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RAS Technology Holdings Limited ( (AU:RTH) ) just unveiled an update.
RAS Technology Holdings Limited reported a significant financial performance for the year ending June 2025, with revenues increasing by 31.4% to $21.27 million and profits after tax rising by 237.9% to $526,000. The company’s strategic investments, including the acquisition of a Hong Kong business and enhancements in IT capabilities, have contributed to its growth, although they have also led to a reduction in cash assets. The company anticipates further growth opportunities, particularly in Asia, by offering a comprehensive racing solution.
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 technology sector, focusing on providing data services and solutions, particularly in the racing industry. The company has expanded its market presence with strategic acquisitions, including a suite of Hong Kong publications and a data service, aiming to enhance its offerings and market reach.
Average Trading Volume: 36,035
Technical Sentiment Signal: Buy
See more data about RTH stock on TipRanks’ Stock Analysis page.