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3P Learning (ASX:3PL), the online education company behind Reading Eggs and Mathletics, has had mixed results, according to Jencay Capital. In June 2025, Jencay noted directors have been buying shares on market and dividends are being paid, describing 3P's online learning software for school and home markets. Earlier, Jencay reported softer-than-expected first-half results with 3P materially reducing costs, and noted the acquisition of Literacy Planet, an online reading tool. 3P Learning operates in the Consumer Discretionary sector within the Diversified Consumer Services industry, and Thesis Tracker has captured 4 comments from 1 fund manager, Jencay Capital. Founded in 2003 by Shane Hill and Matthew Sandblom and headquartered in Leichhardt, Sydney, 3P Learning develops and sells online educational programs for schools and families, including Reading Eggs, Mathletics, Mathseeds and Literacy Planet, with users across Australia, the UK, North America and other international markets, earning subscription revenue from school licences and direct-to-consumer subscriptions.
Company figures as of 15 Oct 2026. For information only.
Fund managers including Jencay Capital have invested in 3P Learning Ltd (ASX:3PL).
Jencay highlights director share purchases, dividends, cost reductions and the Literacy Planet acquisition expanding 3P's literacy offering.
Jencay notes repeated softer-than-expected results, and 3P faces competition in the online education market and slowing subscription growth.
3P Learning Ltd. is an Australian-based developer, marketer, and retailer of online educational programs. Founded on February 21, 2003, by Shane Hill and Matthew Sandblom, the company is headquartered in Leichhardt. 3P Learning operates through three primary business segments: Business-to-School (B2S), Business-to-Customer (B2C), and Corporate. The firm focuses on delivering digital education solutions globally.
General information only. Thesis Tracker reports what named fund managers have published about ASX companies. It does not take into account your objectives, financial situation or needs, and is not financial product advice or a recommendation to buy, sell or hold any security.
11,356 comments from 164 managers on 761 companies, snapshot 15 Oct 2026.