ReadCloud Limited provides eLearning software and industry based training solutions to schools and educational institutions in Australia. It operates through eBook Solutions, and Vocational Education and Training segments. The company offers eBook platform that delivers digital content. It also provides ReadCloudVET, enables the delivery of qualifications to learners across specialist registered training organizations; and Southern Solutions Training Services, an RTO that delivers training models in the workplace environment for qualifications, such as early childhood education and care, business, aged care, hospitality, logistics, and real estate. ReadCloud Limited was incorporated in 2009 and is headquartered in Brighton, Australia.
Research context
ReadCloud Limited appears in PyInvesting’s Australia Stock catalogue. The price history above describes this recorded instrument; it does not by itself identify a company’s business or establish a continuous investment return.
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- Sector
- Technology
- Industry
- Software - Application
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5 years, 6 months ago
ReadCloud Limited is currently in a long term downtrend where the price is trading 27.6% below its 200 day moving average.
From a valuation standpoint, the stock is 92.6% cheaper than other stocks from the Technology sector with a price to sales ratio of 5.3.
ReadCloud Limited's total revenue rose by 11.1% to $3M since the same quarter in the previous year.
Its net income has increased by 4.2% to $-1M since the same quarter in the previous year.
Finally, its free cash flow grew by 59.9% to $-415K since the same quarter in the previous year.
Based on the above factors, ReadCloud Limited gets an overall score of 4/5.