October 2026
Largest EduTech Public Companies in Australia
Benchmark revenue and EBITDA valuation multiples for public comps like
ReadyTech, 3P Learning, Janison, OpenLearning and Cluey.
 | ReadyTech Holdings Ltd is a provider of people management software for educators, employers, and facilitators of career transitions. Its products are JR Plus, A2E, HR3, ePayroll, JR Gov, Aussiepay, and others. The company's operating segments include Education and Work pathways, Workforce Solutions, and Government and Justice. It generates maximum revenue from the Government and Justice. The education segment mainly provides products and services to tertiary education providers. Its Workforce segment provides products and services to a mid-sized company across various industries. The Government division provides government and justice case management software as a service solution to local governments, state governments, and justice departments. | $1 | -35% | $115M | $140M | 1.6x | 7.2x | ||
| 3P Learning Ltd engages in the development, sale, and marketing of online educational programs. It provides learning resources to schools and parents of school-aged students. It provides online education with e-learning programs covering mathematics, spelling, literacy, reading, and phonics. The firm is organized into geographic operating segments: Asia-Pacific (APAC), North and South America (AMER) and Europe, and Middle-East and Africa (EMEA). The company offers its products under the Mathseeds, Mathletics, Reading Eggs and Others. The majority of its revenue gets derived from the APAC segment. | $0 | -44% | $61M | $53M | 0.7x | 3.4x | ||
| Janison Education Group Ltd operates in the education technology sector. Its primary activities include software development and the provision of Software-as-a-Service. The company operates in two segments including Product and Platform. It generates maximum revenue from the Platform segment, which operates exam enterprise-grade assessment platform technology and event management services for large organizations, national education authorities, and accreditation bodies. The Product segment provides exam products, exam items, and associated exam services which are sold to schools, parents, and teachers. Geographically, it derives a majority of its revenue from Australia and New Zealand and also has a presence in Asia and the Rest of the World. | $0 | -42% | $22M | $14M | 0.4x | 12.1x | ||
| OpenLearning Ltd operates an artificial intelligence (AI)-powered online learning platform designed for education providers with a marketplace across the globe of courses for learners of all levels. The company's platform enables the delivery of project-based, social learning to encourage interaction among users and foster a community of collaborative learners, utilizing generative artificial intelligence (AI), enabling users to access a complete learning environment and benefit from short courses through micro-credentials and online degrees. The Group operates in one reportable business segment-Educational Solutions. Geographically it operates namely in Australia, Malaysia and Singapore, out of which the Australia segment derives the majority of revenue. | $0 | -66% | $7M | $7M | 3.0x | (2.7x) | ||
| Cluey is a Sydney education company founded in 2018 that provides live online tutoring and related learning support to school students. Its core service matches students in Years 2 through 12 with tutors for mathematics, English, chemistry, biology and physics through a proprietary video and content platform. Programs are aligned with Australian curricula and combine scheduled instruction, practice exercises, recorded sessions, progress information and feedback for parents. Cluey also serves New Zealand students and works with schools, government programs and community partners. The 2021 acquisition of Code Camp added face-to-face and online holiday camps, after-school programs and coding or creative-technology courses. Families typically pay for recurring tutoring or individual education programs, while institutions can purchase or sponsor services for student cohorts. Cluey remained ASX-listed at the October 3, 2026 research cut-off, with its approved delisting scheduled for October 6, 2026. | $0 | -- | $4M | $2M | 0.1x | (0.6x) | ||
| Median | $0 | -43% | $22M | $14M | 0.7x | 3.4x |
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