Cleartronic, Inc.
Cleartronic, Inc. is a U.S.-based communications software and hardware company whose operations run through its subsidiary ReadyOp Communications. It sells the ReadyOp and ReadyMed web-based platforms, along with AudioMate IP gateways, to customers that need secure planning, emergency response, and radio interoperability tools.
Fiscal year 2025 · change from previous year
Development 2020–2025
Business
Share of revenueAnnual and multi-year SaaS subscriptions for ReadyOp and ReadyMed platforms.
AudioMate IP gateways and related integrated hardware sold for radio interoperability.
Customer-specific development, consulting fees, and related income tied to platform work.
Ongoing hosting, support, and service components recognized over the contract term.
Customers
Cleartronic sells primarily to organizations that need secure communications, incident management, and operational coordination. Its customer base includes government agencies, schools, utilities, hospitals, and healthcare-related organizations that value a lower-cost alternative to larger emergency communications platforms.
Buy ReadyOp subscriptions for planning, incident response, and operational coordination.
Buy ReadyMed or ReadyOp-branded secure communications for clinical and administrative workflows.
Use the platform for emergency response, communications, and daily operations management.
Use ReadyOp to coordinate field operations and incident handling across dispersed teams.
Buy software subscriptions and related services for internal communications and planning.
Strategy
Cleartronic is focused on expanding ReadyOp and ReadyMed subscriptions while integrating Alastar capabilities into the core platform. It is also using AudioMate gateways as a complementary product to strengthen radio interoperability and broaden the value proposition for public-safety and operations customers.
Subscription revenue is the core business and improves predictability versus one-time hardware sales.
Combining Alastar and gateway functionality into ReadyOp can increase customer value and market size.
The company competes against larger emergency communications platforms by offering lower pricing and specialized functionality.
Geography
The company is headquartered in the United States and its disclosed operations are centered in Florida through Cleartronic and ReadyOp Communications. The filings do not provide a country-by-country revenue split, but the customer base described in the reports is predominantly U.S. public-sector and domestic commercial users.
Risks
Cleartronic depends on a small set of products and on continued adoption of its SaaS platforms, so execution risk is concentrated. The business also faces technology obsolescence, competition from larger emergency communications vendors, and operational risk from contract manufacturing and government sales cycles.
The market changes quickly and new standards or features could reduce demand for existing products.
Larger or better-known platforms may win deals if customers prefer broader functionality or brand recognition.
Exposure: Emergency communications and operations software
AudioMate production relies on third parties for components, assembly, and delivery timing.
Exposure: Hardware availability and margins
Sales to government entities can involve long cycles, compliance requirements, and budget uncertainty.
Exposure: Public-sector customer base
The company carries receivables and records allowances for doubtful accounts, indicating collection uncertainty.
Exposure: Subscription and services receivables
Accounting
Judgemental itemsDifferent performance obligations are recognized at different times, affecting quarterly revenue mix.
Impact: Software, hosting, hardware, and consulting revenue timing
Annual and multi-year contracts create timing differences between cash receipts and revenue recognition.
Impact: Reported revenue and operating cash flow
Management estimates collectability based on customer history and current conditions.
Impact: Bad debt expense and receivables valuation
The company recorded an impairment loss in 2024, showing sensitivity to recoverability assumptions.
Impact: Non-cash charges and equity
Commissions are capitalized and expensed as related revenue is recognized.
Impact: Sales expense timing and margin presentation
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Last updated: 28/04/2026