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.