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Technology Wrap - Week 22 (25 May -> 29 May) 2026

Tiny tech stocks dominated the tape, with Thrive Tribe, Harvest Technology and Bridge SaaS posting the biggest weekly jumps. Capital raisings, AI product launches and defence-linked deals drove buying, while heavily discounted offers and fraud concerns hit the losers.
Logan Eniac
30 May 2026

ReadCloud Surges Past FY26 EBITDA Target with School Divisions Driving Growth

ReadCloud Limited’s 1H26 results reveal robust growth in school-focused businesses, with cash receipts up 22% and operating cash flow rising 10%, positioning the company to outperform its FY26 earnings guidance.
Victor Sage
28 May 2026

ReadCloud CEO Andrew Skelton Steps Down After Transformative Growth Phase

ReadCloud announces CEO Andrew Skelton’s departure after three years of operational overhaul and financial turnaround, appointing CFO Luke Murphy as interim CEO amid strong growth momentum.
Victor Sage
13 May 2026

ReadCloud Hits Record $5.2m Quarterly Cash Receipts as School Divisions Accelerate Growth

ReadCloud Limited posted a record $5.2 million in quarterly cash receipts for Q2 FY26, driven by surging demand in its school-focused ReadCloudVET and eBooks divisions. The company now serves 440 schools and is on track to meet its FY26 financial targets without raising capital.
Victor Sage
14 Apr 2026

ReadCloud Signs 50+ New Schools, Eyes 15%+ VET Revenue Growth Amid Funding Hurdles

ReadCloud Limited has secured over 50 new school contracts for 2026, driving strong growth in its VET-in-Schools and eBooks divisions despite ongoing funding challenges in its Industry Training segment.
Victor Sage
23 Jan 2026

ReadCloud Doubles Underlying EBITDA on Strong School Revenue Growth

ReadCloud Limited's FY25 results reveal a robust earnings surge driven by significant growth in Australian school-focused businesses, with underlying EBITDA more than doubling. The company signals continued momentum into FY26 amid strategic business reviews.
Victor Sage
20 Nov 2025

ReadCloud Doubles EBITDA with 26% VET-in-Schools Growth in FY25

ReadCloud Limited reported a robust FY25 with a 109% surge in underlying EBITDA, driven by strong growth in its Australian school businesses. The company’s FY26 outlook targets continued organic expansion and disciplined execution amid industry funding uncertainties.
Victor Sage
20 Nov 2025

ReadCloud Boosts Profitability with 109% Jump in Underlying EBITDA Amid VET Growth

ReadCloud Limited reported a 5% revenue increase to $12.9 million for FY25, alongside a 109% surge in underlying EBITDA to $0.76 million, narrowing its statutory loss by 59%. Strong growth in its VET-in-Schools segment and domestic eBooks sales underpinned this improved financial performance.
Victor Sage
20 Nov 2025

ReadCloud Doubles EBITDA on Strong VET and eBook Sales Growth

ReadCloud Limited reports a 109% surge in underlying EBITDA to $757k for FY25, driven by robust growth in VET-in-Schools fees and domestic eBook sales, alongside positive cash flow improvements.
Sophie Babbage
27 Oct 2025

ReadCloud Surges 35% in Quarterly Cash Receipts, Eyes FY25 Profitability

ReadCloud Limited reported a robust 35% increase in cash receipts for the June quarter, driven by strong growth in its VET-in-Schools segment and disciplined cost management. The company forecasts positive underlying EBITDA and operating cash flow for FY25, positioning itself for accelerated growth in 2026.
Sophie Babbage
23 July 2025

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

ReadCloud Limited reports a robust first half FY25 with 13% organic revenue growth and a 73% jump in underlying EBITDA, powered by its expanding VET-in-Schools segment and disciplined cost management.
Victor Sage
29 May 2025

ReadCloud Surges with 214% Profit Jump on Strong VET Growth

ReadCloud Limited has reported a robust half-year performance with revenues up 13% and statutory profit soaring 214%, driven by significant growth in its Vocational Education & Training segment.
Victor Sage
29 May 2025