ReadCloud Ltd
ReadCloud Limited is an Australia-based provider of provider of eLearning software solutions and training supporting schools and educational institutions.
The business
ReadCloud Limited is an Australia-based provider of provider of eLearning software solutions and training supporting schools and educational institutions. The Company’s eBook platform delivers digital content to students and teachers with functionality, including the ability to make commentary in, and import third party content into eBooks. Students and teachers can share notes, questions, videos and weblinks directly inside the eBooks turning the eBook into a place for discussion, collaboration and social learning. Its ReadCloudVET enables the delivery of 50 qualifications to 15,000 learners across three specialist registered training organizations (RTOs) in vocational education and training delivered to secondary school students. In industry training, Southern Solutions Training Services Pty Ltd, offers industry training and delivers flexible, blended training models in the workplace environment for 14 qualifications.
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Latest news
ReadCloud lifts EBITDA by 73% on surging vocational education and eBook revenue
eLearning software solutions provider ReadCloud (ASX: RCL) has reported “exceptional” results for the first half of financial year 2025, with total organic revenue growth of 13% to $9.2 million outpacing operating cost growth of just 1%. As a result, underlying EBITDA grew 73% to $1.8m and statutory profit increased 214% to $1.32m. The company’s VET […]
ReadCloud in talks with new customers as schools move to online learning
Online learning software provider ReadCloud (ASX: RCL) is lined up to benefit as Australian schools begin to forward plan for remote education solutions to stop the spread of coronavirus. The company today reassured investors the COVID-19 pandemic has “so far had minimal impact” on its operations and revealed it is in talks with existing and […]
E-learning pacesetter ReadCloud makes its ASX debut
E-learning solutions provider ReadCloud (ASX: RCL) made its debut as a public company on the ASX today, having raised $6 million as part of its Initial Public Offering (IPO). Having completed the raise at $0.20, the stock was trading at $0.265 per share in afternoon trade on Wednesday, up 32.5%. The newly-listed company has experienced […]
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