$2,225,000 EDUCATIONAL LEARNING PLATFORM

<p id="viewer-er2a9" class="mm8Nw _1j-51 roLFQS _1FoOD _3M0Fe Z63qyL roLFQS public-DraftStyleDefault-block-depth0 fixed-tab-size public-DraftStyleDefault-text-ltr"><span class="_2PHJq public-DraftStyleDefault-ltr">This business represents a timely response to pressures on Australia's education system by providing unique digital learning solutions for grades 7-12 with a strong focus on online Cognitive skills, Personal Development Skills, Writing, Reading, and Fundamental- English, Maths, and Science Skills</span></p> <p id="viewer-1kvht" class="mm8Nw _1j-51 roLFQS _1FoOD _3M0Fe Z63qyL roLFQS public-DraftStyleDefault-block-depth0 fixed-tab-size public-DraftStyleDefault-text-ltr"><span class="_2PHJq public-DraftStyleDefault-ltr">Featuring a fully interactive portal for students, teachers, schools, and parents to select and develop learning through over 100,000 questions, revisions, and exams this business has pivoted in the last 2 years to complement the challenging teaching and learning environment post-COVID-19.</span></p> <p id="viewer-f4mol" class="mm8Nw _1j-51 roLFQS _1FoOD _3M0Fe Z63qyL roLFQS public-DraftStyleDefault-block-depth0 fixed-tab-size public-DraftStyleDefault-text-ltr"><span class="_2PHJq public-DraftStyleDefault-ltr">Schools-led remote learning has increased significantly as a result of COVID, and Australian students have been subject to a steady decline in their educational outcomes. Australian students are particularly vulnerable to any further stresses on their education systems with their performance in Mathematics, Science, Writing &amp; Reading already declining prior to COVID compared to our peer nations.</span></p> <p id="viewer-dt93v" class="mm8Nw _1j-51 roLFQS _1FoOD _3M0Fe Z63qyL roLFQS public-DraftStyleDefault-block-depth0 fixed-tab-size public-DraftStyleDefault-text-ltr"><span class="_2PHJq public-DraftStyleDefault-ltr">In the last 5 years, this business has invested over $4M in IT and development costs, graphics, content, and resource creation which culminated in their learning portal, brand, and resources.</span></p> <p id="viewer-4ec0r" class="mm8Nw _1j-51 roLFQS _1FoOD _3M0Fe Z63qyL roLFQS public-DraftStyleDefault-block-depth0 fixed-tab-size public-DraftStyleDefault-text-ltr"><span class="_2PHJq public-DraftStyleDefault-ltr">The business is currently now in the customer acquisition phase and is engaged with approximately 120 schools, trading at approximate break-even.</span></p> <p id="viewer-2419i" class="mm8Nw _1j-51 roLFQS _1FoOD _3M0Fe Z63qyL roLFQS public-DraftStyleDefault-block-depth0 fixed-tab-size public-DraftStyleDefault-text-ltr"><span class="_2PHJq public-DraftStyleDefault-ltr">The asking price of the business reflects the cost to create value at a significantly discounted rate to account for the fact that further time output is required to expand the business to higher profitability.</span></p> <p id="viewer-8dant" class="mm8Nw _1j-51 roLFQS _1FoOD _3M0Fe Z63qyL roLFQS public-DraftStyleDefault-block-depth0 fixed-tab-size public-DraftStyleDefault-text-ltr"><span class="_2PHJq public-DraftStyleDefault-ltr">The business conduct is relatively turnkey, operating as a remote business. The business can easily transition to a third-party private owner or especially a strategic acquirer, looking to fast-track the significant barrier in developing quality educational resources on a reliable platform.</span></p>