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Highlights
- DTOL’s Q1FY26 total revenue rose 9% YoY to CAD 52.8 million.
- The company’s adjusted EBITDA more than doubled to CAD 9.3 million from CAD 4.0 million in the prior year.
- DTOL launched an expanded partner program to enhance integration with its Brightspace platform.
D2L Inc. (TSX:DTOL), a Canadian education technology company providing cloud-based learning solutions, reported its unaudited financial results for the first quarter of fiscal year 2026, ended April 30, 2025.
Total revenue for the quarter was CAD 52.8 million, reflecting a 9% YoY increase compared to the same period in the prior year. On a constant currency basis, revenue reached CAD 53.6 million, an 11% YoY increase. The growth was led by subscription and support revenue, which rose 11% YoY to CAD 47.7 million.
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