RAS Technology Holdings Limited (AU:RTH)
ASX:RTH
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RAS Technology Holdings Limited
(Sydney:RTH)
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Rating:56Neutral
Price Target:
AU$0.72
▼(-24.90% Downside)
Action:ReiteratedDate:03/24/26
The score is supported primarily by improving financial performance (profitability and free-cash-flow rebound alongside low leverage), but is weighed down by weak technicals (downtrend with negative momentum) and limited valuation support due to a negative P/E and no dividend yield data.
Positive Factors
Revenue growth & profitability recovery
FY2025 shows a meaningful uplift in revenue and a return to positive net income, indicating the core product suite is gaining traction. Sustained revenue momentum and restored profitability support reinvestment in products and customer retention, underpinning multi-quarter stability.
Negative Factors
Thin margins and earnings volatility
Despite returning to profit, net margins remain thin and the company has shown material earnings and cash-flow swings historically. Low margin cushions heighten sensitivity to cost or demand shocks, constraining durable profitability and predictable free cash flow.
Read all positive and negative factors
Positive Factors
Negative Factors
Revenue growth & profitability recovery
FY2025 shows a meaningful uplift in revenue and a return to positive net income, indicating the core product suite is gaining traction. Sustained revenue momentum and restored profitability support reinvestment in products and customer retention, underpinning multi-quarter stability.
Read all positive factors
RAS Technology Holdings Limited (RTH) vs. iShares MSCI Australia ETF (EWA)
Market Cap
AU$32.08M
Dividend YieldN/A
Average Volume (3M)26.66K
Price to Earnings (P/E)―
Beta (1Y)0.31
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 provides integrated data, content, and software as a service (SaaS) solution to the racing and wagering industries in Australia, the United Kingdom, the United States, Sri Lanka, and internationally. It offers whole...
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
0.75
Negative
0.82
Negative
0.91
Negative
Market Momentum
-0.02
Negative
40.67
Neutral
53.82
Neutral
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 0.70, above the 50-day MA of 0.75, and above the 200-day MA of 0.91, indicating a bearish trend. The MACD of -0.02 indicates Negative momentum. The RSI at 40.67 is Neutral, neither overbought nor oversold. The STOCH value of 53.82 is Neutral, 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% | |
56 Neutral | AU$32.08M | -25.60 | -1.84% | ― | 34.48% | -165.12% | |
45 Neutral | AU$7.94M | -2.39 | -658.94% | ― | 2.54% | 56.90% | |
44 Neutral | AU$4.11M | -0.75 | -53.27% | ― | 5.00% | -1714.29% | |
43 Neutral | AU$6.75M | -1.59 | -429.54% | ― | 1.42% | 71.30% |
* Technology Sector Average
AU:RTH
RAS Technology Holdings Limited
0.67
-0.09
-11.84%
AU:BEO
SkyFii Limited
0.10
-0.08
-45.00%
AU:KNO
Knosys Ltd.
0.02
-0.02
-48.65%
AU:WHK
WhiteHawk Ltd.
0.01
0.00
0.00%
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...
RAS Technology outlines 1H FY26 results under strict investor disclaimers
Feb 26, 2026
RAS Technology Holdings has released an investor presentation covering its first-half fiscal 2026 results, reiterating that the material is a high-level summary of the group’s operations and financial history as at the presentation date. The...
RAS Technology Issues 509,390 Unquoted Performance Rights Under Employee Scheme
Feb 20, 2026
RAS Technology Holdings Limited has issued 509,390 unquoted performance rights under its employee incentive scheme, with the securities designated under the ASX code RTHAD. These performance rights, issued on 20 February 2026, are subject to trans...
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.