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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.
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A unique technical analysis driven score developed by Kalkine showing momentum in stock prices based on select technical indicators identified.
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.
Note: The summary and risk score provided above is created by AI and should not be construed as a recommendation of Kalkine.
| 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 |
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 |
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.
| 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 |
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