FY26 Full Year Media Release

Key points

• Total revenue of $125.0 million within revised guidance
• Subscription revenue at 83% of total revenue
• Underlying EBITDA margin of 28.1%, down from 32.5%
• Cash margin at a low point, expected to improve in FY27

Full summary

ReadyTech Holdings Limited announced its FY26 results, finishing within revised guidance. Total revenue was $125.0 million, with subscription revenue at $103.8 million, representing 83% of total revenue. Underlying EBITDA was $35.0 million at a margin of 28.1%, down from 32.5% in FY25. Cash margin reached 12.6%, impacted by the peak of the enterprise investment cycle. The company expects margins to improve in FY27.

Guidance

FY27 revenue guidance of $128-132 million with cash EBITDA margin of 15-17%

Outlook

ReadyTech expects to enter FY27 with a leaner cost base and validated enterprise strategy, anticipating further improvement in cash EBITDA margin into FY28.