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An update from ReadCloud Ltd. ( (AU:RCL) ) is now available.
ReadCloud Ltd. has announced a breakthrough in its financial performance, achieving positive underlying EBITDA and operating cash flow in FY24. The company is experiencing significant revenue growth, with 62 new schools joining its platform in 2025, and has $3.6 million in cash as of March 31, 2025, indicating strong financial health and promising future prospects.
More about ReadCloud Ltd.
ReadCloud Ltd. operates in the EdTech industry, providing eLearning software solutions to schools and educational institutions in Australia and internationally. The company offers platforms such as ReadCloudVET for vocational education and training, serving over 14,000 students, and an eBooks platform that integrates with school management systems, currently used by 429 schools.
YTD Price Performance: 25.00%
Average Trading Volume: 74,187
Technical Sentiment Signal: Strong Sell
Current Market Cap: A$15.26M
See more data about RCL stock on TipRanks’ Stock Analysis page.