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ReadyTech Holdings Reports Revenue Growth Amid Significant Losses

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ReadyTech Holdings Reports Revenue Growth Amid Significant Losses

The latest update is out from ReadyTech Holdings Ltd. ( (AU:RDY) ).

ReadyTech Holdings Ltd. reported a 6.6% increase in revenues for the half-year ending December 2024, reaching $58.3 million. However, the company experienced a significant loss of $18.7 million, a stark contrast to the profit of $2.1 million in the previous year. The acquisition of CouncilWise Pty Ltd. was completed in February 2025, potentially impacting future operations and market positioning.

More about ReadyTech Holdings Ltd.

ReadyTech Holdings Ltd. operates in the technology sector, providing software solutions primarily focused on education, workforce management, and government sectors.

YTD Price Performance: 4.84%

Average Trading Volume: 68,298

Technical Sentiment Consensus Rating: Sell

Current Market Cap: A$395.3M

See more data about RDY stock on TipRanks’ Stock Analysis page.

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