• Strong revenue growth of 38.3% across all business segments
• Significant investments in trading, technology and Asia to support key growth strategies
• Delivered a normalised after-tax profit of $130k in H1 FY26

RAS Technology Holdings Ltd (RTH.ASX) reported strong financial results for the first half of fiscal year 2026, with revenue growing 38.3% compared to the prior corresponding period. This growth was underpinned by expansion across all business segments, including Wagering Technology, Enhanced Information Services, and Digital/Media. The company's acquisition of the RAS Asia business in April 2025 also contributed to the revenue increase. Despite the significant investments made to support key growth strategies in trading, technology and Asia, RTH delivered a normalised after-tax profit of $130k in H1 FY26, after adjusting for non-recurring share-based payment expenses and redundancy costs. The company maintained a positive net asset position of $14.3 million and net current assets of $3.2 million as of 31 December 2025. RTH continues to invest in product and service capability, as evidenced by the increase in intangible assets on the balance sheet. The company remains focused on disciplined execution, strengthening commercial and regional partnerships in Hong Kong and broader Asia, and attracting new audiences to regional racing through innovation.

RTH expects the RAS Asia business to deliver stronger revenue and profit in H2 FY26 as it is not impacted by the Hong Kong off-season in the first half. The company also has over $3 million in B2C repeatable revenue annually from Asian publications, in addition to its Annual Recurring Revenue (ARR).

RTH is positioned for global expansion and product leadership, with plans to continue pursuing growth in high-value target markets in the US, UK, Europe and emerging territories by leveraging its core data and technology assets. The company also aims to accelerate growth for its BetBridge rapid and complete racing solution across global jurisdictions, which has the potential to be a significant new growth driver. Additionally, RTH will continue to pursue strong commercial momentum for its Managed Trading Service across global jurisdictions, managed by its highly experienced in-house Trading Team.