ReadyTech Holdings Future Growth

Future criteria checks 4/6

ReadyTech Holdings is forecast to grow earnings and revenue by 24.2% and 10.9% per annum respectively. EPS is expected to grow by 28.4% per annum. Return on equity is forecast to be 11.5% in 3 years.

Key information

24.2%

Earnings growth rate

28.4%

EPS growth rate

Software earnings growth	27.8%
Revenue growth rate	10.9%
Future return on equity	11.5%
Analyst coverage	Good
Last updated	20 Nov 2024

Recent future growth updates

Recent updates

Earnings and Revenue Growth Forecasts

CHIA:RDY - Analysts future estimates and past financials data (AUD Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
6/30/2027	163	21	29	49	6
6/30/2026	145	17	22	42	6
6/30/2025	126	12	17	38	1
6/30/2024	114	5	14	32	N/A
3/31/2024	112	6	14	32	N/A
12/31/2023	110	6	14	33	N/A
9/30/2023	107	6	11	30	N/A
6/30/2023	103	5	8	28	N/A
3/31/2023	97	4	6	24	N/A
12/31/2022	90	4	4	21	N/A
9/30/2022	84	6	4	19	N/A
6/30/2022	78	9	4	17	N/A
3/31/2022	71	8	8	18	N/A
12/31/2021	64	7	11	20	N/A
9/30/2021	57	4	13	20	N/A
6/30/2021	50	2	15	21	N/A
3/31/2021	46	3	12	18	N/A
12/31/2020	42	3	10	15	N/A
9/30/2020	41	4	9	14	N/A
6/30/2020	39	4	9	14	N/A
3/31/2020	38	3	5	10	N/A
12/31/2019	36	1	1	5	N/A
9/30/2019	34	0	0	4	N/A
6/30/2019	33	-1	-2	2	N/A
6/30/2018	26	-2	-2	2	N/A
6/30/2017	27	5	N/A	N/A	N/A
6/30/2016	24	5	N/A	N/A	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: RDY's forecast earnings growth (24.2% per year) is above the savings rate (2.6%).

Earnings vs Market: RDY's earnings (24.2% per year) are forecast to grow faster than the Australian market (12.4% per year).

High Growth Earnings: RDY's earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: RDY's revenue (10.9% per year) is forecast to grow faster than the Australian market (5.7% per year).

High Growth Revenue: RDY's revenue (10.9% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: RDY's Return on Equity is forecast to be low in 3 years time (11.5%).

ReadyTech Holdings Future Growth

Future criteria checks 4/6

Key information

Recent future growth updates

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

ReadyTech Holdings Limited Provides Revenue Guidance for the Fiscal Year 2022

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

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

Earnings and Revenue Growth Forecasts

Analyst Future Growth Forecasts

Earnings per Share Growth Forecasts

Future Return on Equity

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