Financials

Estimates*

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Revenues, earnings & profits over time
EUR20192020202120222023
Revenues2.9m3.9m2.1m7.2m8.1m
% growth-35 %(46 %)248 %12 %
EBITDA--(6.5m)(14.2m)-
% EBITDA margin--(315 %)(197 %)-
Profit--(6.1m)(13.7m)-
% profit margin--(294 %)(190 %)-
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Recent News about Perlego

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More about Perlego
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Perlego is a digital platform that provides students with unlimited access to a vast online library of academic textbooks. The company operates in the education technology market, serving primarily students who are seeking more affordable alternatives to purchasing expensive textbooks. The business model is subscription-based, offering flexible monthly or annual plans. This allows students to access over a million textbooks and other learning resources whenever they need them, at a cost-effective price.

Perlego's platform also includes built-in study tools to aid students in their learning process. These tools include a personalized eReader, the ability to highlight and save notes, and a search function within books. The platform covers a wide range of topics and subtopics, allowing students to explore beyond their prescribed reading lists.

The company was founded by students who experienced firsthand the financial burden of purchasing textbooks. Their mission is to break down the barriers to education by providing a more affordable and accessible alternative. The startup has received positive feedback from its users, with many praising its extensive range of books and its potential to level the playing field for less well-off students.

Perlego generates revenue through its subscription fees. Users can start with a free trial and can cancel anytime, providing flexibility and ease of use. The company's value proposition lies in its ability to provide a cost-effective and comprehensive learning resource for students, thereby addressing a significant pain point in the education sector.

Keywords: EdTech, Online Library, Textbooks, Subscription Model, Affordable Learning, Study Tools, eReader, Student-Centric, Accessible Education, Digital Platform.

Tech stack

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Tech stackLearn more about the technologies and tools that this company uses.