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RPMGlobal Holdings Ltd ( (AU:RUL) ) has shared an announcement.
RPMGlobal Holdings Limited has announced a reduction in its projected FY2026 corporate costs following the divestment of its Advisory business to SLR Consulting Pty Ltd. The company expects its annual corporate costs to decrease significantly, with a new run rate of $11.3 million from July 2025, down from $15.8 million prior to the sale. This reduction is attributed to decreased costs in several areas, including third-party software, financial reporting, and other corporate expenses. The divestment marks a transitional phase for RPMGlobal, allowing the company to focus on its core software business, which is also expected to see a decrease in annual costs.
The most recent analyst rating on (AU:RUL) stock is a Buy with a A$2.90 price target. To see the full list of analyst forecasts on RPMGlobal Holdings Ltd stock, see the AU:RUL Stock Forecast page.
More about RPMGlobal Holdings Ltd
RPMGlobal Holdings Limited, listed on the Australian Securities Exchange, is a global leader in mining software solutions and professional development services for the mining industry. With over 50 years of experience, RPMGlobal supports mining clients in enhancing value throughout the mining lifecycle, delivering safer and more efficient operations in over 125 countries.
Average Trading Volume: 415,726
Technical Sentiment Signal: Strong Buy
Current Market Cap: A$641.4M
For detailed information about RUL stock, go to TipRanks’ Stock Analysis page.