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ReadCloud (ASX:RCL) Allowance For Loans And Lease Losses


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What is ReadCloud Allowance For Loans And Lease Losses?

Allowance For Loans And Lease Losses only applies to banks.


ReadCloud (ASX:RCL) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Software » ReadCloud Ltd (ASX:RCL) » Definitions » Allowance For Loans And Lease Losses
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Address
126 Church Street, Level 1, Brighton, VIC, AUS, 3186
ReadCloud Ltd is an education technology company that offers digital e-learning solutions to secondary schools. The firm operates in two segments: eBook solutions, which is the key revenue driver, and Vocational Education and Training (VET). It provides software solutions, including eBooks, to schools within Australia. In addition, it also provides digital VET course materials and services to schools through its subsidiary Australian Institute of Education and Training Unit Trust, PKY Media Pty Ltd and Ripponlea Institute Pty Ltd, which offers over 40 VET courses and services to schools across Australia.