Explore 3 Stock Ideas & Industry Insights Download Free Report

Readytech Holdings Ltd

Company price
1.24 AUD -0.11 ( 8.15%)
Last update at 2026-11-06T05:00:00Z
VOLUME
7158
Market Cap
156.31M

Momentum Score

…

ReadyTech Holdings Limited provides technology-based solutions in Australia and New Zealand, the United Kingdom, and the United States of America. It operates through three segments: Education and Work Pathways, Workforce Solutions, and Government and Justice. The Education and Work Pathways segment offers cloud-based student and learning management systems for education and training providers to manage the student lifecycle from student enrolment to course completion. This segment also provides platforms to help state governments to manage vocational education and training programs; software platforms for the pathways and back-to-work sector to manage apprentices and jobseekers; and competency assessment and skills profiling tools to track on-the-job training through a qualification. The Workforce Solutions segment offers payroll software, outsourced payroll services, human resource management, and recruitment software solutions to employers to assist with payroll and management of their employees. This segment also provides human resource (HR) administration and talent management services, such as employee records, workplace health and safety, and organizational structure. The Government and Justice segment offers government and justice case management software as a service solution to local and state governments, and justice departments; and provides asset management, property, licensing and compliance, finance, HR and payroll, customer management, and courts and justice products. The company also offers training, consultancy and other services. ReadyTech Holdings Limited was founded in 1998 and is headquartered in Sydney, Australia.

Source: TradingView
The charts and visual representations are sourced from TradingView through embedded widgets. For any issues with chart display, please visit the TradingView website

Day Price Range
1.24
Low
1.35
High
52 Week Price Range
1.10
Low
2.72
High

Momentum Score

…
Loading momentum score…

A unique technical analysis driven score developed by Kalkine showing momentum in stock prices based on select technical indicators identified.

Score - Rating
>= 1 - Low / > 1 but < 2 - Below Average / > 2 but < 3 - Average / > 3 but < 4 - Above Average / > 4 - High
AI Summary

Readytech Holdings is an Australian cloud-software company that supplies subscription-based administration and compliance platforms for vocational education providers and for property and community tenancy management. Long-term growth drivers include increased digitisation of administrative and compliance processes, recurring SaaS revenue, cross-selling opportunities across product lines and international expansion potential, which may benefit revenue visibility and margins.

Key risks include sensitivity to regulatory changes in vocational education funding and policy, competition from larger software vendors, and execution risk from integrations and customer retention.

Risk Score
Medium

Note: The summary and risk score provided above is created by AI and should not be construed as a recommendation of Kalkine.

Key Metrics*

Previous Close
1.35
Dividend Yield
-
Revenue TTM
125.01M
Revenue Per Share
1.01
Gross Profit TTM
39.91M
Debt / Equity
0.47
ROE
-3.54%
Net Debt
36.01M
ROCE
1.78%
Diluted EPS TTM
-0.04

