D2L (DTOL) Investor Presentation summary

Vision and mission

• Aims to make learning accessible, engaging, and inspiring globally.

• Focused on transforming the way the world learns through technology.

Market opportunity and industry trends

• Global EdTech spend projected to reach $404B by 2025, with a 12% CAGR from 2019.

• Learning environments expected to be a $43B market in 2025.

• Addressable global education and adult training market estimated at $7.3T in 2025.

• Key drivers include digitization, upskilling, and addressing learning loss.

Business scale and customer base

• Serves 1,310+ customers in over 40 countries, with 20M+ users.

• Majority of annual recurring revenue (ARR) from higher education (~65%), K-12 (~15%), and corporate (>20%).

• Customer contracts typically span 3-5 years, supporting high retention.