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ReadCloud Accelerates 1H25 Growth with 29% Surge in VET-in-Schools Revenue
6:13am on Monday 2nd of June, 2025 AEST
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ReadCloud Accelerates 1H25 Growth with 29% Surge in VET-in-Schools Revenue
6:13am on Monday 2nd of June, 2025 AEST
Key Points
1H25 sales and fee revenue up 13%, led by VET-in-Schools growth of 29%
March quarter cash receipts of $4.6m and positive operating cash flow of $2.0m
Cash reserves increased to $3.5m with zero debt
Operating costs grew just 1%, enhancing operating leverage
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