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ReadCloud RCL.AX · AUD

Information Technology · ASX · 🇦🇺 Australia

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Close of 9 Nov 2026, in AUD

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About ReadCloud

Its shares trade on ASX under the ticker RCL.AX. It has been listed since 7 February 2018. In the fiscal year to 30 June 2025, it reported revenue of A$12.6m and a net loss of A$415,898. At that date it held total assets of A$11.6m and shareholders' equity of A$9.1m.

ReadCloud Ltd. engages in the provision of digital eLearning solutions to Australian secondary schools. The company is headquartered in Brighton, Victoria. The company went IPO on 2018-02-07. The firm's eBook reader 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. The company sources content for its solutions from multiple publishers, delivering the full Australian school curriculum in digital form in all States, on one platform. The company also provides digital vocational education and training (VET) course materials and services to schools through its subsidiaries, Australian Institute of Education and Training Unit Trust (AIET), PKY Media Pty Ltd and Ripponlea Institute Pty Ltd, which collectively offers over 60 VET courses and Auspicing services to schools across Australia.

Figures and description from our data supplier, not checked against the company's own report.

Company facts

Sector
Information Technology
Industry
Software
Listed since
7 Feb 2018
Employees
500

Leadership

Pay as last reported

  • Mr. Cristiano NicolliNon-Executive Chairman of the Board
  • Mr. Andrew SkeltonChief Executive Officer
  • Mr. Luke MurphyChief Financial Officer, Company Secretary
  • Mr. Joshua FisherChief Operating Officer
  • Mr. Darren HunterChief Information Officer, Executive Director, since 2023
  • Mr. Jonathan IsaacsDirector
  • Mr. Lars LindstromDirector, since 2022
  • Mr. Paul CollinsNon-Executive Independent Director

Environmental, social and governance

Scores out of 100, from our data supplier

ESG
Overall
0
Environment
0
Social
0
Governance
0

SWOT analysis

AI-generated by our data supplier. Not written or checked by our editors.

AI-generated

Strengths

  • ReadCloud Ltd provides digital eLearning solutions to Australian secondary schools with full curriculum content on one platform.
  • The company's eBook reader supports commentary, third-party content import, and social learning features.
  • ReadCloud employs 500 full-time employees and operates through subsidiaries offering over 60 VET courses nationwide.

Weaknesses

  • ReadCloud's business is limited to Australian secondary schools and lacks international expansion.
  • The company's reliance on Australian curriculum content restricts its market reach beyond domestic schools.
  • ReadCloud's subsidiaries AIET, PKY Media, and Ripponlea Institute collectively offer VET services but face competition within Australia.

Opportunities

  • ReadCloud can expand its VET offerings to include more courses and regions across Australia.
  • The growing demand for digital learning solutions in Australian schools presents a market opportunity.
  • ReadCloud's eBook reader features could be adapted for broader educational markets beyond secondary schools.

Threats

  • ReadCloud faces competition from other eLearning providers in the Australian market.
  • The company's dependence on the Australian education sector makes it vulnerable to policy changes in education funding.
  • ReadCloud's IPO in 2018 may limit its ability to secure additional capital for growth.

Sources and methodology

Data on this tab
Our data supplier
Chart on the Overview
TradingView

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