ReadCloud (ASX:RCL) Gross-Profit-to-Asset % : 26.84% (As of Sep. 2023)

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What is ReadCloud Gross-Profit-to-Asset %?

Gross-Profit-to-Asset % is calculated as Gross Profit divided by its average Total Assets over a certain period of time. ReadCloud's annualized Gross Profit for the quarter that ended in Sep. 2023 was A$4.16 Mil. ReadCloud's average Total Assets over the quarter that ended in Sep. 2023 was A$15.49 Mil. Therefore, ReadCloud's annualized Gross-Profit-to-Asset % for the quarter that ended in Sep. 2023 was 26.84%.

ReadCloud Gross-Profit-to-Asset % Historical Data

The historical data trend for ReadCloud's Gross-Profit-to-Asset % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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ReadCloud Gross-Profit-to-Asset % Chart

ReadCloud Annual Data

Trend

Jun17

Jun18

Jun19

Jun20

Jun21

Sep22

Sep23

Gross-Profit-to-Asset %

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58.01

82.51

57.88

58.72

79.12

ReadCloud Semi-Annual Data
	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Mar22	Sep22	Mar23	Sep23
Gross-Profit-to-Asset %	Get a 7-Day Free Trial						48.97	86.28	-	114.13	26.84

Competitive Comparison of ReadCloud's Gross-Profit-to-Asset %

For the Software - Application subindustry, ReadCloud's Gross-Profit-to-Asset %, along with its competitors' market caps and Gross-Profit-to-Asset % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

ReadCloud's Gross-Profit-to-Asset % Distribution in the Software Industry

For the Software industry and Technology sector, ReadCloud's Gross-Profit-to-Asset % distribution charts can be found below:

* The bar in red indicates where ReadCloud's Gross-Profit-to-Asset % falls into.

ReadCloud Gross-Profit-to-Asset % Calculation

ReadCloud's annualized Gross-Profit-to-Asset % for the fiscal year that ended in Sep. 2023 is calculated as:

Gross-Profit-to-Asset %	=	Gross Profit (A: Sep. 2023 )	/	( (Total Assets (A: Sep. 2022 )	+	Total Assets (A: Sep. 2023 ))	/ count )
	=	10.349	/	( (12.078	+	14.081)	/ 2 )
	=	10.349	/	13.0795
	=	79.12 %

ReadCloud's annualized Gross-Profit-to-Asset % for the quarter that ended in Sep. 2023 is calculated as:

Gross-Profit-to-Asset %	=	Gross Profit (Q: Sep. 2023 )	/	( (Total Assets (Q: Mar. 2023 )	+	Total Assets (Q: Sep. 2023 ))	/ count )
	=	4.158	/	( (16.904	+	14.081)	/ 2 )
	=	4.158	/	15.4925
	=	26.84 %

In the calculation of annual Gross-Profit-to-Asset %, the Gross Profit of the last fiscal year and the average total assets over the fiscal year are used. In calculating the quarterly data, the Gross Profit data used here is two times the semi-annual (Sep. 2023) data. Gross-Profit-to-Asset % is displayed in the 30-year financial page.

ReadCloud Gross-Profit-to-Asset % Related Terms

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ReadCloud (ASX:RCL) Business Description

Industry

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Address

126 Church Street, Level 1, Brighton, VIC, AUS, 3186

Website

https://www.readcloud.com

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.