ReadCloud Ltd. Reports Strong FY24 Performance
Company Announcements

ReadCloud Ltd. Reports Strong FY24 Performance

ReadCloud Ltd. (AU:RCL) has released an update.

ReadCloud Ltd. has reported a strong financial performance for FY24, with a 15% rise in customer receipts and an unaudited revenue of $12.27 million, driven by organic growth across all segments. The company remains debt-free and has improved cash flow, while focusing on customer retention and expanding its VET-in-schools programs. The start of the 2025 selling season has been positive with new school acquisitions and robust enrollment in industry training courses.

For further insights into AU:RCL stock, check out TipRanks’ Stock Analysis page.

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