D2L (DTOL.TO)

(A Top Pick Nov 09/21, Down 68%) It is a high quality company and one of the world leaders in cloud based learning. It went down with tech and is trading at a significant discount to its peers. Has some impressive contracts but has reduced growth guidance. Looking for a positive EBITA much sooner than before. 0,7 X Sales.

World leader in cloud-based e-learning. YTD, probably best performing tech stock on the TSX. Subscription based model. High margin revenue. 20% increase in annualized recurring revenue. Just signed with NY State University and BC Education. Trades well below peers. Great long-term investment.

20-year old company. Cloud-based learning platform that delivers online education and training for schools, universities, and corporations. Just went public last week. 1,000 clients, 15M users, in 40 countries. Combination of at-home, in-class, and mobile learning experiences that can be personalized. Long-term contracts, great revenue visibility. 90% recurring SaaS revenue, growing at over 20% per year. Trades at 3.7x forward sales. High quality, fast growing world leader at a discounted price. No dividend.