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LEARN reports three months net profit of $368,479

July 2, 2026

EduFocal Limited (LEARN)
Unaudited financials for the three months ended March 31, 2026:

EduFocal Limited (LEARN) for the three months ended March 31, 2026, reported a 53% decrease in Revenue, totalling $14.11 million compared to $29.97 million in the corresponding period last year.

Administrative expenses amounted to $7.53 million (2025: $12.88 million), representing a 42% decrease year over year. Depreciation and amortisation totalled $427,857, an 89% increase relative to $226,719 reported for the three months ended March 31, 2025.

No impairment loss on trade and other receivables, including contract assets was recorded during the period, compared to $11.25 million recognised in the corresponding period of 2025.

Consequently, Operating Profit amounted to $6.15 million, compared to $5.61 million reported in 2025.

Additionally, Finance costs for the three months ended March 31, 2026, amounted to $5.78 million, a 17% decrease relative to $6.95 million reported in 2025.

Profit Before Taxation for the three months ended March 31, 2026, amounted to $368,479, compared to a loss before taxation of $1.34 million reported in 2025.

No tax charge was incurred for the period, unchanged from the corresponding period of 2025.

As a result, Net Profit for the three months ended March 31, 2026, amounted to $368,479, compared to a net loss of $1.34 million reported in 2025.

Net Profit attributable to the owners of EduFocal Limited for the three months ended March 31, 2026, amounted to $368,190, compared to a net loss attributable to shareholders of $1.25 million reported in 2025.

Consequently, Earnings Per Share for the three months amounted to $0.001 (2025: LPS $0.002). The twelve-month trailing LPS was $0.04 and the number of shares used in these calculations was 648,446,094.

Notably, LEARN’s stock price closed the trading period on July 1, 2026 at a price of $0.17.

Balance Sheet Highlights

The company’s assets totaled $202.91 million (2025: $237.28 million). The movement in total assets was influenced by 6% decrease in ‘Intangible Assets’ amounting to $152.66 million (2025: $162.77 million).

Shareholders’ deficit was $161.38 million (2025: Shareholders’ deficit of $133.66 million).

 

 

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