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Readcloud Ltd - Australian schools proving the growth engine
SUMMARY
- ReadCloud Limited (ASX:RCL) services the education and training sectors through the provision of digital learning content, proprietary interactive technology and support for students and educators.
- The company released its 4C September quarter activities report and a trading update containing data points for its upcoming FY25 full year result (September year-end).
- The company delivered a solid result in what is a seasonally quiet last quarter resulting in FY25 unaudited revenue of $12.9m (directly in line with RaaS forecast), representing 4.9% growth over FY24.
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