RAS Technology Holdings Boosts ARR with Strategic Acquisitions and Partnerships

An announcement from RAS Technology Holdings Limited ( (AU:RTH) ) is now available.

RAS Technology Holdings Limited has announced a significant increase in its annualised recurring revenue (ARR), now standing at $21.1 million, boosted by new customer acquisitions and contract extensions. The recent acquisition of Hong Kong-based racing data and editorial publications has contributed $1.1 million to the ARR, enhancing the company’s revenue base and market presence. The company has secured several strategic partnerships and deals, including collaborations with Pragmatic Play, Metric Gaming, and Entain, which are expected to drive further growth and solidify its market position. The successful integration of the Hong Kong acquisition and a strong pipeline of opportunities position RAS for continued growth into FY26.

The most recent analyst rating on (AU:RTH) stock is a Buy with a A$1.66 price target. To see the full list of analyst forecasts on RAS Technology Holdings Limited stock, see the AU:RTH Stock Forecast page.

More about RAS Technology Holdings Limited

RAS Technology Holdings Limited is a leading provider of integrated data, content, and technology solutions for the global racing and wagering industries. The company focuses on delivering premium data and enhanced content services, leveraging its expertise to cater to the needs of the racing and sports sectors.

Average Trading Volume: 37,782

Technical Sentiment Signal: Sell

For detailed information about RTH stock, go to TipRanks’ Stock Analysis page.