Announcement • Feb 26
ReadyTech Holdings Limited Updates Earnings Guidance for the Fiscal Year 2026 ReadyTech Holdings Limited updated earnings guidance for the fiscal year 2026. Fiscal year 2026 revenue guidance has been revised to AUD 125 to AUD 127 million. Announcement • Jan 12
ReadyTech Holdings Limited to Report First Half, 2026 Results on Feb 26, 2026 ReadyTech Holdings Limited announced that they will report first half, 2026 results on Feb 26, 2026 Announcement • Sep 03
ReadyTech Holdings Limited, Annual General Meeting, Nov 18, 2025 ReadyTech Holdings Limited, Annual General Meeting, Nov 18, 2025. Reported Earnings • Aug 29
Full year 2025 earnings released: AU$0.13 loss per share (vs AU$0.047 profit in FY 2024) Full year 2025 results: AU$0.13 loss per share (down from AU$0.047 profit in FY 2024). Revenue: AU$121.8m (up 7.1% from FY 2024). Net loss: AU$16.1m (down 395% from profit in FY 2024). Revenue is forecast to grow 9.8% p.a. on average during the next 3 years, compared to a 15% growth forecast for the Software industry in Australia. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 94 percentage points per year, which is a significant difference in performance. Announcement • Aug 05
ReadyTech Holdings Limited to Report Fiscal Year 2025 Results on Aug 27, 2025 ReadyTech Holdings Limited announced that they will report fiscal year 2025 results on Aug 27, 2025 Announcement • Mar 28
Nimesh Shah to Step Down as Chief Financial Officer of ReadyTech Holdings Limited Later the Year 2025 ReadyTech Holdings Limited announced that Nimesh Shah, Chief Financial Officer, has advised the Board and CEO of his decision to step down from his role with the Company. ReadyTech has commenced a global search for a new Chief Financial Officer. Nimesh Shah will depart the Company later this year and will assist ReadyTech in the transition to a new CFO. Further updates regarding the appointment of a successor will be provided in due course. Announcement • Feb 06
ReadyTech Holdings Limited to Report First Half, 2025 Results on Feb 26, 2025 ReadyTech Holdings Limited announced that they will report first half, 2025 results on Feb 26, 2025 Announcement • Feb 04
ReadyTech Holdings Limited (ASX:RDY) agreed to acquire CouncilWise for AUD 8 million. ReadyTech Holdings Limited (ASX:RDY) agreed to acquire CouncilWise for AUD 8 million on February 4, 2025. The purchase price of AUD 8 million, includes upfront consideration of AUD 4 million, reflecting a recurring revenue multiple of 3.5x and up to $4 million in deferred consideration based on achievement of activity-based goals linked to migration of existing customers to the ReadyTech Community cloud offering. Upfront consideration will be split between 63% cash (funded out of existing cash reserves) and 37% ReadyTech scrip. The acquisition is expected to complete in mid-February 2025 and is subject to the satisfaction of customary conditions precedent. Recent Insider Transactions • Sep 13
Co-Founder recently bought AU$98k worth of stock On the 9th of September, Marc Washbourne bought around 35k shares on-market at roughly AU$2.79 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. This was Marc's only on-market trade for the last 12 months. Announcement • Sep 09
ReadyTech Holdings Limited, Annual General Meeting, Nov 19, 2024 ReadyTech Holdings Limited, Annual General Meeting, Nov 19, 2024. Reported Earnings • Aug 27
Full year 2024 earnings released: EPS: AU$0.047 (vs AU$0.044 in FY 2023) Full year 2024 results: EPS: AU$0.047 (up from AU$0.044 in FY 2023). Revenue: AU$113.8m (up 10% from FY 2023). Net income: AU$5.46m (up 9.8% from FY 2023). Profit margin: 4.8% (in line with FY 2023). Revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 15% growth forecast for the Software industry in Australia. Over the last 3 years on average, earnings per share has fallen by 2% per year and the company’s share price has also fallen by 2% per year. Announcement • Jul 30
Readytech Holdings Limited Announces Board Changes ReadyTech Holdings Limited announced changes to the Board of Directors effective July 30, 2024. Non-Executive Director Mr. Tom Matthews has tendered his resignation to the Board of Directors. In light of the this resignation, Mr. Mark Summerhayes, who had been the Alternate Director for Mr. Matthews since 2019, has been appointed as a Non-Executive Director of ReadyTech. Mr. Matthews and Mr. Summerhayes are representatives of Pemba Capital Partners which is a substantial holder of the Company. Pemba is a leading investor in high-growth, entrepreneurial businesses. Mr. Summerhayes is a Managing Director at Pemba Capital Partners, a leading investor in small and mid- sized private businesses in Australia and New Zealand. Mr. Summerhayes has over 30 years of private equity, principal investing and middle market advisory experience. Prior to joining Pemba, Mr. Summerhayes was one of the Managing Directors of Smedvig Capital and one of the senior executives responsible for investing, managing and reporting on a diversified AUD 350 million private equity portfolio. Before Smedvig capital, Mr. Summerhayes co-founded SB Capital Partners, a private equity partnership, backed by Bain Capital where he spent several years advising corporates on a mix of strategy, M&A and operational improvements. Mr. Summerhayes has a Bachelor and Master of Arts (Economics) from Cambridge University. Mr. Summerhayes is also a Director of Arteva, ADDA, Ausreo, InteriorCo, Oncall, Oolio and RxPx. Announcement • May 23
