3P Learning (ASX: 3PL)

3P Learning Limited (ASX: 3PL) is an Australian e-learning company that owns the Mathletics and Reading Eggs brands. 3P Learning is no longer run by its founders and was listed in 2014 at a share price of $2.50.

3P Learning makes money by selling recurring subscriptions to Mathletics and Reading Eggs directly to parents, and also to schools (at lower prices).

3P Learning programs are accessed by browser and are best suited to primary school children. Mathletics allows students to compete in a mental arithmetic race, against children from around the world.

As well as Mathletics and Reading Eggs, 3P Learning (ASX: 3PL) sells Mathseeds and Spellodrome. Most of 3P Learning’s customers are in Australia, but the company has lower numbers of customers all over the world.