• 16% of US students, 38% of UK students using Qoria platforms
• $18m YTD ARR growth, $5m gross ARR added in quarter
• On track for free cash flow positive for CY 2025

Qoria Ltd, a global leader in online safety and student wellbeing, reported its quarterly activities and Appendix 4C cash flow report for the March quarter of 2025. The company achieved 25% year-over-year growth in annual recurring revenue (ARR) to $137 million, with strong contributions from its K12 new business and customer cross-sells. Qustodio, Qoria's consumer business, also added just under $1 million of ARR in what is typically a slow quarter. Qoria's K12 division ended the quarter with a record $43 million of pipeline, with a weighted value of $19 million, suggesting a strong quarter ahead. The company is well-positioned for a strong end to the financial year 2025, with the launch of new products, such as EdTech Insights and AI Cloud Scan, and an expanded product range, growing channels, and a robust pipeline. Qoria's cash flow profile remains seasonal, with the March quarter being the slowest cash collection quarter of the year. However, the company is confident of delivering strongly positive free cash flow for the calendar year 2025.

Qoria is reported EBITDA positive and anticipates to generate 10-15% reported EBITDA margins for FY2025.

The company is well set for a strong June quarter, with a growing brand and product range, a record $43 million pipeline (weighted value $19 million), and the launch of new products such as EdTech Insights and AI Cloud Scan. Qustodio also has exciting product enhancements and the launch of its partnership with SoftBank in Japan.