ReadyTech Holdings Management
Management criteria checks 4/4
ReadyTech Holdings' CEO is Marc Washbourne, appointed in Jan 1999, has a tenure of 27.33 years. total yearly compensation is A$424.99K, comprised of 110.3% salary and -10.3% bonuses, including company stock and options. directly owns 3.56% of the company’s shares, worth A$5.95M. The average tenure of the management team and the board of directors is 5.6 years and 7.2 years respectively.
Key information
Marc Washbourne
Chief executive officer
AU$425.0k
Total compensation
| CEO salary percentage | 110.30% |
| CEO tenure | 27.3yrs |
| CEO ownership | 3.6% |
| Management average tenure | 5.6yrs |
| Board average tenure | 7.2yrs |
Recent management updates
Recent updates
Narrative Update • Apr 24
RDY: FY26 Revenue Guidance And Earnings Quality Will Shape Repricing Potential
Narrative update on ReadyTech Holdings Analysts have kept their A$1.34 price target for ReadyTech Holdings unchanged, citing updated assumptions for slightly higher revenue growth, profit margins, and a modestly lower forward P/E multiple that together support maintaining the prior valuation level. Analyst Commentary Recent commentary on ReadyTech Holdings reflects a more cautious tone among some bearish analysts, even as the A$1.34 price target is held steady.Narrative Update • Apr 09
RDY: FY26 Revenue Guidance Will Support Future Repricing Potential
Analysts have trimmed their price targets for ReadyTech Holdings, pointing to revised fair value estimates to A$1.34, a higher discount rate of 9.15%, softer revenue growth assumptions of 5.91%, lower projected profit margins of 7.33%, and a slightly reduced future P/E of 19.66x. What's in the News ReadyTech Holdings issued earnings guidance for fiscal year 2026, with revenue guidance set in a range of A$125 million to A$127 million (Corporate Guidance).
Narrative Update • Mar 26
RDY: Unchanged Fair Value And FY26 Guidance Will Support Long Term Upside
Analysts have adjusted their price target on ReadyTech Holdings to reflect updated assumptions around the discount rate, profit margin and P/E expectations, resulting in a revised valuation that is in line with the prior A$2.13 fair value estimate. What's in the News ReadyTech Holdings issued new earnings guidance for fiscal year 2026, setting revenue expectations in the range of A$125 million to A$127 million (Key Developments).Narrative Update • Mar 11
RDY: Higher Discount Rate Will Still Support Positive Long Term Upside
Analysts have adjusted their view on ReadyTech Holdings, cutting their implied fair value from A$3.05 to A$2.13 as they factor in a higher discount rate, more moderate revenue growth, slightly lower profit margins and a reduced future P/E multiple. What's in the News ReadyTech Holdings issued earnings guidance for fiscal year 2026, projecting revenue in the range of A$125 million to A$127 million (Key Developments).Narrative Update • Feb 25
RDY: Higher Margins And Revenue Outlook Will Support Future Repricing Potential
Analysts have trimmed their price target for ReadyTech Holdings to A$20.84 from A$22.10, reflecting updated assumptions for discount rate, revenue growth, profit margins, and a slightly lower future P/E multiple. Valuation Changes Fair Value: The A$2.6x fair value multiple is unchanged, indicating no adjustment to the core valuation anchor in this update.Analysis Article • Feb 13
Lacklustre Performance Is Driving ReadyTech Holdings Limited's (ASX:RDY) 26% Price Drop
ReadyTech Holdings Limited ( ASX:RDY ) shares have had a horrible month, losing 26% after a relatively good period...Narrative Update • Feb 09
RDY: Higher Margins And Revenue Outlook Will Support Future Upside Potential
Analysts have reduced their price target for ReadyTech Holdings from A$2.60 to A$2.50, citing updated assumptions for the discount rate, revenue growth, profit margins and future P/E that slightly adjust their risk and earnings outlook for the company. Valuation Changes Fair Value: Modelled fair value remains unchanged at A$2.60 per share.Narrative Update • Jan 26
RDY: Refined Assumptions Will Support Margins While Fair Value Remains Steady
Analysts have raised their price target on ReadyTech Holdings slightly, citing small refinements to their models around discount rates, revenue growth, profit margins, and future P/E assumptions that together support a modest uplift in estimated equity value in A$ terms. Valuation Changes Fair Value: Model fair value remains unchanged at A$2.60 per share, indicating no revision to the central valuation outcome.Narrative Update • Jan 10
