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EduFocal reports increased net profit, revenue

Recently listed education technology company EduFocal made more money after tax in its second quarter ended June. 
 
Net profit for the three months amounted to $9.5 million, compared to a loss of $2.66 million for the same period in 2021. 
 
EduFocal's total revenue also increased, coming in at $72.1 million.
 
Last year, the company made $16.8 million.
 
The online learning company says its performance was mainly attributable to its growth in business and partnership sales, as well as new contracts awarded to the company. 


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