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ReadyTech Holdings ASX:RDY Stock Report

Last Price

AU$3.57

Market Cap

AU$417.1m

7D

2.9%

1Y

8.2%

Updated

23 Feb, 2024

Data

Company Financials +

ReadyTech Holdings Limited

ASX:RDY Stock Report

Market Cap: AU$417.1m

RDY Stock Overview

ReadyTech Holdings Limited provides technology-based solutions in Australia.

RDY fundamental analysis
Snowflake Score
Valuation2/6
Future Growth4/6
Past Performance2/6
Financial Health4/6
Dividends0/6

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$3.57
52 Week HighAU$3.84
52 Week LowAU$2.80
Beta0.94
1 Month Change4.39%
3 Month Change2.00%
1 Year Change8.18%
3 Year Change96.15%
5 Year Changen/a
Change since IPO100.56%

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
7D2.9%4.3%-0.02%
1Y8.2%34.8%4.7%

Return vs Industry: RDY underperformed the Australian Software industry which returned 36.1% over the past year.

Return vs Market: RDY exceeded the Australian Market which returned 4.6% 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 Movement8.6%
Market Average Movement8.6%
10% most volatile stocks in AU Market16.8%
10% least volatile stocks in AU Market3.3%

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

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

About the Company

FoundedEmployeesCEOWebsite
1998n/aMarc Washbournehttps://readytech.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$417.11m
Earnings (TTM)AU$4.98m
Revenue (TTM)AU$103.31m

83.8x

P/E Ratio

4.0x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
RDY income statement (TTM)
RevenueAU$103.31m
Cost of RevenueAU$67.72m
Gross ProfitAU$35.58m
Other ExpensesAU$30.61m
EarningsAU$4.98m

Last Reported Earnings

Jun 30, 2023

Next Earnings Date

Feb 26, 2024

Earnings per share (EPS)0.043
Gross Margin34.44%
Net Profit Margin4.82%
Debt/Equity Ratio36.6%

How did RDY perform over the long term?

See historical performance and comparison
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