ReadCloud Ltd. (AU:RCL) has released an update.
ReadCloud Limited, an eLearning solutions provider for schools and vocational training, reports a 44% increase in customer cash receipts to $5.22 million, boasting a record quarter in March 2024. Operational efficiencies led to higher customer retention and international expansion, including new eBook sales in Singapore and South Africa. The company’s financial performance shows a positive trend with a 52% increase in net cash from operations and improved sales processes.
For further insights into AU:RCL stock, check out TipRanks’ Stock Analysis page.
