WKT Strategic Growth Plan

2026 Strategic Direction

INTERNAL - CONFIDENTIAL

1Core Focus

Our fundamental purpose and the specific niche we dominate

Purpose

Powering the infrastructure for how regulated sectors train, certify and prove it.

Our Niche

Advancing careers in regulated industries through tailored training and tools.

2Market Opportunity

Why here, why now — the market dynamics that make this our moment

TAM / SAM / SOM — The Scale of the Opportunity

WKT operates in a large, fragmented, and underserved market. Regulated training is non-discretionary for employers — it is a compliance obligation, not an optional spend. This structural demand creates durable, repeat-purchase revenue that is largely recession-resistant.

Total Addressable Market
~$5.8B+
Total across all 10 credential-sensitive sectors in Canada
Serviceable Addressable Market
$180-220M
Reachable with current platform & go-to-market model
Serviceable Obtainable Market
$28-35M
Realistic 2026-2027 revenue target at projected market share

Current Position — The Gap

WKT's current revenue of approximately $14M CAD represents roughly 2.1% of the Canadian TAM. Even within Open Lanes only, the company captures a fraction of what projections show is achievable at modest market-share targets.

2025 Revenue
~$14M
2026 Target
$22-28M
2027-28 Target
$40-50M

All 10 Credential-Sensitive Sectors

WKT's market opportunity spans 10 credential-sensitive sectors ranked by strategic priority, sector TAM, and execution readiness.

# Sector Sector TAM Open Market Priority 2026 Target
1 Regulated Professions & Commerce $179M+ $58M ★★★★★ $7.2M
2 Industrial, Construction & Resource ~$1.8B ~$1.1B ★★★★☆ TBC — MIS
3 Transportation, Mobility & Infrastructure ~$1.2B ~$800M ★★★★☆ TBC — MIS
4 Retail, Hospitality & Consumer Safety ~$500M ~$450M ★★★★☆ Storefront ARR
5 Public Health & Human Services ~$1.0B ~$600M ★★★☆☆ Coalition play
6 Security, Enforcement & Protection ~$400M ~$280M ★★★☆☆ Platform focus
7 Environmental & Sustainability ~$350M ~$250M ★★★☆☆ Experiment
8 Community, Recreation & Youth ~$250M ~$220M ★★☆☆☆ Association play
9 Agriculture & Agri-Food ~$200M ~$160M ★★☆☆☆ Experiment
10 Outdoor Recreation & Conservation ~$150M ~$130M ★★☆☆☆ Niche/association

The Strategic Takeaway

The addressable opportunity across WKT's 10 sectors is enormous — conservatively $5.8B+ in Canadian sector TAM with over $4.0B in open or accessible market.

WKT's advantage is not content — training titles are becoming a commodity. The advantage is outcomes: getting workers trained and re-skilled faster than any alternative, in industries that cannot afford slow credentialing, and proving it cryptographically in real time.

The converging stack — RapidLMS + ALF + Oliu+ — has been 4 years in the making. The market is only now starting to understand why verifiable credentials matter. That convergence is not luck. It is positioning.

3Strategic Pillars

How we win — the 3-5 big themes that drive everything we do

1

Grow the Trusted Network

Expand the number and quality of organizations that participate in WKT's regulated-training ecosystem as issuers, verifiers, storefront partners, or resellers.

Includes: Storefront partners, associations, regulators, employers/Corporate Buyers, credential issuers and verifiers

2

Expand High-Value Regulated Programs

Grow the portfolio of owned regulated training programs where WKT can become the preferred and trusted provider — programs that compound network and infrastructure value.

Excludes: Low-leverage one-offs, non-regulated content, programs that do not compound

3

Strengthen the Trust Infrastructure

Increase the credibility, adoption, and defensibility of the verification, credentialing, and intelligence systems that make regulated training trusted at scale.

Includes: Oliu+, ALF, MIS, SOC 2 compliance, employer recognition

The Pillar Decision Filter

Every new opportunity is scored against the pillars before resources are committed:

Pillar Score Decision Rule
Advances 3 of 3 pillars ACCELERATE — allocate full resources immediately
Advances 2 of 3 pillars ADVANCE — include in roadmap with clear owner and Rock
Advances 1 of 3 pillars only EXPERIMENT — time-box to 90 days with explicit kill criteria
Advances 0 of 3 pillars KILL — document why and communicate clearly to the team
Short-term revenue but undermines trust KILL — non-negotiable regardless of dollar value

4Strategic Lane / Initiative Map

The specific bets we're making — what we're pursuing, experimenting with, and explicitly not doing

Market Lane Priority Matrix

Lane Sector Industry TAM Priority Score Status Funnel Stage Lane Strategy
LLQP / World Financial Group Regulated Prof. & Commerce Insurance $6M P0 — NOW OPEN TBD To be populated
CIRO Approved Persons (Open Market) Regulated Prof. & Commerce Securities $3M P0 — NOW OPEN TBD To be populated
iGaming Training (Alberta AiGC) Retail, Hospitality & Consumer Gaming $250K P0 — NOW OPEN TBD To be populated
Supply Chain Canada SCMP Platform Regulated Prof. & Commerce Supply Chain TBC P1 — SOON OPEN TBD To be populated
WKT First Aid Strategy Public Health & Human Services First Aid TBC P1 — SOON INBOUND TBD To be populated
BC LCRB — Verifiable Credentials Retail, Hospitality & Consumer Alcohol $45K P2 — ADVANCE OPEN TBD To be populated

Sector 1: Regulated Professions & Commerce ($179M+ TAM)

OPEN

LLQP / World Financial Group

Value: $6M | Priority: P0 — NOW

WFG represents 50% of the LLQP market in Canada. Strategic partnership to win that business with best-in-market product.

