D2L Inc

D2L Inc

DTOL · TO · Technology / Software - Application

11.79CAD-0.18 (-1.50%)

Price History

Full chart

Market Stats

Previous Close11.97
Open11.00
Day Range10.98 – 12.00
52-Week Range7.15 – 19.05
Volume14.13K
Market Cap540.06M
P/E (TTM)342.83
Forward P/E9.64
EPS0.03
Dividend Yield0.00%
Beta1.39
50-Day Avg9.80
200-Day Avg10.17

About

D2L Inc. provides cloud-based learning software for higher education institutions, kindergarten to grade 12 schools and districts, and private sector enterprises in Canada, the United States, and internationally. The company provides personalized, flexible and modern learning experiences for people of all ages. It offers core cloud-based learning innovation platform, Brightspace, serves three distinct markets, such as kindergarten to grade 12 schools (K-12), higher education, and corporate markets. In addition, the company provides performance+, advanced analytics package, achievement+, and creator+ easy-to-use authoring tools; performance+ advanced analytics package, achievement+, which streamlines achievement reporting on learning outcomes reporting; and Course Merchant, a digital storefront that enables institutions to sell courses directly to learners. Further, it offers Lumi, a human-centered artificial intelligence; and D2L Link that enables seamless connections and streamlined automations with student information systems, customer information management systems, human resource systems and other systems. It sells its platform primarily through direct sales in North America, Europe, and Australia, as well as through direct and indirect channel partners. The company was founded in 1999 and is headquartered in Kitchener, Canada.

Company Details

  • SectorTechnology
  • IndustrySoftware - Application
  • CEOMr. John Baker M.Sc.
  • Employees1.00K
  • Headquarters137 Glasgow Street, Kitchener, ON, Canada, N2G 4X8, Canada
  • Websitehttps://www.d2l.com

Leadership

  • Mr. John Baker M.Sc.Founder, CEO, President & Chairman · b. 1978
  • Mr. Josh Huff C.A., CPAChief Financial Officer
  • Ms. Anna ForgioneChief Legal Officer, Chief Privacy Officer & Corporate Secretary · b. 1965
  • Mr. Christian PantelChief Product Officer
  • Mr. Lee PoteckChief Revenue Officer
  • Mr. Andrew DatarsChief Technology Officer
  • Virginia JamiesonSenior Director of Global Communications
  • Mr. Brian FinnertyChief Marketing Officer
  • Ms. Ira StuchberrySenior VP of People & Culture and Deputy General Counsel
  • Mr. Kenneth ChapmanSenior Vice President of Strategic Alliances & Channel Sales

Financials

Income Statement

Currency: USD2019-01-312020-01-312021-01-312022-01-312023-01-312024-01-312025-01-312026-01-31
Total Revenue103.48M109.49M126.37M151.88M168.40M182.38M205.28M221.76M
Growth (%)-+5.81%+15.42%+20.18%+10.87%+8.30%+12.55%+8.03%
Cost of Revenue37.28M40.17M49.29M63.93M60.63M60.18M65.31M69.89M
Gross Profit66.20M69.32M77.08M87.95M107.77M122.20M139.96M151.87M
Gross Margin63.98%63.31%60.99%57.91%64.00%67.00%68.18%68.48%
Operating Expense68.10M74.88M75.30M162.66M128.17M129.31M133.77M138.24M
Operating Income-1.90M-5.56M1.78M-74.71M-20.40M-7.11M6.20M13.63M
Operating Margin-1.84%-5.08%1.41%-49.19%-12.12%-3.90%3.02%6.15%
EBITDA4.65M-1.88M-37.94M-94.02M-12.98M295.44K14.57M19.04M
EBITDA Margin4.49%-1.71%-30.02%-61.91%-7.71%0.16%7.10%8.59%
Net Income-615.22K-5.72M-41.50M-97.65M-18.38M-3.54M25.72M9.14M
Net Income Margin-0.59%-5.22%-32.84%-64.30%-10.91%-1.94%12.53%4.12%
R&D27.18M26.42M30.82M46.60M43.07M48.32M46.65M48.92M
R&D as % of Total Revenue26.27%24.13%24.39%30.68%25.58%26.49%22.72%22.06%
Interest Expense544.49K252.26K234.00K295.18K716.34K619.86K823.10K1.30M
Interest Expense % of Total Revenue0.53%0.23%0.19%0.19%0.43%0.34%0.40%0.58%

Balance Sheet

Currency: USD2019-01-312020-01-312021-01-312022-01-312023-01-312024-01-312025-01-312026-01-31
Total Assets-64.32M85.70M179.21M176.61M197.12M232.92M249.82M
Total Liabilities-210.67M272.99M112.83M122.52M140.24M148.18M165.55M
Total Equity--146.34M-187.29M66.38M54.09M56.88M84.75M84.27M
Cash-31.39M45.22M114.68M110.73M116.94M99.18M118.21M
Total Debt-5.03M182.30M1.89M13.01M12.71M11.18M11.66M
Net Debt--26.36M137.08M-112.78M-97.73M-104.23M-88.00M-106.55M

Cash Flow

Currency: USD2019-01-312020-01-312021-01-312022-01-312023-01-312024-01-312025-01-312026-01-31
Operating Cash Flow7.60M5.27M16.58M112.25K3.78M15.66M27.90M43.80M
Investing Cash Flow-471.38K-1.16M-1.68M-10.22M-3.67M-8.52M-34.33M-6.19M
Financing Cash Flow-3.71M-2.24M-2.14M79.08M-1.63M-748.72K-8.57M-19.46M
Capital Expenditure509.08K1.20M1.68M795.96K3.67M5.73M923.03K786.25K
Free Cash Flow7.09M4.07M14.91M-683.71K107.00K9.93M26.98M43.01M
FCF to OCF93.30%77.15%89.89%-609.09%2.83%63.43%96.69%98.20%

Earnings

Report DateDec 8, 2021Mar 28, 2022Jun 8, 2022Sep 7, 2022Dec 7, 2022Apr 4, 2023Jun 7, 2023Sep 6, 2023Dec 5, 2023Apr 3, 2024Jun 4, 2024Sep 4, 2024Dec 4, 2024Apr 2, 2025Jun 10, 2025Sep 10, 2025Dec 10, 2025Apr 1, 2026Jun 9, 2026Sep 9, 2026Dec 9, 2026
EPS Estimate-2.36-0.14-0.13-0.12-0.05-0.10-0.010.010.02-0.020.060.040.120.080.110.080.120.130.110.060.13
EPS Actual-1.48-1.87-0.09-0.09-0.07-0.120.05-0.01-0.010.010.070.070.170.350.080.120.110.090.060.09-
Surprise37.29%-1235.71%30.77%25.00%-40.00%-20.00%600.00%-200.00%-150.00%150.00%16.67%75.00%41.67%337.50%-27.27%50.00%-8.33%-30.77%-45.45%50.00%-
TimingAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hours

Key Statistics & Ratios

Market Cap540.06M
Enterprise Value402.04M
Trailing P/E342.83
Forward P/E9.64
Price / Sales2.43
Price / Book5.54
EPS0.03
Book Value1.85
Revenue (TTM)222.56M
Gross Profit (TTM)152.02M
EBITDA15.50M
Profit Margin0.73%
Operating Margin3.08%
Return on Equity2.11%
Return on Assets3.04%
Shares Outstanding25.12M
Shares Float18.05M
Beta1.39
Dividend Yield0.00%
Dividend Rate0.00
Payout Ratio0.00%