RDY: Incoming CFO Appointment Will Support Margins While Fair Value Appears Steady
Analysts have nudged their price targets for ReadyTech Holdings slightly higher, citing small adjustments to inputs such as discount rate, revenue growth, profit margin and future P/E assumptions. Together, these factors support a modest uplift in assessed fair value in A$ terms.Narrative Update • Dec 27
RDY: Incoming CFO Appointment Will Support Future Margins With Balanced Outlook
Analysts have nudged their price target on ReadyTech Holdings slightly higher, reflecting modest improvements in projected revenue growth, profit margins and a marginally lower assumed discount rate, while still applying a disciplined future price to earnings multiple. What's in the News ReadyTech Holdings appointed Bryce Thompson as incoming Chief Financial Officer, with Thompson to join the company in November 2025.Narrative Update • Dec 12
RDY: Incoming CFO Appointment Will Support Stronger Profitability Outlook
Analysts have nudged their price target on ReadyTech Holdings higher from A$2.60 to A$2.80. This reflects upgraded assumptions for revenue growth and profit margins, alongside a modestly lower expected future price to earnings multiple.Narrative Update • Aug 29
Cloud Software And AI Will Expand Digital Transformation Across Sectors
The consensus price target for ReadyTech Holdings has been revised downward, primarily reflecting a reduced future P/E multiple despite improvement in net profit margin, lowering the fair value from A$3.48 to A$3.12. Valuation Changes Summary of Valuation Changes for ReadyTech Holdings The Consensus Analyst Price Target has significantly fallen from A$3.48 to A$3.12.Analysis Article • Apr 04
Is ReadyTech Holdings (ASX:RDY) A Risky Investment?
Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
New Narrative • Mar 02
Acquisition Of CouncilWise Will Accelerate Cloud Transitions And Improve Efficiency
The acquisition of CouncilWise is set to accelerate cloud adoption, enhancing revenue growth in the Government segment.Analysis Article • Jun 25
ReadyTech Holdings Limited (ASX:RDY) Shares Could Be 33% Below Their Intrinsic Value Estimate
Today we will run through one way of estimating the intrinsic value of ReadyTech Holdings Limited ( ASX:RDY ) by...Analysis Article • Nov 04
Is ReadyTech Holdings (ASX:RDY) Using Too Much Debt?
The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...Analysis Article • May 26
Why ReadyTech Holdings Limited (ASX:RDY) Could Be Worth Watching
While ReadyTech Holdings Limited ( ASX:RDY ) might not be the most widely known stock at the moment, it received a lot...Analysis Article • May 09
I Ran A Stock Scan For Earnings Growth And ReadyTech Holdings (ASX:RDY) Passed With Ease
Like a puppy chasing its tail, some new investors often chase 'the next big thing', even if that means buying 'story...Analysis Article • Mar 30
Are Investors Undervaluing ReadyTech Holdings Limited (ASX:RDY) By 48%?
In this article we are going to estimate the intrinsic value of ReadyTech Holdings Limited ( ASX:RDY ) by taking the...Analysis Article • Mar 15
ReadyTech Holdings (ASX:RDY) Shareholders Have Enjoyed A 36% Share Price Gain
The simplest way to invest in stocks is to buy exchange traded funds. But you can significantly boost your returns by...Analysis Article • Feb 23
Alternate Non-Executive Director Mark Summerhayes Just Bought A Handful Of Shares In ReadyTech Holdings Limited (ASX:RDY)
Investors who take an interest in ReadyTech Holdings Limited ( ASX:RDY ) should definitely note that the Alternate...Analysis Article • Feb 14
Are ReadyTech Holdings' (ASX:RDY) Statutory Earnings A Good Guide To Its Underlying Profitability?
Statistically speaking, it is less risky to invest in profitable companies than in unprofitable ones. That said, the...Analysis Article • 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?
ReadyTech Holdings (ASX:RDY) has had a rough three months with its share price down 4.8%. But if you pay close...Analysis Article • Dec 14
What Kind Of Shareholders Hold The Majority In ReadyTech Holdings Limited's (ASX:RDY) Shares?
If you want to know who really controls ReadyTech Holdings Limited ( ASX:RDY ), then you'll have to look at the makeup...Analysis Article • Nov 18
Did You Miss ReadyTech Holdings' (ASX:RDY) 13% Share Price Gain?
