• School businesses on track to exceed FY26 EBITDA target
• ReadCloudVET with 92% growth and 385 schools contracted
• eBooks with 89% retention and international sales pipeline
• Southern Solutions wind-down on track, no FY27 impact
• FY27 outlook positive with strong sales pipeline

Readcloud Ltd announced its 1H FY26 financial results, showcasing robust performance across its divisions. School businesses are on track to exceed the FY26 underlying EBITDA target of $1m+. ReadCloudVET delivered a 92% increase in cash receipts, with 385 schools contracted for 2026. eBooks, despite single-digit growth, retained 89% of schools and saw a rise in average revenue per school. The wind-down of Southern Solutions is on budget and on schedule, with no impact expected beyond FY26. Readcloud is well-positioned for accelerated growth in FY27.

Readcloud expects positive operating cashflow for FY26 and a strengthening pipeline for FY27.

Readcloud is optimistic about FY27, with a strong sales pipeline and the expectation of achieving positive operating cashflow for FY26.