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ReadCloud Drives 73% EBITDA Surge Amid Strong VET-in-Schools Growth

9:48am on Thursday 29th of May, 2025 AEST Education Technology
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ReadCloud Drives 73% EBITDA Surge Amid Strong VET-in-Schools Growth

9:48am on Thursday 29th of May, 2025 AEST
Key Points
  • 13% organic revenue growth in 1H FY25
  • 73% increase in underlying EBITDA driven by operating leverage
  • 32% revenue growth in VET-in-Schools segment with 94% retention
  • Strong cash position of $3.5 million and zero debt
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