• Revenue of $21.3 million, up 31% on the prior year
• Second consecutive year of before-tax profitability
• Expanded into Asia's largest wagering market through Hong Kong acquisition
• Significant investments in technology infrastructure and trading capabilities

RAS Technology Holdings Ltd (ASX:RTH), a leading provider of premium data, enhanced content, digital services, and wagering technology to the global racing and wagering industries, has announced its results for the 12 months ended 30 June 2025 (FY25). The company delivered record revenue of $21.3 million, up 31% from the prior corresponding period, driven by continued expansion across all business segments. Data and Enhanced Content services revenue grew to $13.3 million, Wagering Technology Products increased to $5.4 million, and Digital, Publications and Media Services expanded to $2.3 million, including revenue from the Hong Kong business acquired during the year. Annual Recurring Revenue (ARR) increased to $21.8 million as at 30 June 2025, including a $1.1 million contribution from the Hong Kong acquisition. The company also now has over $3 million in business-to-consumer (B2C) revenue following the acquisition. RAS achieved a before-tax profit of $754,000 in FY25, marking the second consecutive year of profitability. Gross profit margin remained strong at 81%. The company made significant investments in technology infrastructure and trading capabilities, including establishing a dedicated 24x7 Global Trading Team to support its comprehensive racing solution. The strategic acquisition of six established Hong Kong racing publications and a data service in April 2025 provided immediate access to one of the world's largest wagering markets, establishing RAS Asia as the platform for broader regional expansion.

RAS expects to continue its strong growth trajectory, with multiple new partnerships secured since the end of FY25 and a focus on expanding its technology capabilities and infrastructure to enhance operational efficiency and enable scalable growth across global markets. The company intends to pursue expansion opportunities in premium markets including the US, UK, Europe and other high-value territories, as well as continuing to develop its Asian operations through targeted investment in regional leadership and advanced technology platforms.

Looking ahead, RAS remains focused on expanding its technology capabilities and infrastructure to enhance operational efficiency and enable scalable growth across global markets. The company will pursue expansion opportunities in premium markets including the US, UK, Europe and other high-value territories by capitalising on its established data, technology and trading expertise. Building on the Hong Kong acquisition, RAS continues to develop its Asian operations through targeted investment in regional leadership and advanced technology platforms.