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ReadyTech Holdings ASX:RDY Stock Report

Last Price

AU$3.11

Market Cap

AU$366.6m

7D

3.3%

1Y

-10.6%

Updated

20 Dec, 2024

Data

Company Financials +

ReadyTech Holdings Limited

ASX:RDY Stock Report

Market Cap: AU$366.6m

My Notes

Capture your thoughts, links and company narrative

ReadyTech Holdings Limited Competitors

Price History & Performance

Summary of share price highs, lows and changes for ReadyTech Holdings
Historical stock prices
Current Share PriceAU$3.11
52 Week HighAU$3.79
52 Week LowAU$2.72
Beta1.01
1 Month Change8.36%
3 Month Change0.65%
1 Year Change-10.63%
3 Year Change-18.59%
5 Year Change82.94%
Change since IPO74.72%

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
7D3.3%-2.2%-2.0%
1Y-10.6%60.8%7.8%

Return vs Industry: RDY underperformed the Australian Software industry which returned 60.8% over the past year.

Return vs Market: RDY underperformed the Australian Market which returned 7.8% over the past year.

Price Volatility

Is RDY's price volatile compared to industry and market?
RDY volatility
RDY Average Weekly Movement4.0%
Software Industry Average Movement9.2%
Market Average Movement8.0%
10% most volatile stocks in AU Market16.8%
10% least volatile stocks in AU Market3.1%

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 (4%) 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$366.63m
Earnings (TTM)AU$5.46m
Revenue (TTM)AU$113.80m

68.4x

P/E Ratio

3.3x

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

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/20 15:32
End of Day Share Price 2024/12/20 00:00
Earnings2024/06/30
Annual Earnings2024/06/30

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

ReadyTech Holdings Limited is covered by 12 analysts. 7 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Elijah MayrCLSA
Chris GawlerGoldman Sachs
James WilsonJarden Limited