Readytech Holdings Limited Announces Board Changes ReadyTech Holdings Limited announced changes to the Board of Directors effective from the date of this announcement. Independent Non-Executive Director Ms Elizabeth Crouch AM has tendered her resignation to the Board ofDirectors, after over 5 years of service to ReadyTech. Company welcome Ms Helen Lea as an Independent Non-Executive Director. Ms Lea has held various executive, directorship and committee advisory roles for ASX listed and private companies. Ms Lea is an expert in transformation, talent and performance, human resources and holds aMaster of Arts: Industrial Psychology (University of ther Witwatersrand), is a Graduate of the Australian Institute of Company Directors and a Fellow of the Australian Human Resources Institute. Reported Earnings • Feb 28
First half 2024 earnings released: EPS: AU$0.018 (vs AU$0.007 in 1H 2023) First half 2024 results: EPS: AU$0.018 (up from AU$0.007 in 1H 2023). Revenue: AU$54.7m (up 14% from 1H 2023). Net income: AU$2.11m (up 177% from 1H 2023). Profit margin: 3.9% (up from 1.6% in 1H 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 16% growth forecast for the Software industry in Australia. Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has increased by 19% per year, which means it is tracking significantly ahead of earnings growth. New Risk • Sep 14
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 2.3% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Minor Risks Profit margins are more than 30% lower than last year (4.8% net profit margin). Shareholders have been diluted in the past year (2.3% increase in shares outstanding). Announcement • Sep 09
ReadyTech Holdings Limited, Annual General Meeting, Nov 21, 2023 ReadyTech Holdings Limited, Annual General Meeting, Nov 21, 2023. Reported Earnings • Aug 23
Full year 2023 earnings released: EPS: AU$0.044 (vs AU$0.083 in FY 2022) Full year 2023 results: EPS: AU$0.044 (down from AU$0.083 in FY 2022). Revenue: AU$103.3m (up 32% from FY 2022). Net income: AU$4.98m (down 43% from FY 2022). Profit margin: 4.8% (down from 11% in FY 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 16% growth forecast for the Software industry in Australia. Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has increased by 21% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Jul 21
ReadyTech Holdings Limited to Report Fiscal Year 2023 Results on Aug 23, 2023 ReadyTech Holdings Limited announced that they will report fiscal year 2023 results on Aug 23, 2023 Board Change • Mar 22
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 6 experienced directors. No highly experienced directors. Alternate Non-Executive Director Mark Summerhayes was the last director to join the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment. Announcement • Jan 19
ReadyTech Holdings Limited to Report First Half, 2023 Results on Feb 22, 2023 ReadyTech Holdings Limited announced that they will report first half, 2023 results on Feb 22, 2023 Board Change • Nov 16
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 6 experienced directors. No highly experienced directors. Alternate Non-Executive Director Mark Summerhayes was the last director to join the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment. Valuation Update With 7 Day Price Move • Nov 02
Investor sentiment improved over the past week After last week's 29% share price gain to AU$4.14, the stock trades at a forward P/E ratio of 44x. Average forward P/E is 44x in the Software industry in Australia. Total returns to shareholders of 125% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at AU$2.89 per share. Reported Earnings • Aug 18
Full year 2022 earnings released: EPS: AU$0.083 (vs AU$0.024 in FY 2021) Full year 2022 results: EPS: AU$0.083 (up from AU$0.024 in FY 2021). Revenue: AU$84.3m (up 69% from FY 2021). Net income: AU$8.79m (up 308% from FY 2021). Profit margin: 10% (up from 4.3% in FY 2021). Over the next year, revenue is forecast to grow 24%, compared to a 41% growth forecast for the Software industry in Australia. Over the last 3 years on average, earnings per share has increased by 65% per year but the company’s share price has only increased by 23% per year, which means it is significantly lagging earnings growth. Board Change • Aug 02
