Slide 1: Chairman's Presentation to Annual General Meeting
For personal use only ReadCloud Limited Chairman’s Presentation to Annual General Meeting 13 February 2023
Slide 2: Virtual AGM Access
For personal use only Virtual AGM Access A live webcast of the ReadCloud Annual General Meeting is available via https://us06web.zoom.us/webinar/register/WN_ZIx_e-f5TCujITacmkVmxg The AGM will commence at 11.00am AEDT on Monday, 13 February 2023. 2
Slide 3: ReadCloud is a Market Leader in Digital Content Delivery for Education in Australia
For personal use only READCLOUD IS A MARKET LEADER IN DIGITAL CONTENT DELIVERY • ReadCloud platform is now used by over 600* FOR EDUCATION IN AUSTRALIA schools and educational institutions We deliver eBooks Solutions to schools, VET-in- Schools and post-secondary training and assessments digitally A
Slide 4: FY22 Overview
FY22 OVERVIEW For personal use only Revenue $8.21 million, up 17.5% on pcp Record cash receipts of $7.88 million (versus $7.20 million pcp) Agreement to acquire Southern Solutions Training Services, a leading provider of training for certificates in Early Childhood Education & Care Execution of firs
Slide 5: VET in Schools Investment Setting: The Path for Continued Growth
VET IN SCHOOLS INVESTMENT SETTING THE PATH FOR CONTINUED GROWTH For personal use only Standardisation of operational systems and processes across the three Registered Training Organisations (“RTOs”) Hiring of a dedicated ReadCloud VET Group sales team A national marketing launch of the ReadCloud VET
Slide 6: ReadCloud's Market Opportunity
READCLOUD’S MARKET OPPORTUNITY For personal use only 241,000 3.9 million students 1.7 million students in students in enrolled in VET 2,816 secondary VET-in-school courses with 3,519 schools in Australia2 courses1 training providers in Australia Continued Investment Increased Investment New Investme
Slide 7: Trading Update & Outlook
TRADING UPDATE & OUTLOOK For personal use only Growth in organic revenue for FY23 expected to be achieved December quarter cash receipts from customers shows an encouraging increase on the prior comparable period VET in schools growth is expected to ramp in FY23 with 28% of the three ReadCloud RTO’s