Slide 1: Investor Presentation | May 2018
Investor Presentation | May 2018
Slide 2: Disclaimer
Disclaimer This presentation has been prepared by ReadCloud Limited (“Readcloud”), based on information available as at the date of this presentation. The information in this presentation is provided in summary form and does not contain all information necessary to make an investment decision. This
Slide 3: Investment Overview
Investment Overview • ReadCloud is leading the transition to digital eLearning in Australian secondary schools • ReadCloud delivers the school curriculum, across all key platforms, integrated from publisher to student • Very strong start to the 2018 school year, with a significant increase in inboun
Slide 4: Corporate Summary
Corporate Summary ASX Code: RCL, RCLO Substantial Shareholders Share Price ( 14 May 2018) $0.30 Amity Agency Pty Ltd 17.5% Market capitalisation (@ 30 cents) $24.6m Thorney Group* 13.1% Shares on issue (listed) 43.7m Lars Lindstrom 7.9% Escrowed shares 38.2m Pollaers Family Trust 6.3% Options on iss
Slide 5: Q3 FY18 Highlights
Q3 FY18 Highlights • User number growth has accelerated, more than doubling in 9 months from 21,800 in FY17 to 50,200 in Q3 FY18, with the Company’s strongest ever sales pipeline leading into school year 2019 • Year to date revenue growth was strong with $1.7m in revenue from Ordinary activities in
Slide 6: ReadCloud is the complete Digital solution
ReadCloud is the complete Digital solution The ReadCloud platform is the complete solution for eLearning and management of all Digital Content. Fully integrated platform delivering a complete solution for schools, students, publishers and intermediaries Australian developed, all IP owned 100% 6
Slide 7: ReadCloud Benefits
ReadCloud Benefits Students Schools & Teachers • Australian Curriculum in one App • Automatically creates and synchronises students • Integrates digital content from multiple publishers and classes • Cross Platform • Automated provisioning of resources – detects • Operates on all hardware/operating
Slide 8: Market Opportunity
Market Opportunity • Global Market Education is a $5.8 trillion market, with Ed-tech representing just 2% (IBIS) • Australia 3.8 million students in over 10,000 primary and secondary schools ReadCloud’s immediate target market is 2,700 secondary schools with 1,600,000 students Of these targe
Slide 9: Increasing Market Penetration
Increasing Market Penetration • ReadCloud’s sales cycle has shortened significantly in 2018 compared to 2017 as ReadCloud’s platform becomes more widely known and accepted in key school communities • The shortening sales cycle is demonstrated by the sales process for two large schools who have come
Slide 10: Ongoing Platform Development
Ongoing Platform Development • Ongoing development during the quarter has delivered: – Deeper integration with school Learning Management Systems – Seamless access to a growing list of content providers • Several new features are well underway and will be released in time for the start of school yea
Slide 11: Outlook
Outlook • ReadCloud is experiencing its strongest level of inbound enquiries and has its strongest ever sales pipeline leading into school year 2019 • Significant investment in sales & marketing, development and support capabilities in 2018, more than doubled employee numbers to 14, and now with fiv
Slide 12: Investment Highlights
Investment Highlights • ReadCloud is the leading digital education solution for Australian schools, delivering clear educational benefits and saving schools and students money • Large market opportunity in Australia with an immediate target market of 2,700 secondary schools with 1.6 million students
Slide 13: ReadCloud Limited
ReadCloud Limited 1/426 Glenhuntly Rd Elsternwick VIC 3185 Contact: Lars Lindstrom CEO lars@readcloud.com