First Dividend in Decade
3P Learning Posts Profit Rebound and Declares First Dividend in Eleven Years
Key Points
New Zealand Department of Education contract: 3P Learning was approved as one of four vendors for NZ's maths resources program, with early indications showing this could lift school sales by several million dollars.
International partnerships expanding opportunities: Reading Eggs was accepted into the Learning Cabinet—a joint initiative involving UNICEF, the Asian Development Bank, ARM and the Ministry for Foreign Affairs of Finland—and Reading Eggs Digital Library was approved as an Ontario Education Collaborative Marketplace vendor.
Revenue mix signals ongoing shift toward subscriptions: B2B revenue reported around $60.7 million and B2C around $43.6 million, reflecting a broader market mix as 3P Learning increasingly pursues recurring subscription models.
Acquisitions and AI-driven productivity: The company continues to deploy AI tools for productivity gains and has expanded through platforms acquired via Blake eLearning, Brightpath and LiteracyPlanet.
Dividend timing shows scheduling variations across reports: Final dividend is 3.52 cents per share with an ex-div date of 28 August and record date of 31 August, but some sources report different payment dates (e.g., 21 September vs 28 September) depending on the filing.
3P Learning has returned to dividend payments for the first time in 11 years, declaring a final dividend of 3.52 cents per share after swinging to a $9.9 million statutory profit in FY26. The edtech company reported $112.9 million in revenue, down 4% from the prior year, but underlying EBITDA jumped 26% to $19.5 million, signaling a sharp earnings turnaround Kalkine.
The profit rebound reflects aggressive cost controls, AI-driven productivity gains, and strategic acquisitions, while the company holds $15.7 million in net cash with zero debt. Management expects revenue recognition timing to weigh on near-term growth but improve in the second half, as 3P Learning pursues recurring subscription models across its B2B and B2C segments TipRanks.
New Zealand Schools Deal Could Lift Revenue by Millions
3P Learning won approval as one of four vendors for New Zealand's maths resources program. Early signals suggest this contract could add several million dollars to school sales, marking a major government win in a competitive education market TipRanks.
Reading Eggs Expands Into Global Partnerships and Markets
The company's Reading Eggs platform was accepted into Learning Cabinet, a joint initiative led by UNICEF, the Asian Development Bank, ARM, and Finland's Ministry for Foreign Affairs. The digital library also gained approval as an Ontario Education Collaborative Marketplace vendor, broadening access across North America TipRanks.
AI Productivity Tools Drive EBITDA Growth Without Revenue Gains
3P Learning's 26% EBITDA jump—from $15.5 million to $19.5 million—outpaced flat revenue, a sign that AI-driven efficiency is cutting costs faster than sales are growing Kalkine. The company deployed new AI tools across operations while integrating platforms from Blake eLearning, Brightpath, and LiteracyPlanet acquisitions.
This efficiency gain matters for shareholders watching profitability. A $9.9 million net profit—up from just $0.2 million a year earlier—validates management's bet on technology-enabled productivity over top-line expansion Kalkine.
Revenue Mix Shifts Toward Subscription as B2B Leads B2C
B2B revenue hit $60.7 million while B2C brought in $43.6 million, reflecting a deliberate pivot toward recurring subscription models. This split shows 3P Learning is chasing stable, predictable revenue over one-time sales, a strategy that supports higher profitability long-term TipRanks.
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