Key Financials*

Income Statement

Balance Sheet

Change in Cash

Total Operating Cash

Dividends Paid

Breakdown 2026-06-30 2025-06-30 2024-06-30 2023-06-30 2022-06-30
Type yearly yearly yearly yearly yearly
Date 2026-06-30 2025-06-30 2024-06-30 2023-06-30 2022-06-30
Income before tax -6.39M -14.79M 6.41M 6.80M 11.62M
Net income -4.88M -16.14M 5.46M 4.97M 8.79M
Selling general administrative - 66.12M 63.03M 61.17M 43.27M
Selling and marketing expenses - 1.42M 1.29M 1.09M 0.54M
Gross profit 13.27M 114.19M 41.92M 95.06M 73.60M
Reconciled depreciation - 26.55M 22.86M 17.27M 14.08M
Ebit 3.55M -11.62M 9.45M 9.13M 16.94M
Ebitda 34.23M 14.93M 32.31M 26.41M 31.02M
Depreciation and amortization 30.68M 26.55M 22.86M 17.27M 14.08M
Operating income 3.55M 8.38M 14.15M 9.35M 11.01M
Other operating expenses 121.46M 113.45M 79.37M 41.49M 27.69M
Interest expense 3.80M 3.44M 3.31M 2.34M 0.94M
Tax provision - 1.35M 0.95M 1.82M 2.83M
Interest income - 0.01M 0.03M 2.55M 1.04M
Net interest income - -3.43M -3.28M -2.55M -1.04M
Income tax expense -1.51M 1.35M 0.95M 1.82M 2.83M
Total revenue 125.01M 121.84M 113.80M 103.31M 78.28M
Total operating expenses 9.71M 105.81M 6.93M 85.72M 62.59M
Cost of revenue 111.75M 7.64M 71.88M 8.24M 4.68M
Total other income expense net -9.95M -23.17M -7.74M -2.55M 1.65M
Net income from continuing ops - -16.14M 5.46M 4.97M 8.79M
Net income applicable to common shares - -16.14M 5.46M 4.97M 8.79M
Breakdown 2026-06-30 2025-06-30 2024-06-30 2023-06-30 2022-06-30
Type yearly yearly yearly yearly yearly
Date 2026-06-30 2025-06-30 2024-06-30 2023-06-30 2022-06-30
Total assets 255.42M 250.38M 261.43M 259.28M 185.97M
Intangible assets 79.25M 88.80M - 87.15M 61.85M
Other current assets 2.53M 3.66M 2.24M 1.49M 1.38M
Total liab 120.72M 108.88M 110.22M 131.03M 87.80M
Total stockholder equity 134.70M 141.50M 151.21M 128.25M 98.17M
Deferred long term liab - - - 2.02M 2.12M
Other current liab 23.54M 26.30M 34.86M 29.71M 31.95M
Common stock 221.88M - 211.83M 194.29M 171.92M
Capital stock - 221.88M - 194.29M 171.92M
Retained earnings -3.12M 1.76M 17.90M 12.44M 7.46M
Other liab - - - 30.20M 2.21M
Good will 111.59M 112.51M 125.33M 125.36M 88.78M
Other assets - - - 2.02M 7.82M
Cash 27.47M 19.70M 21.87M 20.62M 9.20M
Total current liabilities 55.49M 46.73M 62.54M 49.95M 49.43M
Current deferred revenue 27.60M - 23.64M 15.45M 14.57M
Net debt 36.01M 36.24M 25.20M 31.49M 28.14M
Short term debt 1.27M - 1.51M 1.23M 1.18M
Short long term debt total 63.48M - 47.06M 52.11M 37.34M
Other stockholder equity - - - -206.73M -179.38M
Property plant equipment - - - 7.01M 4.19M
Total current assets 46.96M 37.64M 41.11M 37.73M 23.32M
Net tangible assets - - - -84.26M -52.47M
Short term investments - - - 0.08M 0.14M
Net receivables 16.96M 12.20M 17.00M 10.43M 11.38M
Long term debt - 55.94M - 46.95M 33.95M
Inventory - - - 5.20M 1.35M
Accounts payable 3.08M 3.03M 2.54M 3.56M 1.74M
Accumulated other comprehensive income -84.05M - -78.53M -78.48M -81.21M
Non currrent assets other 0.72M 1.31M 1.80M 2.02M 2.12M
Non current assets total 208.46M 212.74M 220.32M 221.55M 162.65M
Capital lease obligations - 4.54M - 5.16M 3.39M
Long term debt total - - - 50.88M 36.16M
Breakdown 2026-06-30 2025-06-30 2024-06-30 2023-06-30 2022-06-30
Type yearly yearly yearly yearly yearly
Date 2026-06-30 2025-06-30 2024-06-30 2023-06-30 2022-06-30
Investments - -38.54M -23.67M -27.78M -21.29M
Change to liabilities - - - -1.51M -3.97M
Total cashflows from investing activities -19.20M -38.54M -23.67M -27.78M -21.29M
Net borrowings - 14.00M -5.00M 11.39M 1.51M
Total cash from financing activities 2.39M 12.31M -6.67M 11.39M 1.49M
Change to operating activities - - - -0.77M 0.29M
Net income -4.88M -16.14M 5.46M 4.97M 8.79M
Change in cash 7.77M -2.17M 1.25M 11.41M -2.79M
Begin period cash flow 19.70M 21.87M 20.62M 9.20M 11.99M
End period cash flow 27.47M 19.70M 21.87M 20.62M 9.20M
Total cash from operating activities 24.58M 24.06M 31.59M 27.81M 17.00M
Depreciation 30.68M - 22.86M 6.73M 5.25M
Other cashflows from investing activities -0.42M -33.70M -17.92M -8.08M -1.03M
Change to account receivables -0.06M 0.60M -2.11M 8.00M -3.61M
Sale purchase of stock - - - - -0.02M
Other cashflows from financing activities -1.57M -1.69M -1.67M 11.39M 3.31M
Change to netincome - - - 5.21M 0.68M
Capital expenditures 0.20M 20.03M 18.34M 20.28M 13.64M
Change in working capital -3.51M -8.55M -2.31M 8.00M -3.61M
Stock based compensation - - - 3.22M 1.46M
Other non cash items 2.29M 32.61M 5.58M 16.10M 2.96M
Free cash flow 24.38M 4.03M 13.26M 7.53M 3.36M

