Key points
- Revenue up 34% to $28.4 million
- Normalised EBITDA up 3% to $3.0 million
- New agreements with Tabcorp and LeoVegas Group
Full summary
RAS Technology Holdings Ltd (ASX:RTH) reported strong financial results for the year ended 30 June 2026. Revenue increased by 34% to $28.4 million, driven by growth across all three business verticals. Normalised EBITDA rose 3% to $3.0 million, and Annualised Recurring Revenue (ARR) increased by 8% to $23.5 million. The company also signed new agreements with Tabcorp for a four-year term and with the LeoVegas Group in the UK. These agreements, along with the expansion of the Asian business, are expected to contribute to future earnings growth.
Guidance
Revenue up 34% to $28.4 million; Normalised EBITDA up 3% to $3.0 million
Outlook
RAS Technology Holdings Ltd plans to extend its use of AI and automation to drive product development, improve scalability, and reduce costs in FY2027.