ReadyTech Holdings Limited

ASX:RDY Stock Report

Market Cap: AU$373.8m

ReadyTech Holdings Management

Management criteria checks 4/4

ReadyTech Holdings' CEO is Marc Washbourne, appointed in Jan 1999, has a tenure of 25.92 years. total yearly compensation is A$669.25K, comprised of 67.2% salary and 32.8% bonuses, including company stock and options. directly owns 3.66% of the company’s shares, worth A$13.70M. The average tenure of the management team and the board of directors is 4.2 years and 5.8 years respectively.

Key information

Marc Washbourne

Chief executive officer

AU$669.3k

Total compensation

CEO salary percentage67.2%
CEO tenure25.9yrs
CEO ownership3.7%
Management average tenure4.2yrs
Board average tenure5.8yrs

Recent management 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?

CEO Compensation Analysis

How has Marc Washbourne's remuneration changed compared to ReadyTech Holdings's earnings?
DateTotal CompensationSalaryCompany Earnings
Jun 30 2024AU$669kAU$450k

AU$5m

Mar 31 2024n/an/a

AU$6m

Dec 31 2023n/an/a

AU$6m

Sep 30 2023n/an/a

AU$6m

Jun 30 2023AU$995kAU$425k

AU$5m

Mar 31 2023n/an/a

AU$4m

Dec 31 2022n/an/a

AU$4m

Sep 30 2022n/an/a

AU$6m

Jun 30 2022AU$845kAU$375k

AU$9m

Mar 31 2022n/an/a

AU$8m

Dec 31 2021n/an/a

AU$7m

Sep 30 2021n/an/a

AU$4m

Jun 30 2021AU$544kAU$310k

AU$2m

Mar 31 2021n/an/a

AU$3m

Dec 31 2020n/an/a

AU$3m

Sep 30 2020n/an/a

AU$4m

Jun 30 2020AU$358kAU$310k

AU$4m

Mar 31 2020n/an/a

AU$3m

Dec 31 2019n/an/a

AU$1m

Sep 30 2019n/an/a

-AU$101k

Jun 30 2019AU$316kAU$285k

-AU$1m

Jun 30 2018AU$289kAU$260k

-AU$2m

Compensation vs Market: Marc's total compensation ($USD418.57K) is below average for companies of similar size in the Australian market ($USD689.59K).

Compensation vs Earnings: Marc's compensation has been consistent with company performance over the past year.

CEO

Marc Washbourne

25.9yrs

Tenure

AU$669,250

Compensation

Mr. Marc Raymond Washbourne has been the Chief Executive Officer of ReadyTech Holdings Limited since 1999 and as its Executive Director since March 8, 2019. He is Co-Founder of ReadyTech Holdings Limited....

Leadership Team

NamePositionTenureCompensationOwnership
Marc Washbourne
Co-Founder25.9yrsAU$669.25k3.66%
A$ 13.7m
Nimesh Shah
CFO & Joint Company Secretary7.3yrsAU$567.44k1.08%
A$ 4.0m
James Diamond
Chief Operating Officerless than a yearno datano data
Bobbi Tailor-Jepson
Chief People Officerless than a yearno datano data
Tony Jones
Head of Delivery - Education & Pathways4.2yrsno datano data
Daniel Wyner
Chief Executive of Government & Justice5.3yrsno datano data
Michael Benyon
Head of Revenue - Workforce Solutions5.3yrsAU$124.47kno data
Amanda Palmer
Head of Service Operations - Workforce Solutions5.2yrsno datano data
Chris Smith
Head of Strategy & Innovation - Education and Pathways4.2yrsno datano data
Natalie Miller
Head of Marketing4.2yrsno datano data
James Hourn
Head of Enterprise Sales - Education & Pathways4.2yrsno datano data
Krista Moore
Head of Marketing & Communications - Workforce Solutions4.2yrsno datano data

4.2yrs

Average Tenure

Experienced Management: RDY's management team is considered experienced (4.2 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Marc Washbourne
Co-Founder5.8yrsAU$669.25k3.66%
A$ 13.7m
Timothy William Ebbeck
Independent Non-Executive Director5.8yrsAU$97.50k0.026%
A$ 96.6k
Tony Faure
Independent Non-Executive Chairman5.8yrsAU$187.00k0.32%
A$ 1.2m
Helen Lea
Independent Non-Executive Directorless than a yearAU$10.16kno data
Mark Summerhayes
Non Executive Directorless than a yearAU$30.16k0.46%
A$ 1.7m

5.8yrs

Average Tenure

Experienced Board: RDY's board of directors are considered experienced (5.8 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/21 22:46
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

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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