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Director, RaaS Research Group, Research as a Service (RaaS)

Director, RaaS Research Group

Equity Bottom-Up

<ul><li>RaaS Research has published an update on edtech group ReadCloud (ASX:RCL) following the release of its Q1 results in which it reported a 26% increase in cash receipts to $2.4m.</li><li>The result was in line with our forecasts from an operating cash flow and ending cash position.</li><li>The company's commentary was positive and gave us confident of our forecasts for the remainder of FY25 and into FY26.</li></ul>

RaaS Research has published an update on edtech group ReadCloud (ASX:RCL) following the release of its Q1 results in which it reported a 26% increase in cash receipts to $2.4m.The result was in line with our forecasts from an operating cash flow and ending cash position.The company's commentary was positive and gave us confident of our forecasts for the remainder of FY25 and into FY26.

Readcloud Ltd - A strong start to the year