Peer Comparison*

Sector: Technology Industry: Software - Application

Stock Name
Change
(AUD)
Price
(AUD)
Trailing
PE (x)
Forward
PE (x)
Price Sales
TTM (x)
Price to Book Value (x)
Enterprise Value
to Revenue (x)
Enterprise Value
to EBITDA (x)
RDY
Readytech Holdings Ltd
-0.11
8.15%
1.24 - 20.62 1.25 1.23 1.61 7.23
WTC
Wisetech Global Ltd
-0.35
0.78%
44.49 56.76 27.86 10.80 5.09 8.44 29.47
XRO
Xero Ltd
-0.12
0.17%
70.74 - 57.14 4.53 2.46 4.90 15.19
TNE
Technology One Ltd
-0.51
1.54%
32.65 77.12 53.48 17.20 24.08 16.02 36.25
360
LIFE360 Inc
-0.42
1.84%
22.45 24.04 42.37 9.55 5.97 6.09 136.92

Profile*

Readytech Holdings Ltd

ReadyTech Holdings Limited provides technology-based solutions in Australia and New Zealand, the United Kingdom, and the United States of America. It operates through three segments: Education and Work Pathways, Workforce Solutions, and Government and Justice. The Education and Work Pathways segment offers cloud-based student and learning management systems for education and training providers to manage the student lifecycle from student enrolment to course completion. This segment also provides platforms to help state governments to manage vocational education and training programs; software platforms for the pathways and back-to-work sector to manage apprentices and jobseekers; and competency assessment and skills profiling tools to track on-the-job training through a qualification. The Workforce Solutions segment offers payroll software, outsourced payroll services, human resource management, and recruitment software solutions to employers to assist with payroll and management of their employees. This segment also provides human resource (HR) administration and talent management services, such as employee records, workplace health and safety, and organizational structure. The Government and Justice segment offers government and justice case management software as a service solution to local and state governments, and justice departments; and provides asset management, property, licensing and compliance, finance, HR and payroll, customer management, and courts and justice products. The company also offers training, consultancy and other services. ReadyTech Holdings Limited was founded in 1998 and is headquartered in Sydney, Australia.

77 King Street, Sydney, NSW, Australia, 2000

61 2 9018 5525

Name Title Year Born
Mr. Marc Raymond Washbourne Co-Founder, CEO & Exec. Director NA
Mr. Nimesh Shah CFO & Joint Company Sec. NA
Mr. Tony Jones Head of Delivery - Education & Pathways NA
Mr. Sam Giffney Chief Information Officer NA
Ms. Jess Griffin Chief People Officer NA
Mr. Daniel Wyner Chief Exec. of Workforce Solutions NA
Mr. Michael Benyon Head of Revenue - Workforce Solutions NA
Ms. Amanda Palmer Head of Service Operations - Workforce Solutions NA
Mr. James Diamond Chief Exec. of Education & Work Pathways NA
Mr. Chris Smith Head of Strategy & Innovation - Education and Pathways NA

Disclaimer - (*)This information, including any data, is sourced from Unicorn Data Services SAS, trading as EOD Historical Data (“EODHD”) on an ‘as is’ basis, using their API. We cannot guarantee the completeness or validity of the information and data provided on this page, as well as via the API. In some cases, the data may include analyst ratings or recommendations sourced through the EODHD API, which are intended solely for general information purposes.
This information does not consider your personal objectives, financial situation, or needs. Kalkine is not liable for any errors or omissions in the information provided or for any actions taken in reliance on it. You should seek advice from a financial adviser, stockbroker or other professional adviser (including taxation and legal advice) as necessary before acting on this information.

Support

Hi! How can we help you today?

Loading…