Readcloud Ltd (RCL) - Net Assets

Latest as of September 2025: AU$9.08 Million AUD ≈ $6.43 Million USD

Based on the latest financial reports, Readcloud Ltd (RCL) has net assets worth AU$9.08 Million AUD (≈ $6.43 Million USD) 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 ≈ $8.20 Million USD) and total liabilities (AU$2.50 Million ≈ $1.77 Million USD). 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. Check how strategically is Readcloud Ltd's equity deployed to assess the company's strategic physical and investment asset allocation.

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. For live market cap and overall valuation, see Readcloud Ltd (RCL) total market value.

Annual Net Assets for Readcloud Ltd (2015–2025)

The table below shows the annual net assets of Readcloud Ltd from 2015 to 2025. Also explore Readcloud Ltd net asset momentum to track the company's year-over-year net asset growth rate.

Year	Net Assets	Change
2025-06-30	AU$9.08 Million ≈ $6.43 Million	+3.45%
2024-06-30	AU$8.78 Million ≈ $6.21 Million	-9.21%
2023-06-30	AU$9.67 Million ≈ $6.84 Million	-3.41%
2022-06-30	AU$10.01 Million ≈ $7.08 Million	-21.35%
2021-06-30	AU$12.73 Million ≈ $9.01 Million	+63.23%
2020-06-30	AU$7.80 Million ≈ $5.52 Million	+46.26%
2019-06-30	AU$5.33 Million ≈ $3.77 Million	-13.15%
2018-06-30	AU$6.14 Million ≈ $4.34 Million	-2.17%
2017-06-30	AU$6.28 Million ≈ $4.44 Million	+880.59%
2016-06-30	AU$640.01K ≈ $452.85K	+286.93%
2015-06-30	AU$165.41K ≈ $117.04K	--

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
Sonim Technologies Inc NASDAQ:SONM	$6.53 Million
Eastern International Ltd. NASDAQ:ELOG	$6.54 Million
Avenir Telecom S.A PA:AVT	$6.55 Million
Pipe Works L. Girakian Profil S.A. AT:PROFK	$6.55 Million
PEREGRINE GOLD LTD F:9VA	$6.52 Million
Skin Elements Ltd AU:SKN	$6.52 Million
Mountain Lake Acquisition Corp. Right NASDAQ:MLACR	$6.51 Million
BHB Brauholding Bayern-Mitte AG F:B9B	$6.51 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: 1.00x
The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.

Historical Price-to-Book Ratios

Date	Book Value per Share	Market Price	P/B Ratio
2014-06-30	AU$0.00	AU$0.06	x
2015-06-30	AU$0.00	AU$0.06	x
2016-06-30	AU$0.01	AU$0.06	x
2017-06-30	AU$0.08	AU$0.06	x
2018-06-30	AU$0.10	AU$0.06	x
2019-06-30	AU$0.06	AU$0.06	x
2020-06-30	AU$0.08	AU$0.06	x
2021-06-30	AU$0.11	AU$0.06	x
2022-06-30	AU$0.11	AU$0.06	x
2023-06-30	AU$0.08	AU$0.06	x
2024-06-30	AU$0.06	AU$0.06	x
2025-06-30	AU$0.06	AU$0.06	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: $13,979,200
Average return on equity (ROE) among peers: -56.59%

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	$6.52 Million
One Click Group Ltd (1CG)	$2.94 Million	-67.27%	0.54x	$8.32 Million
Thrive Tribe Technologies Ltd (1TT)	$1.36 Million	-159.28%	0.24x	$3.36 Million
Ordinary Fully Paid Deferred Settlement (1TTDB)	$1.36 Million	-159.28%	0.24x	$20.90
LIFE360 Inc (360)	$95.10 Million	-27.26%	0.18x	$3.33 Billion
Pointerra Ltd (3DP)	$3.29 Million	-81.29%	1.33x	$15.49 Million
8COMMON Ltd (8CO)	$5.92 Million	-22.85%	0.35x	$4.48 Million
Aeeris Ltd (AER)	$2.20 Million	-8.47%	0.32x	$3.83 Million
Aerometrex Ltd (AMX)	$17.84 Million	-36.81%	2.42x	$18.15 Million
Assetowl Ltd (AO1)	$7.81 Million	-2.31%	0.07x	$1.38 Million
Bridge Saas Ltd (BGE)	$1.96 Million	-1.09%	0.41x	$1.27 Million

About Readcloud Ltd

AU:RCL Australia Software - Application

Market Cap

$6.52 Million

AU$9.22 Million AUD

Market Cap Rank

#28147 Global

#1449 in Australia

Share Price

AU$0.06

Change (1 day)

+0.00%

52-Week Range

AU$0.05 - AU$0.12

All Time High

AU$0.75