• 6% increase in revenue to $8.5 million
• 5% increase in Underlying EBITDA to $2.09 million
• Decision to exit industry training sector
• No dividends declared
• Strong cash flow and debt-free position

ReadCloud Ltd's half-year financial report for the period ending March 31, 2026, shows a 6% increase in revenue to $8.5 million and a 5% rise in Underlying EBITDA to $2.09 million. The VET-in-Schools division achieved 11% revenue growth to $4.3 million, while the eBook Solutions division saw stable revenue at $4.3 million. The company decided to exit the industry training sector, resulting in a loss of $1.6 million. Despite the loss, the company generated $2.1 million in net cash from operating activities and remains debt-free with $3.7 million in cash at the end of the period. The company also reported a statutory profit after tax from continuing operations of $1.57 million.

Underlying EBITDA from continuing operations: $2.09 million (Half-Year 2026)

ReadCloud Ltd expects strong and compounding annual recurring revenue growth in FY27 and beyond, driven by customer retention, increasing average customer value, and new school acquisitions.