RTH FY25 Results Presentation
Stock | Ras Technology Holdings Ltd (RTH.ASX) |
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Release Time | 28 Aug 2025, 9:35 a.m. |
Price Sensitive | Yes |
RTH FY25 Results Presentation
- Sustained revenue growth driven by expansion across all business segments
- Delivered second consecutive year of net profit before tax
- Acquired Hong Kong publications and data service, diversifying revenue streams
- Continued growth in core Enhanced Information Services and accelerating Wagering Technology
RTH reported strong financial results for FY25, with revenue growing 31% to $21.3 million and the company delivering its second consecutive year of net profit before tax. The results were driven by continued expansion across all business segments, including the acquisition of a Hong Kong publications and data service which contributed to increased annual recurring revenue (ARR) and diversified the company's revenue streams. RTH also reported its first net profit after tax since its IPO, with a normalised profit of $1.1 million. The company continued to invest in product and service capability, with a net increase of $5.27 million in intangible assets during the year. RTH is positioned for global expansion, with plans to pursue growth in high-value target markets in the US, UK, Europe and emerging territories by leveraging its core data and technology assets. The company's Wagering360 white label wagering ecosystem and Managed Trading Service are also expected to be significant new growth drivers going forward. Additionally, RTH is establishing a strong presence in Hong Kong and investing in local leadership, technology and product capability to provide extensive data, digital and promotional offerings throughout the region.
RTH reported annual recurring revenue (ARR) of $21.8 million in FY25, up 16% from the prior year. The company also reported normalised EBITDA of $2.9 million, up from $1.9 million in the prior year.
RTH is positioned for continued growth in its core Enhanced Information Services business to drive fan engagement, while also accelerating growth in its Wagering Technology segment. The company plans to pursue global expansion in high-value target markets, leveraging its core data and technology assets. RTH's Wagering360 white label wagering ecosystem and Managed Trading Service are expected to be significant new growth drivers, and the company is establishing a strong presence in Hong Kong to provide extensive data, digital and promotional offerings throughout the region.