If you want to compound wealth in the stock market, you can do so by buying an index fund. But if you pick the right...CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Dec 31 2025 | n/a | n/a | AU$1m |
| Sep 30 2025 | n/a | n/a | -AU$7m |
| Jun 30 2025 | AU$425k | AU$469k | -AU$16m |
| Mar 31 2025 | n/a | n/a | -AU$16m |
| Dec 31 2024 | n/a | n/a | -AU$15m |
| Sep 30 2024 | n/a | n/a | -AU$5m |
| Jun 30 2024 | AU$669k | AU$450k | AU$5m |
| Mar 31 2024 | n/a | n/a | AU$6m |
| Dec 31 2023 | n/a | n/a | AU$6m |
| Sep 30 2023 | n/a | n/a | AU$6m |
| Jun 30 2023 | AU$995k | AU$425k | AU$5m |
| Mar 31 2023 | n/a | n/a | AU$4m |
| Dec 31 2022 | n/a | n/a | AU$4m |
| Sep 30 2022 | n/a | n/a | AU$6m |
| Jun 30 2022 | AU$845k | AU$375k | AU$9m |
| Mar 31 2022 | n/a | n/a | AU$8m |
| Dec 31 2021 | n/a | n/a | AU$7m |
| Sep 30 2021 | n/a | n/a | AU$4m |
| Jun 30 2021 | AU$544k | AU$310k | AU$2m |
| Mar 31 2021 | n/a | n/a | AU$3m |
| Dec 31 2020 | n/a | n/a | AU$3m |
| Sep 30 2020 | n/a | n/a | AU$4m |
| Jun 30 2020 | AU$358k | AU$310k | AU$4m |
| Mar 31 2020 | n/a | n/a | AU$3m |
| Dec 31 2019 | n/a | n/a | AU$1m |
| Sep 30 2019 | n/a | n/a | -AU$101k |
| Jun 30 2019 | AU$316k | AU$285k | -AU$1m |
Compensation vs Market: Marc's total compensation ($USD303.84K) is about average for companies of similar size in the Australian market ($USD328.74K).
Compensation vs Earnings: Marc's compensation has been consistent with company performance over the past year.
CEO
Marc Washbourne
27.3yrs
Tenure
AU$424,987
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
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Co-Founder | 27.3yrs | AU$424.99k | 3.56% A$ 5.9m | |
| CFO & Joint Company Secretary | less than a year | no data | no data | |
| Chief Operating Officer | 2.3yrs | no data | no data | |
| Head of Delivery - Education & Pathways | 5.6yrs | no data | no data | |
| Chief Strategy & Growth Officer | 6.7yrs | no data | no data | |
| Head of Revenue - Workforce Solutions | 6.7yrs | AU$124.47k | no data | |
| Head of Service Operations - Workforce Solutions | 6.6yrs | no data | no data | |
| Head of Strategy & Innovation - Education and Pathways | 5.6yrs | no data | no data | |
| Head of Marketing | 5.6yrs | no data | no data | |
| Head of Enterprise Sales - Education & Pathways | 5.6yrs | no data | no data | |
| Head of Marketing & Communications - Workforce Solutions | 5.6yrs | no data | no data | |
| Head of Technology of Government | 5.6yrs | no data | no data |
5.6yrs
Average Tenure
Experienced Management: RDY's management team is seasoned and experienced (5.6 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Co-Founder | 7.2yrs | AU$424.99k | 3.56% A$ 5.9m | |
| Independent Non-Executive Director | 7.2yrs | AU$102.38k | 0.025% A$ 41.9k | |
| Independent Non-Executive Chairman | 7.2yrs | AU$196.88k | 0.31% A$ 511.4k | |
| Independent Non-Executive Director | 2yrs | AU$102.38k | 0.0093% A$ 15.6k | |
| Independent Non-Executive Director | 1.8yrs | AU$93.84k | 0.45% A$ 749.3k |
7.2yrs
Average Tenure
Experienced Board: RDY's board of directors are considered experienced (7.2 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/05/17 05:40 |
| End of Day Share Price | 2026/05/15 00:00 |
| Earnings | 2025/12/31 |
| Annual Earnings | 2025/06/30 |
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.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
|
| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* 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.
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 Github.
Analyst Sources
ReadyTech Holdings Limited is covered by 14 analysts. 6 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Cameron Halkett | Canaccord Genuity |
| Elijah Mayr | CLSA |
| Chris Gawler | Goldman Sachs |