1、Annual ReportFor the year ended 30 June 2014Lodged with the ASX under the Listing Rule 4.3A 3P Learning Limited ABN 50 103 827 836Dear Shareholders,On behalf of the Board of Directors,it is my pleasure to present to you the 3P Learning Limited(3PL)Annual Report for the financial year ended 30 June 2
2、014.The year was significant for the company as it was highlighted by the successful Initial Public Offer of the Company and listing on the ASX and our continued expansion in global markets with student licenses growing 21%to 4.7 million.Group revenue increased 13.9%to$36.1 million and profit after
3、tax by 70.1%to$5.1 million.This year marks the tenth anniversary of 3P Learnings presence in online education.Over the ten years of our history,the company has expanded successfully both its range of products as well as our geographic presence a trend that has continued throughout the 2013/4 financi
4、al year.We have increased our community of students and schools using 3PL products right across the world.The online education industry is growing rapidly,driven by the migration from printed textbooks and workbooks to online and technology-based education resources.The quality of 3Ps products,globa
5、l sales force,scalable information technology infrastructure and track record of innovation mean 3PL is well positioned to capture market share in this expanding industry.3PL has emerged as one of the best known and most highly respected brands in K to 12 online education.We got here by pursuing a c
6、lear strategic vision;maintaining a disciplined,long term viewpoint;and instilling enduring values in a team that has no equal in talent,professionalism and excellence.3PL is extremely well positioned to deliver strong results for investors and to grow our businesses and global opportunities.An extr