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Donagh Barry’s Axis Education invests in Sligo edtech firm Studyclix
Ireland🏛️ PoliticsCenter4 hr. ago

Donagh Barry’s Axis Education invests in Sligo edtech firm Studyclix

Axis Education Group, led by Donagh Barry and Chris Lauder, has acquired a stake in Studyclix, an Irish edtech firm providing exam preparation tools. The acquisition follows the formation of Axis Education Group, which now operates several educational institutions serving over 20,000 students. Studyclix, founded in 2009 by Luke Saunders and Keith Wright, has 224,000 student users and 29,000 teacher users across over 700 Irish schools. While the investment aims to enhance Studyclix's capabilities, recent financial reports reveal that Studyclix reported a loss of €92,000 in the 12 months ending July 2025, down from a profit of €40,000 the previous year. Meanwhile, Axis Education Group saw a decline in operating margins from 13.8% to 2.8%, reflecting challenges in profitability.

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The Irish Times logoThe Irish TimesIndependent🔒Center4 hr. ago
Donagh Barry’s Axis Education invests in Sligo edtech firm Studyclix

Axis Education Group, led by Donagh Barry and Chris Lauder, has acquired a stake in Studyclix, an Irish edtech firm providing exam preparation tools. The acquisition follows the formation of Axis Education Group, which now operates several educational institutions serving over 20,000 students. Studyclix, founded in 2009 by Luke Saunders and Keith Wright, has 224,000 student users and 29,000 teacher users across over 700 Irish schools. While the investment aims to enhance Studyclix's capabilities, recent financial reports reveal that Studyclix reported a loss of €92,000 in the 12 months ending July 2025, down from a profit of €40,000 the previous year. Meanwhile, Axis Education Group saw a decline in operating margins from 13.8% to 2.8%, reflecting challenges in profitability.

Bias read (Center): The article presents a balanced overview of the investment and its implications, discussing both the strategic benefits and financial challenges faced by both Axis Education Group and Studyclix. It does not take a clear ideological stance but rather reports on the business transaction and its impact

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