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RAS Technology Holdings Limited ( (AU:RTH) ) has issued an update.
RAS Technology Holdings Limited reported a strong financial performance for FY25, with a 31% increase in total revenue to $21.3 million, driven by market expansion and new product launches. The company’s acquisition of Hong Kong-based businesses has established a significant presence in Asia’s wagering market, providing a platform for regional growth. In Europe, RAS has strengthened its position through exclusive partnerships, notably with Pragmatic Play, enhancing its market credibility and service offerings.
The most recent analyst rating on (AU:RTH) stock is a Hold with a A$1.00 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 operates in the racing and sports industry, providing data, content, and trading services. The company focuses on expanding its market presence globally, with significant operations in Asia-Pacific and Europe, and offers a range of digital products and solutions to enhance its competitive positioning.
Average Trading Volume: 39,928
Technical Sentiment Signal: Strong Buy
Current Market Cap: A$54.03M
Learn more about RTH stock on TipRanks’ Stock Analysis page.