READCLOUD ORD
ReadCloud lifts EBITDA by 73% on surging vocational education and eBook revenue
eLearning software solutions provider ReadCloud (ASX: RCL) has reported “exceptional” results for the first half of financial year 2025, with total organic revenue growth of 13% to $9.2 million outpacing operating cost growth of just 1%. As a result, underlying EBITDA grew 73% to $1.8m and statutory profit increased 214% to $1.32m. The company’s VET […]
ReadCloud in talks with new customers as schools move to online learning
Online learning software provider ReadCloud (ASX: RCL) is lined up to benefit as Australian schools begin to forward plan for remote education solutions to stop the spread of coronavirus. The company today reassured investors the COVID-19 pandemic has “so far had minimal impact” on its operations and revealed it is in talks with existing and […]
E-learning pacesetter ReadCloud makes its ASX debut
E-learning solutions provider ReadCloud (ASX: RCL) made its debut as a public company on the ASX today, having raised $6 million as part of its Initial Public Offering (IPO). Having completed the raise at $0.20, the stock was trading at $0.265 per share in afternoon trade on Wednesday, up 32.5%. The newly-listed company has experienced […]
