RAS Technology Holdings Limited (AU:RTH)
ASX:RTH
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RAS Technology Holdings Limited
(Sydney:RTH)
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Rating:59Neutral
Price Target:
AU$0.72
▼(-24.90% Downside)
Action:Reiterated
Date:05/07/26
The score is anchored by improved financial performance and low balance-sheet risk (profitability and cash flow rebounded in FY2025, with very low leverage). Offsetting this, technical signals are weak (price below all key moving averages and negative MACD), and valuation is constrained by a negative P/E and no dividend yield provided.
Positive Factors
Conservative balance sheet
Very low leverage and a solid equity base provide durable financial flexibility. This reduces refinancing and solvency risk across cycles, supports investment in product development or M&A, and helps the company withstand fluctuations in the racing/sports market over the next several months.
Negative Factors
Thin net margins
Modest net profitability limits the company's capacity to absorb cost inflation, invest aggressively in R&D or sales, and build reserves. Over a multi-month horizon, thin margins reduce resilience to revenue shocks and constrain the pace at which profitability can scale.
Read all positive and negative factors
Positive Factors
Negative Factors
Conservative balance sheet
Very low leverage and a solid equity base provide durable financial flexibility. This reduces refinancing and solvency risk across cycles, supports investment in product development or M&A, and helps the company withstand fluctuations in the racing/sports market over the next several months.
Read all positive factors
RAS Technology Holdings Limited (RTH) vs. iShares MSCI Australia ETF (EWA)
Market Cap
AU$26.82M
Dividend YieldN/A
Average Volume (3M)26.66K
Price to Earnings (P/E)―
Beta (1Y)0.25
Revenue Growth34.48%
EPS Growth-165.12%
CountryAU
Employees67
SectorTechnology
Sector Strength88
IndustrySoftware - Infrastructure
Share Statistics
EPS (TTM)>-0.01
Shares Outstanding47,885,900
10 Day Avg. Volume15,892
30 Day Avg. Volume26,662
Financial Highlights & Ratios
PEG Ratio-0.34
Price to Book (P/B)2.93
Price to Sales (P/S)1.99
P/FCF Ratio14.35
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
AU$1.58Price Target Upside64.58% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering1
EPS Forecast (FY)<0.01
Revenue Forecast (FY)AU$29.70M
RAS Technology Holdings Limited Business Overview & Revenue Model
Company Description
RAS Technology Holdings Limited furnishes comprehensive data, digital content, and cloud-based software solutions tailored for the global racing and betting industries. Its operations extend across Australia, the United Kingdom, the United States,...
How the Company Makes Money
The company generates revenue through the sale of its data and analytics solutions, which are licensed to racing and sports organizations, wagering operators, and media outlets. Key revenue streams include recurring subscription fees for its softw...
RAS Technology Holdings Limited Financial Statement Overview
Summary
Income Statement
63
Positive
Balance Sheet
82
Very Positive
Cash Flow
74
Positive
| Breakdown | TTM | Jun 2025 | Jun 2024 | Jun 2023 | Jun 2022 | Jun 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 25.13M | 21.27M | 16.18M | 11.72M | 8.33M | 5.29M |
| Gross Profit | 9.75M | 9.74M | 4.35M | 1.59M | 8.33M | 3.35M |
| EBITDA | 1.78M | 1.84M | 543.00K | -1.00M | -2.83M | 2.63M |
| Net Income | -264.00K | 526.00K | -381.00K | -1.30M | -2.99M | 1.58M |
Balance Sheet | ||||||
| Total Assets | 21.59M | 21.82M | 19.47M | 18.04M | 18.29M | 18.23M |
| Cash, Cash Equivalents and Short-Term Investments | 4.39M | 5.67M | 8.35M | 8.68M | 10.77M | 2.05M |
| Total Debt | 278.00K | 454.00K | 785.00K | 1.09M | 1.14M | 630.00K |
| Total Liabilities | 7.30M | 7.38M | 6.87M | 5.46M | 4.46M | 4.00M |
| Stockholders Equity | 14.29M | 14.43M | 12.60M | 12.58M | 13.83M | 14.23M |
Cash Flow | ||||||
| Free Cash Flow | 2.68M | 2.94M | -30.00K | -1.93M | -3.80M | 1.83M |
| Operating Cash Flow | 2.83M | 3.04M | 2.31M | 64.00K | -1.72M | 2.95M |
| Investing Cash Flow | -7.09M | -6.94M | -2.34M | -1.91M | -2.08M | -1.12M |
| Financing Cash Flow | -343.00K | 1.02M | -305.00K | -236.00K | 12.52M | -728.00K |
RAS Technology Holdings Limited Technical Analysis
Negative
0.96
Price Trends
0.64
Negative
0.71
Negative
0.84
Negative
Market Momentum
-0.01
Positive
33.37
Neutral
10.34
Positive
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:RTH, the sentiment is Negative. The current price of 0.96 is above the 20-day moving average (MA) of 0.63, above the 50-day MA of 0.64, and above the 200-day MA of 0.84, indicating a bearish trend. The MACD of -0.01 indicates Positive momentum. The RSI at 33.37 is Neutral, neither overbought nor oversold. The STOCH value of 10.34 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for AU:RTH.
RAS Technology Holdings Limited Peers Comparison
UnderperformOutperform
Sector (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
61 Neutral | $37.18B | 12.37 | -10.20% | 1.83% | 8.50% | -7.62% | |
59 Neutral | AU$26.82M | -99.93 | -1.84% | ― | 34.48% | -165.12% | |
48 Neutral | AU$5.19M | -1.89 | -53.27% | ― | 5.00% | -1714.29% | |
45 Neutral | AU$5.74M | -2.37 | -658.94% | ― | 2.54% | 56.90% | |
40 Underperform | AU$8.02M | -2.32 | -429.54% | ― | 1.42% | 71.28% |
* Technology Sector Average
AU:RTH
RAS Technology Holdings Limited
0.56
-0.36
-39.13%
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RAS Technology Holdings Limited Corporate Events
RAS Technology Appoints New Director With No Declared Security Interests
Apr 2, 2026
RAS Technology Holdings Limited has announced the appointment of David Zeffman as a director effective 1 April 2026, updating the market in line with ASX disclosure requirements. The initial director’s interest notice confirms that Zeffman h...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.