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ReadCloud Surges with 26% Cash Growth and 59 New Schools for FY25
9:47am on Tuesday 28th of January, 2025 AEDT
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Education
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ReadCloud Surges with 26% Cash Growth and 59 New Schools for FY25
9:47am on Tuesday 28th of January, 2025 AEDT
Key Points
26% increase in cash receipts to $2.41 million in December quarter
17% revenue growth with operating expenses rising just 1%
59 new schools signed for 2025 across VET-in-Schools and eBooks
Retention rates in eBooks improved to 93%
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