ReadyTech Holdings (CHIA:RDY) - Stock Price, News & Analysis

RDY Stock Overview

Provides technology-based solutions in Australia. More details

RDY fundamental analysis
Snowflake Score
Valuation	3/6
Future Growth	4/6
Past Performance	3/6
Financial Health	4/6
Dividends	0/6

Rewards

Trading at 58% below our estimate of its fair value

Earnings are forecast to grow 24.23% per year

Earnings grew by 9.8% over the past year

Analysts in good agreement that stock price will rise by 37%

Risk Analysis

Shareholders have been diluted in the past year

ReadyTech Holdings Limited Competitors

Praemium

ASX:PPS

AU$318.8m

DUG Technology

ASX:DUG

AU$208.9m

Infomedia

ASX:IFM

AU$509.7m

Energy One

ASX:EOL

AU$182.8m

Price History & Performance

Summary of all time highs, changes and price drops for ReadyTech Holdings
Historical stock prices
Current Share Price	AU$2.98
52 Week High	AU$3.71
52 Week Low	AU$2.72
Beta	0.99
11 Month Change	3.11%
3 Month Change	-3.87%
1 Year Change	-14.37%
33 Year Change	-16.76%
5 Year Change	72.25%
Change since IPO	72.25%

Recent updates

Shareholder Returns

	RDY	AU Software	AU Market
7D	1.0%	5.6%	1.5%
1Y	-14.4%	87.8%	17.2%

Return vs Industry: RDY underperformed the Australian Software industry which returned 87.8% over the past year.

Return vs Market: RDY underperformed the Australian Market which returned 17.2% over the past year.

Price Volatility

Is RDY's price volatile compared to industry and market?
RDY volatility
RDY Average Weekly Movement	4.3%
Software Industry Average Movement	9.3%
Market Average Movement	8.6%
10% most volatile stocks in AU Market	17.3%
10% least volatile stocks in AU Market	3.4%

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

Founded	Employees	CEO	Website
1998	n/a	Marc Washbourne	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 cap	AU$358.22m
Earnings (TTM)	AU$5.46m
Revenue (TTM)	AU$113.80m

65.6x

P/E Ratio

3.1x

P/S Ratio

Is RDY overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
RDY income statement (TTM)
Revenue	AU$113.80m
Cost of Revenue	AU$71.88m
Gross Profit	AU$41.92m
Other Expenses	AU$36.46m
Earnings	AU$5.46m

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	0.045
Gross Margin	36.84%
Net Profit Margin	4.80%
Debt/Equity Ratio	27.7%

How did RDY perform over the long term?

See historical performance and comparison

RDY Stock Overview

Rewards

Risk Analysis

ReadyTech Holdings Limited Competitors

ASX:PPS

AU$318.8m

ASX:DUG

AU$208.9m

ASX:IFM

AU$509.7m

ASX:EOL

AU$182.8m

Price History & Performance

Recent News & Updates

Co-Founder recently bought AU$98k worth of stock

ReadyTech Holdings Limited, Annual General Meeting, Nov 19, 2024

Full year 2024 earnings released: EPS: AU$0.047 (vs AU$0.044 in FY 2023)

Readytech Holdings Limited Announces Board Changes

Readytech Holdings Limited Announces Board Changes

First half 2024 earnings released: EPS: AU$0.018 (vs AU$0.007 in 1H 2023)

Recent updates

Co-Founder recently bought AU$98k worth of stock

ReadyTech Holdings Limited, Annual General Meeting, Nov 19, 2024

Full year 2024 earnings released: EPS: AU$0.047 (vs AU$0.044 in FY 2023)

Readytech Holdings Limited Announces Board Changes

Readytech Holdings Limited Announces Board Changes

First half 2024 earnings released: EPS: AU$0.018 (vs AU$0.007 in 1H 2023)

ReadyTech Holdings Limited to Report First Half, 2024 Results on Feb 22, 2024

New minor risk - Shareholder dilution

ReadyTech Holdings Limited, Annual General Meeting, Nov 21, 2023

Full year 2023 earnings released: EPS: AU$0.044 (vs AU$0.083 in FY 2022)

ReadyTech Holdings Limited to Report Fiscal Year 2023 Results on Aug 23, 2023

Insufficient new directors

ReadyTech Holdings Limited to Report First Half, 2023 Results on Feb 22, 2023

Pacific Equity Partners cancelled the acquisition of ReadyTech Holdings Limited (ASX:RDY) from the group of shareholders.

Pacific Equity Partners cancelled the acquisition of ReadyTech Holdings Limited (ASX:RDY) from the group of shareholders.

Insufficient new directors

Pacific Equity Partners offered to acquire, by way of a scheme of arrangement, ReadyTech Holdings Limited (ASX:RDY) from the group of shareholders for approximately AUD 500 million.

Investor sentiment improved over the past week

ReadyTech Holdings Limited, Annual General Meeting, Nov 15, 2022

Full year 2022 earnings released: EPS: AU$0.083 (vs AU$0.024 in FY 2021)

Insufficient new directors

ReadyTech Holdings Limited (ASX:RDY) completed the acquisition of IT Vision for AUD 53.2 million.

ReadyTech Holdings Limited to Report Fiscal Year 2022 Results on Aug 17, 2022

Independent Non-Executive Chairman recently bought AU$99k worth of stock

ReadyTech Holdings Limited (ASX:RDY) has signed a Sale and Purchase Agreement to acquire IT Vision for AUD 54.6 million

ReadyTech Holdings Limited Re-Affirms Revenue Guidance for the Fiscal Year 2022

First half 2022 earnings: Revenues and EPS in line with analyst expectations

ReadyTech Holdings Limited Provides Revenue Guidance for the Fiscal Year 2022

ReadyTech Holdings Limited (ASX:RDY) acquired Open Windows Software Pty Ltd for AUD 14.3 million.

Alternate Non-Executive Director recently bought AU$86k worth of stock

ReadyTech Holdings Limited (ASX:RDY) acquired Avaxa Pty Ltd for AUD 2.2 million.

Full year 2021 earnings released: EPS AU$0.024 (vs AU$0.049 in FY 2020)

ReadyTech Holdings Limited Provides Revenue Guidance for the Full Year of Fiscal 2022 and 2026

Investor sentiment improved over the past week

Alternate Non-Executive Director recently bought AU$90k worth of stock

Alternate Non-Executive Director recently bought AU$208k worth of stock

Alternate Non-Executive Director recently bought AU$187k worth of stock

First half 2021 earnings released: EPS AU$0.016 (vs AU$0.026 in 1H 2020)

New 90-day low: AU$1.84

ReadyTech Holdings Limited to Report First Half, 2021 Results on Feb 17, 2021

New 90-day low: AU$1.84

New 90-day high: AU$2.16

ReadyTech Holdings Limited has completed a Follow-on Equity Offering in the amount of AUD 24.999999 million.

ReadyTech Holdings Limited (ASX:RDY) executed a heads of agreement to acquire Open Office Pty Ltd and McGirr Information Technology Pty Ltd from Pemba Capital Partners Pty Limited and other shareholders for AUD 72 million.

New 90-day high: AU$2.05

Readytech Holdings Limited Announces Resignation of William Hundy as Additional Company Secretary, Effective September 23, 2020

Shareholder Returns

Price Volatility

About the Company

ReadyTech Holdings Limited Fundamentals Summary

65.6x

3.1x

Earnings & Revenue