• Revenue up 38.3% to $13.93 million
• Loss of $391,000 due to non-recurring items
• Annualised Recurring Revenue (ARR) up 34% to $24.60 million

RAS Technology Holdings Limited, trading as Racing and Sports, reported strong financial results for the half-year ended 31 December 2025. Revenue increased by 38.3% to $13.93 million, underpinned by growth across all key business units, including Digital, Media and Publications, Wagering Technology, and Enhanced Information Services (Data services). The company's Annualised Recurring Revenue (ARR) also grew by 34% to $24.60 million, reflecting increased contracted revenue. However, the company reported a loss of $391,000, primarily due to non-recurring items such as redundancy costs and an adjustment to the long-term incentive (LTI) plan vesting. The company continued to invest heavily in its proprietary full racing solution, including a Managed Trading Service (MTS) and the expansion of its Asia-Pacific operations, particularly in Hong Kong. These investments are expected to open significant new revenue growth opportunities globally and in the Asia-Pacific region. The company also strengthened its foundations by investing in existing capabilities to improve resilience and support long-term scalability, efficiency, and reliability. Looking ahead, the company remains focused on executing key growth initiatives, including the continued development of its complete racing solutions, expansion in Asia, strengthening of its foundations, and driving growth in the UK market. The company also intends to continue leveraging existing partnerships and exploring new strategic partnerships and acquisitions to support its growth ambitions.

The company did not provide any high-importance, price-sensitive forward-looking financial metrics.

In FY26, the company will continue to execute on key growth initiatives, including the development of its proprietary full racing solution, expansion in the Asia-Pacific region (particularly in Hong Kong), strengthening of its foundations, and driving growth in the UK market. The company also intends to continue leveraging existing partnerships and exploring new strategic partnerships and acquisitions to support its growth ambitions.