There is no doubt that SCL has been affected by Covid but if you take a longer term view there is still the upside from the Faria partnership to come and improved revenues due to the termination of the ISS agreement. With a market cap of $26m and over $5m in the bank and an exceptional platform for schools, which saves them time and money, you would have to think that there is huge upside if they can scale over the next year or two. Patience is needed though.
I like the way they are giving new clients a free trial of the platform and believe this will allow them to scale quickly.
"In line with the release of the SSO, Schrole is undertaking an aggressive sales and marketing campaign including a free trial that is targeted at Tier 1 schools, an upgrade for Classic school subscribers to gain access to one iFair (usually limited to premium subscribers), a media campaign targeted at all international schools to promote Schrole Develop courses, a free trial of Schrole Cover and a campaign to promote Schrole Verify."
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