RAS Technology delivers strong ARR growth

• ARR reaches $21.1m, up from $18.3m at the end of 1H FY25
• Strong momentum in new customer acquisition and contract extensions
• ARR includes $1.1m contribution from Hong Kong acquisition

RAS Technology Holdings Limited (ASX: RTH), a leading provider of fully integrated premium data, enhanced content and technology solutions to the global racing and wagering industries, has announced growth in its annualised recurring revenue (ARR), which currently stands at $21.1m. This includes contributions from the recently announced Hong Kong acquisition. The Company has secured multiple new deals and contract extensions since the beginning of 2H FY25, which have contributed to the increase in ARR, reinforcing the strength of its market position and customer relationships. These include partnerships with Pragmatic Play and Metric Gaming, new deals with Entain and Sportsbet, and an upgraded long-term deal with SKY Racing. The recent acquisition of six leading Hong Kong-based racing data and editorial publications will add $1.1m to the Company's ARR in addition to the extensive B2C revenue through the acquired publications. RAS Technology Managing Director and CEO Stephen Crispe said the company is well-positioned to continue its growth trajectory for the remainder of this financial year, into FY26 and beyond.

With a strong pipeline of opportunities and its expanded geographic footprint, RAS Technology is well-positioned to continue its growth trajectory for the remainder of this financial year, into FY26 and beyond.