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ReadyTech Holdings ASX:RDY Stock Report

Last Price

AU$2.98

Market Cap

AU$345.0m

7D

1.0%

1Y

-14.9%

Updated

21 Nov, 2024

Data

Company Financials +

ReadyTech Holdings Limited

ASX:RDY Stock Report

Market Cap: AU$345.0m

ReadyTech Holdings Limited Competitors

Price History & Performance

Summary of all time highs, changes and price drops for ReadyTech Holdings
Historical stock prices
Current Share PriceAU$2.98
52 Week HighAU$3.79
52 Week LowAU$2.72
Beta0.99
11 Month Change3.83%
3 Month Change-3.56%
1 Year Change-14.86%
33 Year Change-16.99%
5 Year Change72.01%
Change since IPO67.42%

Recent News & Updates

Recent updates

ReadyTech Holdings Limited (ASX:RDY) Shares Could Be 33% Below Their Intrinsic Value Estimate

Jun 25
ReadyTech Holdings Limited (ASX:RDY) Shares Could Be 33% Below Their Intrinsic Value Estimate

Is ReadyTech Holdings (ASX:RDY) Using Too Much Debt?

Nov 04
Is ReadyTech Holdings (ASX:RDY) Using Too Much Debt?

Why ReadyTech Holdings Limited (ASX:RDY) Could Be Worth Watching

May 26
Why ReadyTech Holdings Limited (ASX:RDY) Could Be Worth Watching

I Ran A Stock Scan For Earnings Growth And ReadyTech Holdings (ASX:RDY) Passed With Ease

May 09
I Ran A Stock Scan For Earnings Growth And ReadyTech Holdings (ASX:RDY) Passed With Ease

Are Investors Undervaluing ReadyTech Holdings Limited (ASX:RDY) By 48%?

Mar 30
Are Investors Undervaluing ReadyTech Holdings Limited (ASX:RDY) By 48%?

ReadyTech Holdings (ASX:RDY) Shareholders Have Enjoyed A 36% Share Price Gain

Mar 15
ReadyTech Holdings (ASX:RDY) Shareholders Have Enjoyed A 36% Share Price Gain

Alternate Non-Executive Director Mark Summerhayes Just Bought A Handful Of Shares In ReadyTech Holdings Limited (ASX:RDY)

Feb 23
Alternate Non-Executive Director Mark Summerhayes Just Bought A Handful Of Shares In ReadyTech Holdings Limited (ASX:RDY)

Are ReadyTech Holdings' (ASX:RDY) Statutory Earnings A Good Guide To Its Underlying Profitability?

Feb 14
Are ReadyTech Holdings' (ASX:RDY) Statutory Earnings A Good Guide To Its Underlying Profitability?

Should Weakness in ReadyTech Holdings Limited's (ASX:RDY) Stock Be Seen As A Sign That Market Will Correct The Share Price Given Decent Financials?

Jan 10
Should Weakness in ReadyTech Holdings Limited's (ASX:RDY) Stock Be Seen As A Sign That Market Will Correct The Share Price Given Decent Financials?

What Kind Of Shareholders Hold The Majority In ReadyTech Holdings Limited's (ASX:RDY) Shares?

Dec 14
What Kind Of Shareholders Hold The Majority In ReadyTech Holdings Limited's (ASX:RDY) Shares?

Did You Miss ReadyTech Holdings' (ASX:RDY) 13% Share Price Gain?

Nov 18
Did You Miss ReadyTech Holdings' (ASX:RDY) 13% Share Price Gain?

Shareholder Returns

RDYAU SoftwareAU Market
7D1.0%5.6%1.5%
1Y-14.9%87.8%17.2%

Return vs Industry: RDY underperformed the Australian Software industry which returned 87.8% over the past year.

Return vs Market: RDY underperformed the Australian Market which returned 17.2% over the past year.

Price Volatility

Is RDY's price volatile compared to industry and market?
RDY volatility
RDY Average Weekly Movement4.9%
Software Industry Average Movement9.3%
Market Average Movement8.6%
10% most volatile stocks in AU Market17.3%
10% least volatile stocks in AU Market3.4%

Stable Share Price: RDY has not had significant price volatility in the past 3 months compared to the Australian market.

Volatility Over Time: RDY's weekly volatility (5%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1998n/aMarc Washbournereadytech.com.au

ReadyTech Holdings Limited provides technology-based solutions in Australia. It operates in 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.

ReadyTech Holdings Limited Fundamentals Summary

How do ReadyTech Holdings's earnings and revenue compare to its market cap?
RDY fundamental statistics
Market capAU$344.99m
Earnings (TTM)AU$5.46m
Revenue (TTM)AU$113.80m

65.6x

P/E Ratio

3.1x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
RDY income statement (TTM)
RevenueAU$113.80m
Cost of RevenueAU$71.88m
Gross ProfitAU$41.92m
Other ExpensesAU$36.46m
EarningsAU$5.46m

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)0.045
Gross Margin36.84%
Net Profit Margin4.80%
Debt/Equity Ratio27.7%

How did RDY perform over the long term?

See historical performance and comparison