ReadCloud Future Growth
Future criteria checks 4/6
ReadCloud is forecast to grow earnings and revenue by 89.9% and 13.7% per annum respectively. EPS is expected to grow by 89.7% per annum. Return on equity is forecast to be 2.6% in 3 years.
Key information
89.9%
Earnings growth rate
89.7%
EPS growth rate
| Software earnings growth | 28.0% |
| Revenue growth rate | 13.7% |
| Future return on equity | 2.6% |
| Analyst coverage | Low |
| Last updated | 30 Oct 2024 |
Recent future growth updates
Recent updates
Earnings and Revenue Growth Forecasts
| Date | Revenue | Earnings | Free Cash Flow | Cash from Op | Avg. No. Analysts |
|---|---|---|---|---|---|
| 9/30/2027 | 18 | 2 | N/A | 3 | 1 |
| 9/30/2026 | 16 | 1 | 2 | 2 | 1 |
| 9/30/2025 | 14 | 0 | 1 | 1 | 1 |
| 9/30/2024 | 12 | -1 | 1 | 1 | 1 |
| 3/31/2024 | 11 | -2 | 0 | 0 | N/A |
| 12/31/2023 | 11 | -2 | -1 | 0 | N/A |
| 9/30/2023 | 10 | -2 | -1 | 0 | N/A |
| 6/30/2023 | 9 | -3 | -2 | -1 | N/A |
| 3/31/2023 | 8 | -3 | -2 | -1 | N/A |
| 12/31/2022 | 8 | -2 | -2 | -1 | N/A |
| 9/30/2022 | 8 | -2 | -2 | -1 | N/A |
| 6/30/2022 | 9 | -1 | -1 | 0 | N/A |
| 3/31/2022 | 9 | -1 | 0 | 1 | N/A |
| 12/31/2021 | 8 | -1 | -1 | 0 | N/A |
| 9/30/2021 | 7 | -2 | -1 | 0 | N/A |
| 6/30/2021 | 7 | -1 | -1 | 0 | N/A |
| 3/31/2021 | 7 | -1 | -1 | 0 | N/A |
| 12/31/2020 | 7 | -1 | -1 | 0 | N/A |
| 9/30/2020 | 7 | -1 | -1 | 0 | N/A |
| 6/30/2020 | 7 | -1 | -1 | 0 | N/A |
| 3/31/2020 | 6 | -1 | -1 | -1 | N/A |
| 12/31/2019 | 5 | -2 | -1 | -1 | N/A |
| 9/30/2019 | 5 | -2 | -1 | -1 | N/A |
| 6/30/2019 | 4 | -2 | -1 | 0 | N/A |
| 3/31/2019 | 4 | -2 | -2 | -1 | N/A |
| 12/31/2018 | 3 | -2 | -2 | -1 | N/A |
| 9/30/2018 | 2 | -2 | -2 | -1 | N/A |
| 6/30/2018 | 2 | -1 | -1 | 0 | N/A |
| 3/31/2018 | 2 | -1 | -1 | 0 | N/A |
| 12/31/2017 | 1 | 0 | N/A | 0 | N/A |
| 9/30/2017 | 1 | 0 | N/A | 0 | N/A |
| 6/30/2017 | 1 | 0 | N/A | 0 | N/A |
| 6/30/2016 | 0 | 0 | N/A | 0 | N/A |
| 6/30/2015 | 0 | 0 | N/A | 0 | N/A |
| 6/30/2014 | 0 | 0 | N/A | 0 | N/A |
Analyst Future Growth Forecasts
Earnings vs Savings Rate: RCL is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (2.6%).
Earnings vs Market: RCL is forecast to become profitable over the next 3 years, which is considered above average market growth.
High Growth Earnings: RCL is expected to become profitable in the next 3 years.
Revenue vs Market: RCL's revenue (13.7% per year) is forecast to grow faster than the Australian market (5.7% per year).
High Growth Revenue: RCL's revenue (13.7% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: RCL's Return on Equity is forecast to be low in 3 years time (2.6%).