Pearson Results Presentation Deck
Higher Education
Performance and product roadmap
2022 financial KPIs
Sales: £898m / 2021: £849m (-4% UL)
Adjusted operating profit: £91m/2021:
£73m (+12% UL)
Segment
Higher Education
Product roadmap
P Pearson +
P Pearson
MyLab & Mastering
2022 revenue
(£m)
898
Margin*
2022
10%
2023
2022 non-financial KPIs
HE US digital registrations: 9.9m (11.1m**)
HE product usage- text units: 4.8m (5.4m)
Pearson+ registered users: 2.83m (2.75m)
2023 expectations
Revenue
Low-single
digit decline
Margin*
Increase
2024
Underlying revenue
3-year CAGR 2022 to
2025
Low to mid-single digit
P+ Channels (more disciplines and skills)
Additional features / international markets / integration with broader Pearson portfolio
Cloud migration
Product refresh (Freehand Grader, Adaptive Diagnostics, Next Gen Learning Experiences)
Margin* 2025
*Adjusted operating profit margin
**2021 US digital registrations restated from 11.4m to 11.1m due
to recategorising 0.3m of registrations from US to International
Increase
2025+
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