Great Learning achieves topline growth and profitability in FY24. Revenue grew by 23% while managing positive EBITDA & Net Profit.
Bengaluru, 21st October 2024.
Great Learning, a leading global EdTech company for higher education and professional training has registered a 23% YoY growth in revenue in FY24. Its revenue was 118MN USD and both EBITDA and Net Profit were positive for the fiscal year. In a year that’s been marked by a tough economic environment, uncertainty due to AI, and negative sentiment about EdTech in particular, this is a truly noteworthy achievement.
The company’s noteworthy performance in FY24 comes on the back of its emergence as a leading global provider of AI upskilling while maintaining a sharp focus on profitability. Great Learning continues to see robust growth in international markets such as North America and Europe.
Since last year, the company has been adding several new collabor...