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 6 experienced directors. No highly experienced directors. Alternate Non-Executive Director Mark Summerhayes was the last director to join the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment. Recent Insider Transactions • Jun 29
Independent Non-Executive Chairman recently bought AU$99k worth of stock On the 21st of June, Tony Faure bought around 37k shares on-market at roughly AU$2.68 per share. This was the largest purchase by an insider in the last 3 months. This was Tony's only on-market trade for the last 12 months. Reported Earnings • Feb 18
First half 2022 earnings: Revenues and EPS in line with analyst expectations First half 2022 results: EPS: AU$0.054 (up from AU$0.016 in 1H 2021). Revenue: AU$35.7m (up 64% from 1H 2021). Net income: AU$5.81m (up 336% from 1H 2021). Profit margin: 16% (up from 6.1% in 1H 2021). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Over the next year, revenue is forecast to grow 26%, compared to a 30% growth forecast for the industry in Australia. Recent Insider Transactions • Dec 02
Alternate Non-Executive Director recently bought AU$86k worth of stock On the 26th of November, Mark Summerhayes bought around 24k shares on-market at roughly AU$3.59 per share. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought AU$1.4m more in shares than they have sold in the last 12 months. Reported Earnings • Aug 25
Full year 2021 earnings released: EPS AU$0.024 (vs AU$0.049 in FY 2020) The company reported a soft full year result with weaker earnings and profit margins, although revenues improved. Full year 2021 results: Revenue: AU$50.0m (up 28% from FY 2020). Net income: AU$2.16m (down 45% from FY 2020). Profit margin: 4.3% (down from 10.0% in FY 2020). Valuation Update With 7 Day Price Move • Aug 11
Investor sentiment improved over the past week After last week's 17% share price gain to AU$2.72, the stock trades at a forward P/E ratio of 42x. Average forward P/E is 39x in the Software industry in Australia. Total returns to shareholders of 80% over the past year. Simply Wall St's valuation model estimates the intrinsic value at AU$4.22 per share. Recent Insider Transactions • Mar 26
Alternate Non-Executive Director recently bought AU$90k worth of stock On the 24th of March, Mark Summerhayes bought around 53k shares on-market at roughly AU$1.70 per share. In the last 3 months, they made an even bigger purchase worth AU$208k. Insiders have collectively bought AU$1.2m more in shares than they have sold in the last 12 months. Recent Insider Transactions • Mar 11
Alternate Non-Executive Director recently bought AU$208k worth of stock On the 5th of March, Mark Summerhayes bought around 116k shares on-market at roughly AU$1.80 per share. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought AU$1.1m more in shares than they have sold in the last 12 months. Recent Insider Transactions • Feb 23
Alternate Non-Executive Director recently bought AU$187k worth of stock On the 18th of February, Mark Summerhayes bought around 100k shares on-market at roughly AU$1.87 per share. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought AU$451k more in shares than they have sold in the last 12 months. Reported Earnings • Feb 18
First half 2021 earnings released: EPS AU$0.016 (vs AU$0.026 in 1H 2020) The company reported a soft first half result with weaker earnings and profit margins, although revenues improved. First half 2021 results: Revenue: AU$21.8m (up 13% from 1H 2020). Net income: AU$1.33m (down 35% from 1H 2020). Profit margin: 6.1% (down from 11% in 1H 2020). The decrease in margin was driven by higher expenses. Is New 90 Day High Low • Feb 18
New 90-day low: AU$1.84 The company is down 1.0% from its price of AU$1.86 on 19 November 2020. The Australian market is up 7.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Software industry, which is up 2.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is AU$18.79 per share. Is New 90 Day High Low • Jan 13
New 90-day low: AU$1.84 The company is down 12% from its price of AU$2.08 on 14 October 2020. The Australian market is up 9.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Software industry, which is flat over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is AU$14.14 per share. Is New 90 Day High Low • Dec 03
New 90-day high: AU$2.16 The company is up 12% from its price of AU$1.93 on 03 September 2020. The Australian market is up 9.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Software industry, which is up 11% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is AU$11.97 per share. Is New 90 Day High Low • Oct 10
New 90-day high: AU$2.05 The company is up 46% from its price of AU$1.41 on 07 July 2020. The Australian market is up 5.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Software industry, which is up 20% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is AU$13.68 per share. 
