ReadCloud Ltd. (AU:RCL) has released an update.
ReadCloud Limited reports a significant turnaround with revenues climbing by 13% to $8.14 million and a noteworthy 277% surge in profits to $420,164 for the half-year ended March 31, 2024. The company’s underlying EBITDA also saw a dramatic increase of 120% reaching over $1 million, indicating a strong improvement in core earnings, despite not declaring any dividends for the period.
For further insights into AU:RCL stock, check out TipRanks’ Stock Analysis page.
