iStep Learning plc (ISTL)

iStep Learning will go public soon, but the exact IPO date is still unknown.

IPO Price Range

$4.00 - $5.00

Shares Offered

4,000,000

Deal Size

$18.00M

iStep Learning Income Statement

Financials in millions GBP. Fiscal year is July - June.

Millions GBP. Fiscal year is Jul - Jun.

Year Ending	Jun '26 Jun 30, 2026	Jun '25 Jun 30, 2025	Jun '24 Jun 30, 2024
Revenue	17.94	14.37	7.8
Revenue Growth	24.85%	84.25%	-
Cost of Revenue	14.21	12.73	6.93
Gross Profit	3.73	1.64	0.87
Selling, General & Admin	5.44	3.44	3.52
Other Operating Expenses	0.16	0	0
Operating Expenses	5.6	3.44	3.52
Operating Income	-1.87	-1.8	-2.65
Interest Expense (Income)	0.55	0.54	0.12
Other Expense (Income)	-0.51	-0.53	-0.31
Pretax Income	-1.38	-1.31	-2.14
Income Tax	0.5	0.5	0.31
Net Income	-2.41	-2.31	-2.76
Net Income Common	-1.88	-1.81	-2.45
Net Income Growth	-	-	-

Additional Metrics

Year Ending	Jun '26 Jun 30, 2026	Jun '25 Jun 30, 2025	Jun '24 Jun 30, 2024
Free Cash Flow	-0.09	-0.57	0.11
Free Cash Flow Growth	-	-	-
Gross Margin	20.78%	11.43%	11.14%
Operating Margin	-10.42%	-12.52%	-33.95%
Profit Margin	-10.50%	-12.60%	-31.47%
Free Cash Flow Margin	-0.48%	-3.99%	1.36%
EBITDA	-0.06	-0.02	-
EBITDA Margin	-0.36%	-0.12%	-
Depreciation & Amortization	1.29	1.25	0.72
EBIT	-1.36	-1.27	-
EBIT Margin	-7.56%	-8.82%	-