ReadCloud Ltd.
AASX:RCL0.05
AUD
+0.00
(+9.76%)
ISIN
AU000000RCL0
Return %
Stock
S&P 500
1Y
-46.43
14.20
3Y
-21.05
81.12
5Y
-79.76
68.34
Capital Structure
AUD
•
in mil. unless spec.Working Capital
AUD
•
in mil. unless spec.Growth Rates
AUD
•
in mil. unless spec.Semi-annual Revenue
AUD
•
in mil. unless spec.Semi-annual Earnings Per Share
AUD
•
in mil. unless spec.Semi-annual Dividends Per Share
AUD
•
in mil. unless spec.Company Description
- CEO
- Luke Murphy
- Full Time Employees
- 24
- Sector
- Technology services
- Industry
- Packaged software
- Address
- 126 Church Street Brighton VIC Australia 3186
- IPO Date
- Feb 7, 2018
- Website
- readcloud.com
- Similar Companies
- Business
- ReadCloud Limited (ASX:RCL) provides eLearning software solutions and vocational education and training (VET) services to secondary schools, primary schools, and educational institutions primarily in Australia, with expanding operations to international markets. The company offers a cloud-based eBook platform that delivers digital textbooks and interactive content from over 50 global publishers including Oxford University Press, Cengage, and Jacaranda; proprietary interactive tools for collaborative annotation, text-to-speech accessibility, translation into more than 50 languages, and social learning features such as sharing notes, questions, videos, and web links within eBooks; and unified administration solutions for curriculum management, procurement automation, single sign-on integration, and equitable resource distribution across classrooms. Through its ReadCloudVET division and subsidiaries including Australian Institute of Education and Training Unit Trust, PKY Media Pty Ltd, Ripponlea Institute Pty Ltd, and Southern Solutions Training Services Pty Ltd, it delivers over 40 VET qualifications and 50 industry-based training courses in sectors such as early childhood education, business, aged care, hospitality, logistics, and real estate to more than 15,000 learners via VET-in-schools (VETiS), VET-in-industry, and blended workplace models. Founded in 2009 and headquartered in Brighton, Victoria, Australia, ReadCloud operates two main segments—eBook solutions as the primary revenue driver and Vocational Education and Training—with total revenue reaching AUD 11.9 million for the fiscal year ended September 30, 2024, primarily from Australian customers. In recent developments, the company reported strong first-half fiscal 2025 results with 13% organic revenue growth to AUD 9.2 million, 73% underlying EBITDA growth to AUD 1.8 million, and 214% statutory profit increase to AUD 1.32 million, driven by expansions in VET-in-schools and eBook sales; full-year fiscal 2025 results showed further revenue gains across school-focused units and a 109% underlying EBITDA increase; it issued new employee incentive options, raised AUD 500,000 through stock option exercises, and noted increased stakes by investor Thorney Technologies, alongside director changes including Darren Hunter's resignation. ReadCloud continues to strengthen partnerships, such as with the Australian Secondary Principals’ Association (ASPA) for remote learning initiatives, and maintains a focus on scalable SaaS delivery to over 400 schools domestically and internationally.