Financials data is unavailable for this security.
View more
Year on year ReadCloud Ltd had net income fall 36.91% from a loss of 1.64m to a larger loss of 2.25m despite a 26.27% increase in revenues from 8.21m to 10.37m. An increase in the selling, general and administrative costs as a percentage of sales from 66.35% to 73.85% was a component in the falling net income despite rising revenues.
Gross margin | 60.03% |
---|---|
Net profit margin | -26.00% |
Operating margin | -28.73% |
Return on assets | -16.74% |
---|---|
Return on equity | -24.75% |
Return on investment | -22.35% |
More ▼
Cash flow in AUDView more
In 2023, cash reserves at ReadCloud Ltd fell by 757.98k. Cash Flow from Financing totalled 946.57k or 9.13% of revenues. In addition the company used 386.05k for operations while cash used for investing totalled 1.32m.
Cash flow per share | -0.0118 |
---|---|
Price/Cash flow per share | -- |
Book value per share | 0.0695 |
---|---|
Tangible book value per share | 0.0089 |
More ▼
Balance sheet in AUDView more
Current ratio | 1.30 |
---|---|
Quick ratio | -- |
Total debt/total equity | 0.0157 |
---|---|
Total debt/total capital | 0.0154 |
More ▼