Moodle Pty Ltd Due Diligence

Run due diligence on Moodle Pty Ltd: check compliance and get alerts when suppliers change.

Australia · moodle.com · 13 vendors

Moodle Pty Ltd is a provider of open-source learning management systems (LMS) that empower educators, learners, and organizations worldwide. It offers a customizable platform for creating and delivering online courses, tracking progress, and facilitating collaboration, aiming to make learning accessible to everyone.

Resilience scores

Technology vendors

Services catalogue

2 services in catalogue across 2 categories; runs on 13 sub-vendors.

Insights

Last updated 2026-04-22 · revision 2

13 direct vendors, 154 subvendors

Direct vendors by controlling owner country (sample)

Subvendors by controlling owner country (sample)

Compliance

4 in-scope frameworks identified; showing 3.

SOC 2 (source) — No public evidence

Evidence: https://moodle.com/products/moodlecloud/

GDPR (source) — Evidence found

Evidence: https://moodle.com/privacy-notice/, https://moodle.com/wp-content/uploads/2026/02/2026-Moodle-Processor.pdf, https://moodle.com/wp-content/uploads/2022/08/Moodle-Cross-Border-Standard-Contract-Clauses-SCCs.pdf

Australian Privacy Principles — Evidence found

Evidence: https://moodle.com/privacy-notice/

Financials

Three-year financials

Financial Resilience Score: 6/10

Moodle Pty Ltd demonstrates strong strategic and operational resilience underpinned by its dominant global market position as the world's most widely deployed LMS, with 154,000+ registered sites, 500 million+ users, and 3.4 billion+ course enrolments as of 2025/26. Its open-source flywheel model drives global adoption at near-zero customer acquisition cost, while commercial revenue is captured through premium SaaS products (MoodleCloud, Moodle Workplace), partner programme fees, and professional services. The company appears self-sustaining with no publicly announced external funding rounds, suggesting it operates on internally generated cash flows — a meaningful indicator of financial independence and resilience. The pivot toward enterprise SaaS via Moodle Workplace and managed hosting via MoodleCloud provides an increasingly recurring and predictable revenue base, reducing reliance on one-off project income. The global Certified Partner network of 100+ partners acts as a distributed, low-cost sales and delivery force, further improving capital efficiency. B Corp certification and alignment with UNESCO and Open Education Global strengthen the company's positioning in public sector and institutional procurement, which tends to be sticky and long-cycle. However, the score is moderated significantly by the complete absence of publicly available audited financial statements, making it impossible to independently verify revenue, profitability, leverage, or liquidity. The open-source monetisation challenge is structural: the vast majority of Moodle's global install base self-hosts for free, resulting in very low revenue per user relative to total platform scale. The company faces intense competition from well-capitalised rivals including Instructure (Canvas), Anthology (Blackboard), D2L Brightspace, and Cornerstone OnDemand, many of which have larger dedicated R&D budgets. Additional risks include heavy concentration in the education sector (subject to government budget cycles), partner dependency for commercial delivery, currency exposure as an AUD-headquartered company with predominantly USD/EUR revenues, key-person risk associated with founder Martin Dougiamas, and the need for significant ongoing R&D investment to respond to rapid AI integration across the EdTech landscape. The score of 6 reflects genuine operational strength and market leadership tempered by financial opacity and structural monetisation constraints.

Key strengths: World's most widely deployed LMS with 154,000+ registered sites and 500 million+ users, Open-source flywheel drives global adoption at near-zero customer acquisition cost, Recurring SaaS revenue from MoodleCloud and Moodle Workplace enterprise product, No external funding rounds announced — indicates self-sustaining on internal cash flows, 100+ global Certified Partners provide distributed, capital-efficient sales and delivery, Diversified revenue streams across SaaS, enterprise licensing, partner fees, and services, Certified B Corporation status supports public sector and institutional procurement positioning, Strong post-COVID tailwinds for online learning and corporate L&D spend, No public market pressure enabling long-term platform investment

Risk factors: No audited financial statements publicly available — revenue, EBIT, leverage, and liquidity cannot be independently verified, Structural open-source monetisation challenge: majority of global install base self-hosts for free, yielding very low revenue per user, Intense competition from well-capitalised rivals including Instructure (Canvas/NYSE: INST), Anthology (Blackboard), D2L Brightspace, and Cornerstone OnDemand, Heavy concentration in higher education and K-12 sectors subject to government budget cycles and demographic shifts, Partner dependency for commercial delivery introduces quality control and revenue predictability risk, Currency/geographic risk: AUD-headquartered with revenues likely predominantly in USD and EUR, Key-person risk associated with founder and long-time CEO Martin Dougiamas, Significant ongoing R&D investment required to respond to rapid AI integration in EdTech, Third-party revenue estimates (USD $30–50 million) are unverified algorithmic models and cannot be relied upon

Revenue by geography

Revenue by product/service

Workforce by country

Signed-in users can see whether their own company is exposed to this vendor's disruption, plus the full sub-vendor list and country breakdowns, every in-scope compliance framework plus gaps and next steps, and alerts when any of it changes.

View the full interactive report