bullish

Readcloud Ltd

Readcloud Ltd - Delivering profitable growth

239 Views16 Jun 2025 03:00
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SUMMARY
  • ReadCloud Limited (ASX:RCL) services the education sector through the provision of digital learning content, proprietary interactive technology, and support for students and educators.
  • The company has released its H1 FY25 interim result (September year-end), illustrating a continuation of strong momentum in the core schools-focussed businesses.
  • Group sales and fee revenue grew 13% to $9.2m, underlying EBITDA strengthened 73% to $1.8m, with strong cash conversion delivering operating cash flow of $1.9m for the half, leaving the company with $3.5m cash and no debt at period end.
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  • Readcloud Ltd - Delivering profitable growth
    16 Jun 2025
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