Latest Higher Education News

Technology One Limited has reported a record half-year performance, with revenue up 19% and net profit after tax rising 31%, driven by strong SaaS growth and strategic acquisitions.

OpenLearning Limited has agreed to convert $2.12 million of debt owed to its largest shareholder, Education Centre of Australia (ECA), into equity at a 25% premium, increasing ECA’s ownership and strengthening the company’s balance sheet.

EDU Holdings reports a 25% increase in total student enrolments for Term 2, 2025 at its Australian Learning Group, even as new enrolments decline amid tighter visa restrictions.

OpenLearning Limited reported a 12% year-on-year increase in SaaS annual recurring revenue to $2.364 million in Q1 FY25, driven by AI-powered product adoption and international customer growth. Strategic acquisitions and partnerships are positioning the company for larger contracts and diversified revenue streams.

archTIS has reported a standout March quarter with record annual recurring revenue, improved gross margins, and strategic growth through the Direktiv acquisition and new international contracts.

OpenLearning Limited reported a 23% year-on-year increase in SaaS annual recurring revenue to $2.335 million in Q4 FY24, driven by strong growth in AI-powered products and strategic partnerships. The company also cut net operating cash outflows by over half, signaling improved operational efficiency.