Readcloud Ltd
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 … Read more
Readcloud Ltd (RCL) - Net Assets
Latest net assets as of September 2025: AU$9.08 Million AUD
Based on the latest financial reports, Readcloud Ltd (RCL) has net assets worth AU$9.08 Million AUD as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (AU$11.58 Million) and total liabilities (AU$2.50 Million). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | AU$9.08 Million |
| % of Total Assets | 78.42% |
| Annual Growth Rate | 49.26% |
| 5-Year Change | -28.65% |
| 10-Year Change | 1319.24% |
| Growth Volatility | 267.03 |
Readcloud Ltd - Net Assets Trend (2015–2025)
This chart illustrates how Readcloud Ltd's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Readcloud Ltd (2015–2025)
The table below shows the annual net assets of Readcloud Ltd from 2015 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-06-30 | AU$9.08 Million | +3.45% |
| 2024-06-30 | AU$8.78 Million | -9.21% |
| 2023-06-30 | AU$9.67 Million | -3.41% |
| 2022-06-30 | AU$10.01 Million | -21.35% |
| 2021-06-30 | AU$12.73 Million | +63.23% |
| 2020-06-30 | AU$7.80 Million | +46.26% |
| 2019-06-30 | AU$5.33 Million | -13.15% |
| 2018-06-30 | AU$6.14 Million | -2.17% |
| 2017-06-30 | AU$6.28 Million | +880.59% |
| 2016-06-30 | AU$640.01K | +286.93% |
| 2015-06-30 | AU$165.41K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Readcloud Ltd's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 1133166600.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (June 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | AU$20.47 Million | 225.37% |
| Other Comprehensive Income | AU$382.22K | 4.21% |
| Total Equity | AU$9.08 Million | 100.00% |
Readcloud Ltd Competitors by Market Cap
The table below lists competitors of Readcloud Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Xref Ltd
AU:XF1
|
$4.84 Million |
|
Redcastle Resources Ltd
AU:RC1
|
$4.84 Million |
|
Megachem (Thailand) Public Company Limited
BK:MGT
|
$4.84 Million |
|
Lanthanein Resources Ltd
AU:LNR
|
$4.84 Million |
|
Sun International Ltd
JSE:SUI
|
$4.83 Million |
|
Umang Dairies Limited
NSE:UMANGDAIRY
|
$4.83 Million |
|
Stardust Solar Holdings Inc.
V:SUN
|
$4.83 Million |
|
Austral Gold Limited
PINK:AGLDF
|
$4.83 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Readcloud Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 8,780,378 to 9,083,322, a change of 302,944 (3.5%).
- Net loss of 415,898 reduced equity.
- Share repurchases of 12,913 reduced equity.
- New share issuances of 596,628 increased equity.
- Other comprehensive income increased equity by 382,216.
- Other factors decreased equity by 247,089.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | AU$-415.90K | -4.58% |
| Share Repurchases | AU$12.91K | -0.14% |
| Share Issuances | AU$596.63K | +6.57% |
| Other Comprehensive Income | AU$382.22K | +4.21% |
| Other Changes | AU$-247.09K | -2.72% |
| Total Change | AU$- | 3.45% |
Book Value vs Market Value Analysis
This analysis compares Readcloud Ltd's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 1.36x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2014-06-30 | AU$0.00 | AU$0.08 | x |
| 2015-06-30 | AU$0.00 | AU$0.08 | x |
| 2016-06-30 | AU$0.01 | AU$0.08 | x |
| 2017-06-30 | AU$0.08 | AU$0.08 | x |
| 2018-06-30 | AU$0.10 | AU$0.08 | x |
| 2019-06-30 | AU$0.06 | AU$0.08 | x |
| 2020-06-30 | AU$0.08 | AU$0.08 | x |
| 2021-06-30 | AU$0.11 | AU$0.08 | x |
| 2022-06-30 | AU$0.11 | AU$0.08 | x |
| 2023-06-30 | AU$0.08 | AU$0.08 | x |
| 2024-06-30 | AU$0.06 | AU$0.08 | x |
| 2025-06-30 | AU$0.06 | AU$0.08 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Readcloud Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -4.58%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -3.29%
- • Asset Turnover: 1.09x
- • Equity Multiplier: 1.28x
- Recent ROE (-4.58%) is above the historical average (-13.66%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2014 | 0.00% | -353.95% | 0.00x | 0.00x | AU$-448.62K |
| 2015 | -58.67% | -54.97% | 0.24x | 4.53x | AU$-113.59K |
| 2016 | 19.29% | 37.19% | 0.27x | 1.90x | AU$59.46K |
| 2017 | 2.34% | 24.18% | 0.09x | 1.06x | AU$-480.52K |
| 2018 | -18.78% | -65.63% | 0.25x | 1.13x | AU$-1.77 Million |
| 2019 | -30.58% | -37.77% | 0.54x | 1.49x | AU$-2.16 Million |
| 2020 | -12.59% | -14.12% | 0.78x | 1.14x | AU$-1.76 Million |
| 2021 | -9.04% | -16.05% | 0.45x | 1.25x | AU$-2.42 Million |
| 2022 | -16.43% | -20.03% | 0.68x | 1.21x | AU$-2.65 Million |
| 2023 | -23.29% | -21.76% | 0.73x | 1.46x | AU$-3.22 Million |
| 2024 | -11.60% | -8.30% | 1.08x | 1.29x | AU$-1.90 Million |
| 2025 | -4.58% | -3.29% | 1.09x | 1.28x | AU$-1.32 Million |
Industry Comparison
This section compares Readcloud Ltd's net assets metrics with peer companies in the Software - Application industry.
Industry Context
- Industry: Software - Application
- Average net assets among peers: $16,854,589
- Average return on equity (ROE) among peers: -153.62%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Readcloud Ltd (RCL) | AU$9.08 Million | 0.00% | 0.28x | $4.83 Million |
| One Click Group Ltd (1CG) | $3.18 Million | -217.18% | 0.32x | $5.25 Million |
| Thrive Tribe Technologies Ltd (1TT) | $118.58K | -1191.23% | 2.04x | $300.18K |
| Pointerra Ltd (3DP) | $-405.80K | 0.00% | 0.00x | $12.42 Million |
| 8COMMON Ltd (8CO) | $6.31 Million | 6.08% | 0.27x | $1.47 Million |
| Adacel Tech Ltd (ADA) | $10.52 Million | 7.02% | 1.02x | $10.91 Million |
| Aeeris Ltd (AER) | $584.79K | -43.08% | 0.80x | $1.76 Million |
| Aerometrex Ltd (AMX) | $37.60 Million | -0.78% | 0.33x | $5.49 Million |
| Assetowl Ltd (AO1) | $2.71 Million | -52.24% | 0.05x | $577.74K |
| Bridge Saas Ltd (BGE) | $1.93 Million | -58.39% | 1.02x | $176.99K |
| Bravura Solutions Ltd (BVS) | $105.98 Million | 13.61% | 0.72x | $394.35 Million |