RAS Technology Holdings Limited ( (AU:RTH) ) has shared an update.
RAS Technology Holdings Limited reported a 33% increase in revenue to $10.07 million for the first half of FY25, driven by strategic investments and partnerships. The company has made a significant acquisition in Hong Kong, positioning itself for further growth in Asia, and has seen substantial growth in its UK operations, with annualized recurring revenue up by 68%. These developments underscore RAS’s commitment to expanding its international strategy and enhancing its competitive positioning in the global racing and wagering markets.
More about RAS Technology Holdings Limited
RAS Technology Holdings Limited is a leading provider of fully integrated premium data, enhanced content, and technology solutions to the global racing and wagering industries. The company focuses on expanding its market presence globally, with a particular emphasis on the UK and Asian markets.
YTD Price Performance: -24.44%
Average Trading Volume: 115,970
Technical Sentiment Consensus Rating: Buy
See more data about RTH stock on TipRanks’ Stock Analysis page.