Readcloud Ltd - Driving growth through schools

203 Views29 Jul 2025 08:00

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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 delivered a solid June quarter, recording a 35% increase in cash receipts over the previous corresponding period (pcp) to $4.6m and maintaining disciplined cost control at the operating level.
Its VET-in-Schools segment continues to grow strongly with a 27% revenue uplift and high gross margins (>90%) to date in FY25.

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