability of this product for your circumstances. Please be aware that all trading activity is subject to both profit & loss and may not be suitable for you. The past performance of this product is not and should not be taken as an indication of future performance.
Kapitales Research, Level 13, Suite 1A, 465 Victoria Ave, Chatswood, NSW 2067, Australia | 1800 005 780 | info@kapitales.com.au