Fund Manager Summary
The fund managers believe that ReadCloud Ltd presents a significant opportunity for growth, especially following its recent performance. In their opinion, the company’s quarterly revenue of $5.2 million and positive operating cash flow of $2 million highlight its potential for profitability. They note that ReadCloud’s focus on digital eLearning solutions for Secondary Schools and the Vocational Education and Training (VET) sectors positions it well in a growing market. Furthermore, the recent changes in management appear to have fostered a meaningful turnaround, which has contributed to the stock’s impressive increase of 28% in value. Overall, the fund managers express optimism about ReadCloud’s trajectory and its ability to capitalize on emerging educational trends.
Source: Trading View
Commentary From The Managers
Subscribe To Unlock
Date
Price
Summary
Unlock Recent Updates With ThesisTracker Pro
Don’t let information asymmetry undermine your investment returns. Join other engaged investors on ThesisTracker Pro.
Cyan Investment Management
31 Aug 2025
$0.09
Summary
- Cyan Investment Management continues to hold its position in ReadCloud Ltd.
- ReadCloud (RCL) experienced a share price decline of 14% without any negative news.
- The decline occurred on low trading volumes, indicating minimal impact on the company's fundamentals.
- Despite the recent drop, RCL's share price has increased by 19% year to date in 2025.
- Cyan believes the share price decline does not reflect the underlying health of the business.
Text:
Text:
Text:
Summary
-
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua, ut enim ad minim veniam.
-
Ut enim ad minim veniam, quis nostrud exercitation ullamco laboris nisi ut aliquip ex ea commodo consequat, sed ut perspiciatis unde omnis iste.
-
Duis aute irure dolor in reprehenderit in voluptate velit esse cillum dolore eu fugiat nulla pariatur, at vero eos et accusamus et iusto odio dignissimos.pedita.
Text:
Text:
Text:
Summary
-
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua, ut enim ad minim veniam.
-
Ut enim ad minim veniam, quis nostrud exercitation ullamco laboris nisi ut aliquip ex ea commodo consequat, sed ut perspiciatis unde omnis iste.
-
Duis aute irure dolor in reprehenderit in voluptate velit esse cillum dolore eu fugiat nulla pariatur, at vero eos et accusamus et iusto odio dignissimos.pedita.
Text:
Text:
Text:
Summary
-
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua, ut enim ad minim veniam.
-
Ut enim ad minim veniam, quis nostrud exercitation ullamco laboris nisi ut aliquip ex ea commodo consequat, sed ut perspiciatis unde omnis iste.
-
Duis aute irure dolor in reprehenderit in voluptate velit esse cillum dolore eu fugiat nulla pariatur, at vero eos et accusamus et iusto odio dignissimos.pedita.
Text:
Text:
Text:
Summary
-
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua, ut enim ad minim veniam.
-
Ut enim ad minim veniam, quis nostrud exercitation ullamco laboris nisi ut aliquip ex ea commodo consequat, sed ut perspiciatis unde omnis iste.
-
Duis aute irure dolor in reprehenderit in voluptate velit esse cillum dolore eu fugiat nulla pariatur, at vero eos et accusamus et iusto odio dignissimos.pedita.
Text:
Text:
Text:
Summary
-
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua, ut enim ad minim veniam.
-
Ut enim ad minim veniam, quis nostrud exercitation ullamco laboris nisi ut aliquip ex ea commodo consequat, sed ut perspiciatis unde omnis iste.
-
Duis aute irure dolor in reprehenderit in voluptate velit esse cillum dolore eu fugiat nulla pariatur, at vero eos et accusamus et iusto odio dignissimos.pedita.
Updates are made available to members within 12 hours in accordance with the ThesisTracker Pro Service Level Agreement.
Please note: The completeness, accuracy or current status of the investments referenced are not guaranteed.