Strategy

Latest: Chris and Glenn meeting with Real and Raja. Need ALF demo capability. Primary focus on demonstrating superior learning experience and outcomes vs. current solution.

OPEN

CIRO Approved Persons — Exam Prep Open Market

Value: $3M | Priority: P0 — NOW

CIRO open market for exam preparation. Nick meeting regularly with project team on GTM strategy.

Strategy

Working with Nicole on GTM strategy and plan. Developing assets/strategy for B2B even before March launch. Priority: reach out and secure beta testing candidates. Active conversations with Edward Jones and Richardson Wealth.

OPEN

Supply Chain Canada SCMP Platform Partnership

Priority: P1 — SOON

Full learning platform partnership for SCMP designation programs and storefront for compliance training catalogue.

Strategy

Three-option approach: (1) Reseller only, (2) Reseller + Storefront Partner, (3) Full platform rebuild. Decision timeline: March 31. Demonstrating innovation in delivery modalities and ILT management capabilities.

EXPERIMENTING

CSA Group — Proof Network

Priority: P2 — ADVANCE

Credentialing body for standards with 12 focus areas. Potential massive partner for Proof Network.

DORMANT

Oliver Learning LLQP Business

Value: $3M | Killed: Not worth acquisition price

Better to compete for WFG business and win it with superior product/experience rather than acquire Oliver Learning's LLQP business.

Sector 4: Retail, Hospitality & Consumer Safety (~$500M TAM)

OPEN

iGaming Training — AiGC

Value: $250K | Priority: P0 — NOW

New Alberta iGaming Corporation creating similar market to Ontario. Both training and credential opportunities.

Strategy

Chris, Nick, and Glenn presented SafeGaming™ to Bill Eaton (Vice Board Chair) and Dan Keene (CEO). AiGC reviewing primary needs including potential mandatory gaming operator training. Follow-up discovery meeting planned.

OPEN

BC LCRB — Verifiable Credentials

Value: $45K | Priority: P2 — ADVANCE

Close the deal on Liquor and Cannabis Regulation Branch verifiable credentials implementation.

Strategy

Latest: Get in-person meeting with Ian/Chris to advance the opportunity.

DORMANT

AGLC — SMART Programs

Value: $2M | Status: On Hold

Unsolicited bid to take over AGLC's smart programs operations or craft RFP. Chris to push for April 1 RFP.

Additional Priority Lanes Across Sectors

INBOUND

WKT First Aid Strategy

Sector: Public Health & Human Services | Priority: P1 — SOON

Platform dominance strategy for first aid training infrastructure. Technology partner for training businesses vs. direct competition.

Strategy

Strategy finalized: Be the technology infrastructure provider for first aid training providers and credential owners. Power their storefronts and management systems. Full strategy at: https://wkt-first-aid-briefing.pages.dev/

OPEN

Advocis LMS Platform Partnership

Value: $200K | Priority: P2 — ADVANCE

Consolidating 7 tech stack services into 2-3. LMS for LLQP, PFP, CE, Proctoring.

OPEN

SJA LMS Opportunity

Value: $200K | Priority: P2 — ADVANCE

RFP for new LMS provider in 2026 to replace D2L contract expiring 2027. Add SJA content to network.

EXPERIMENTING

Guard Training Strategy / Plan

Sector: Security, Enforcement & Protection

Define strategy for Guard Training / Security sector. Veteran-focused security services approach.

EXPERIMENTING

ICBC — RIA Accredited Training Programs

Value: $1M | Priority: Market Intel Deep Dive

New Restricted Insurance Agent (RIA) licence category requiring accredited training for thousands of businesses.

Explicitly Not Doing — Kill Discipline

These opportunities have been evaluated and explicitly killed. Documentation ensures clear communication and prevents resource drift.

KILLED

Oliver Learning LLQP Business Acquisition

Reason: Not worth the acquisition price. Better ROI competing directly for WFG business with superior product.

KILLED

IndigConnect Opportunity

Reason: Did not align with strategic pillars or provide sufficient network/infrastructure compound value.

KILLED

Smart Serve LMS RFP

Reason: Smart Serve decided not to share invitation for WKT to bid on their LMS RFP. Documented and moved on.

5Execution Roadmap

How strategy becomes action — 2026 quarterly Rocks and team-level priorities

2026 Annual Plan

Q1 2026

  • Rock 1
  • Rock 2
  • Rock 3

Q2 2026

Quarterly Rocks to be added

Q3 2026

Quarterly Rocks to be added

Q4 2026

Quarterly Rocks to be added

6Goals & Metrics

What success looks like in 2026 — quantified targets with clear timeframes

$XX M
Revenue Target
By End of 2026
XX%
Market Share
Target Segment
XXX
Customer Count
Active Clients
XX%
Growth Rate
Year-over-Year
$XXX K
Average Deal Size
Enterprise Contracts
XX%
Customer Retention
Annual Retention Rate

Operational KPIs

Additional operational metrics and KPIs to be added