Crystal Calvert May 11, 2023

One On One Announces Near-Double Net Profits In Q2 Report

In The Media


One On One, the leading e-Learning and ed-tech company in Jamaica, has recently announced that it achieved near-double net profits in its second quarter when compared to the corresponding period of 2022. This remarkable accomplishment is attributed to the company’s strategic moves to scale and revenues generated from new and ongoing contracts. One On One’s focus on innovative ed-tech solutions has helped it to maintain its position as a leader in the industry.

Released on Friday, April 14, 2023, the report highlighted significant increases in key areas, such as total revenues, net profit, total assets, and total equity.

Below are some key highlights:

  • Gross revenues of $76.3 million
  • Gross profit for the period increased by $15.3 million
  • Total assets recorded for the period – $634.9 million
  • Total equity is $459.3 million

You can find out more about the company’s financial performance here