Commentary From The Managers
Cyan Investment Management
31 Aug 2025
$0.09
- Cyan Investment Management continues to hold its position in ReadCloud Ltd.
- ReadCloud (RCL) experienced a share price decline of 14% without any negative news.
- The decline occurred on low trading volumes, indicating minimal impact on the company's fundamentals.
- Despite the recent drop, RCL's share price has increased by 19% year to date in 2025.
- Cyan believes the share price decline does not reflect the underlying health of the business.
Summary
Cyan Investment Management
31 May 2025
$0.13
- Cyan Investment Management highlights strong performance in ReadCloud's VET-in-schools courses, with revenue growth of 32%.
- Domestic Direct eBook sales also showed respectable growth of 10%.
- Underlying EBITDA increased by 73%, reaching $1.8 million.
- As of 31 March 2025, ReadCloud maintained a solid cash balance of $3.6 million.
- Overall, Cyan Investment Management continues to hold its position in ReadCloud due to these positive financial results.
Summary
Cyan Investment Management
31 Jan 2025
$0.09
- ReadCloud Ltd. is experiencing strong performance with notable growth in its VET-in-school products.
- Impressive take-up in new schools is anticipated to drive growth exceeding 25% this year.
- The cyclicality of school billing indicates that the next two quarters will yield the company's strongest cash flows.
- FY25 is forecasted to be ReadCloud’s most successful year to date, ending in September.
- Cyan Investment Management continues to hold a positive outlook on ReadCloud based on these growth indicators.
Summary
Cyan Investment Management
31 May 2024
$0.07
- ReadCloud Ltd specializes in digital learning solutions for secondary schools and the VET sector.
- Cyan Investment Management notes meaningful signs of a turnaround since new management was installed last year.
- The company reported its 1H24 earnings for the period ending 31 March 2024.
- Revenue increased by 13% to $8 million, demonstrating significant growth compared to prior years.
- A positive EBITDA of $1 million has been achieved, important for a company with a market cap of $8 million.
- ReadCloud holds no debt and has $3 million in cash, contributing to financial stability.
- Cyan Investment Management continues to hold its position based on these developments.
Summary
Cyan Investment Management
30 Apr 2024
$0.06
- ReadCloud (RCL) demonstrated strong performance with a +28% increase.
- Reported customer revenues of $5.2 million for the quarter.
- Achieved positive operating cash flow of $2 million.
- Specializes in providing digital eLearning solutions for Secondary Schools and the Vocational Education and Training (VET) sectors.
- Evidence of a significant turnaround following the installation of new management last year.
- Cyan Investment Management continues to hold a positive outlook on ReadCloud.
Summary
Please note: The completeness, accuracy or current status of the investments referenced are not guaranteed.
ANALYST INSIGHT
Equity Research Analyst
"With a 28% surge, it seems ReadCloud Ltd is not just bouncing back; it appears to be redefining its trajectory in the eLearning sector. The new management may have ignited a turnaround that investors should keep a close eye on."
Last Updated: 31 Aug 2025
Query The Data
Frequently Asked Questions
Who is investing in ReadCloud Ltd (ASX:RCL)?
Fund managers including Cyan Investment Management have invested in ReadCloud Ltd (ASX:RCL).
Why do fund managers invest in ReadCloud Ltd?
Fund managers are investing in ReadCloud Ltd due to its impressive quarterly performance, reporting customer revenues of $5.2 million and positive operating cash flow of $2 million. The company, which offers digital eLearning solutions for secondary schools and vocational education, has demonstrated a significant turnaround under new management, making it an attractive investment opportunity.
What happened to ReadCloud Ltd (ASX:RCL)?
Fund managers, including Cyan Investment Management, view ReadCloud Ltd as a resilient investment despite recent share price fluctuations. The decline in share price to approximately $0.09 was attributed to low trading volumes rather than negative business performance. Year-to-date, the stock has shown a 19% increase, indicating strong underlying business health and potential for future growth.