D2L Inc.

D2L Inc.

DTLIF
D2L Inc.US flagOther OTC
6.34
USD
- -
- -
347.47MMarket Cap
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
2026 Y
TTM
Revenue per Share
1.96
2.07
2.39
4.48
3.18
3.41
3.78
3.97
3.97
Basic EPS, GAAP
-0.01
-0.11
-0.78
-2.88
-0.35
-0.07
0.47
0.16
0.16
Free Cash Flow per Basic Share
0.13
0.08
0.29
-0.02
- -
0.19
0.5
0.77
0.77
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
- -
-3.53
-4.32
0.83
0.25
0.27
0.81
0.73
0.73
Tangible Book Value per Share
- -
-2.77
-3.55
1.57
0.88
0.85
0.78
0.74
0.74
Basic Weighted Avg Shares
53
53
53
34
53
54
54
55
55
Sales/Revenue/Turnover
103
109
126
152
168
182
205
217
217
Operating Margin (%)
-1.84
-5.08
1.41
-49.19
-9.46
-3.9
3.02
5.77
5.77
Depreciation Expense
4
3
3
3
4
3
4
5
5
Net Income, GAAP
-1
-6
-41
-98
-18
-4
26
9
9
Effective Tax Rate (%)
- -
- -
- -
- -
- -
- -
- -
31.46
31.46
Profit Margin (%)
-0.59
-5.22
-32.84
-64.3
-10.91
-1.94
12.53
4.12
4.12
Working Capital
- -
-20
-21
43
36
32
7
11
11
LT Debt
- -
3
2
1
12
12
10
10
10
Total Equity
- -
-146
-187
66
54
57
85
85
85
Return on Invested Capital (%)
- -
- -
- -
- -
- -
- -
- -
8.99
8.99
Return on Capital (%)
- -
- -
- -
- -
- -
- -
- -
18.44
18.44
Return on Common Equity (%)
- -
- -
- -
- -
-89.57
-25.85
88.19
21.41
21.41

Capital Structure

FRC

in mil. unless spec.
Jul'26
Oct'26
Jan'26
ST Debt
2
2
2
LT Borrowings
- -
- -
- -
LT Finance Leases
10
10
10
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
55
55
54
Market Capitalization
634
679
437

Working Capital

FRC

in mil. unless spec.
Jul'26
Oct'26
Jan'26
Total Current Assets
158
148
164
Cash, Cash Equivalents & STI
103
110
119
Accounts Receivable, Net
38
20
26
Inventories
- -
- -
- -
Total Current Liabilities
152
137
153
Payables & Accruals
31
30
40
ST Debt
2
2
2
Deferred Revenue
115
106
112

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
-19.9%
0.28%
Free Cash Flow
- -
1,837.97%
56.36%
Net Income, GAAP
- -
-183.58%
-65.15%
Sales/Revenue/Turnover
- -
11.57%
5.94%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
44
44
46
48
182
2025
48
49
54
53
205
2026
53
55
54
56
217

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.02
-0.09
-0.01
- -
-0.07
2025
0.01
- -
0.1
- -
0.47
2026
0.06
0.05
0.08
- -
0.16

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -

Company Description

APIChat
CEO
John Baker
Full Time Employees
1,000
Sector
Consumer Defensive
Industry
Education & Training Services
Address
151 Charles Street West Kitchener ON Canada N2G 1H6
IPO Date
Mar 31, 2022
Website
d2l.com
Business
D2L Inc. (TSX: DTOL, OTC: DTLIF) develops and provides cloud-based learning management systems and related software solutions for K-12 schools, higher education institutions, corporations, associations, training organizations, and government entities worldwide; core offerings include the Brightspace platform for personalized online and blended learning, D2L Lumi for AI-enabled assistance, D2L Creator+ for interactive course authoring, D2L Achievement+ for outcomes-based education tracking, D2L Performance+ for learning insights, D2L Course Merchant for branded e-commerce course enrollment, D2L Link for system integrations, and Accessibility+ for digital content compliance, complemented by professional services encompassing platform migration, onboarding, course design, customer support, and optimization. Founded in 1999 and headquartered in Kitchener, Ontario, Canada, the company operates globally with offices in the United States, United Kingdom, Australia, Brazil, Europe, India, Singapore, and Mexico, serving over 1,400 customers and 21 million learners across more than 40 countries. Recent developments include the July 2024 acquisition of H5P Group to expand interactive content creation capabilities within its product suite; the integration of acquired Course Merchant as a native offering following the 2023 purchase of Connected Shopping Ltd.; establishment of a legal entity in Mexico in April 2024 to support regional expansion; launch of AI innovations such as expanded D2L Lumi functionality and product enhancements unveiled at Fusion 2025; and reporting of fiscal Q2 2025 revenue growth to $52.8 million with emphasis on AI-driven growth, international market penetration, and maintenance of full-year guidance amid a strong balance sheet featuring $92.5 million in cash and no debt.

Company News

APIChat
  • D2L Wins Platinum Club Designation in Canada's Best Managed Companies Program

  • SUNY and D2L Launch Educator-in-Residence Program to Advance Digital Learning Practices

  • D2L Announces Forbes Top 20 Speaker Liz Bohannon for D2L Fusion 2026 Keynote

  • D2L Survey Reveals How AI is Beginning to Reshape Entry-Level Work and the Talent Pipeline

  • D2L Launch Week Highlights Latest Product Releases

  • D2L Inc. (DTOL:CA) Q4 2026 Earnings Call Transcript

  • G2 Recognizes D2L Brightspace as One of the Best Education Software Products for 2026

  • D2L (OTCMKTS:DTLIF) Shares Down 1.2% – What’s Next?

  • D2L Inc. (DTOL:CA) Q3 2026 Earnings Call Transcript

  • D2L (OTCMKTS:DTLIF) Trading Up 2.1% – Time to Buy?

  • D2L Survey Finds AI-Enabled Learning Tools Can Help Unlock Time Savings for Higher Ed Professionals

  • D2L and 1EdTech Partner to Streamline Certification Access and Expand Availability of Trusted Solutions for Institutions

  • D2L Inc. (DTOL:CA) Q2 2026 Earnings Call Transcript

  • Global Education and Business Leaders Witnessed Learning Innovation at D2L Fusion 2025

  • D2L Announces Createspace to Help Simplify Course Creation with Real-Time Collaboration

  • D2L Launches Accessibility+ to Help Transform Digital Learning and Support Learners to Thrive

  • D2L Advances Breakthrough Personalized Learning with New AI Features

  • University of the People Selects D2L Brightspace to Help Enhance the Learning Experience and Drive Student Success

  • Project Management Institute Selects D2L Brightspace to Help Power Global Learning Ecosystem

  • U.S. Workers Eager to Adopt AI with More Employer Support, D2L Survey Finds