Readytech Holdings Share Price and Company Fundamentals



Price
$3.39
Change
0.060 (1.802%)
52 week
1.63 - 3.55

Last traded: Yesterday at 6:10 AM

ReadyTech Holdings Limited provides SaaS technology for education and work pathways, workforce solutions, and government and justice markets in Australia. It operates in three segments: Education, Workforce Solutions, and Government and Justice. The Education segment offers cloud-based student and learning management systems for education and training providers to manage the student lifecycle, including student enrolment and course completion. This segment also provides platforms to help state governments to manage vocational education and training programs; software platforms for the pathways and back-to-work sector to manage apprentices and job seekers; and a competency assessment and skills profiling tools to track on-the-job training through a qualification. The Workforce Solutions segment offers payroll software, outsourced payroll services, and human resource management software solutions to assist employers with payroll and management of their employees to mid-sized company. This segment also provides human resource (HR) administration services, such as employee records, workplace health and safety, and organizational structure, as well as talent management services. The Government and Justice segment offers government and justice case management software as a service solutions to local and state governments, and justice departments; and provides asset management, property, licensing and compliance, finance, HR and payroll, and customer management products. ReadyTech Holdings Limited was founded in 1998 and is headquartered in Pyrmont, Australia.

Key Metrics

PE ratio

147.39

PB ratio

4.61

Dividend yield

Beta

1.22

Market cap

$361.54M

Enterprise value

$367.86M

Company profile

Primary activitiesThe provision of software-as-a-service and software solutions in the education and employment sectors.
Industry / SectorSoftware—Application / Technology
Full time employees365
Websitehttp://readytech.com.au
Mailing address35 Saunders Street Level 1 Pyrmont NSW 2009 Australia
Phone / Fax61 2 9018 5525 /
Share registryLINK MARKET SERVICES LIMITED

Dividends

Readytech Holdings does not pay dividends.

Company Executives

As of Sep 2021, following are the company executives and directors listed on Readytech Holdings.

NameTitleAgeTotal Pay
Mr. Marc WashbourneCEO & Exec. Director358.2k
Mr. Nimesh ShahCFO & Joint Company Sec.335.52k
Mr. Tony JonesHead of Operations & Delivery - Education and Pathways
Mr. Sam GiffneyChief Information Security Officer
Mr. Daniel WynerChief Exec. of Workforce Solutions
Mr. Michael BenyonHead of Revenue - Workforce Solutions
Ms. Amanda PalmerHead of Service Operations - Workforce Solutions
Mr. James DiamondChief Exec. of Education & Pathways
Mr. Chris SmithHead of Strategy & Innovation - Education and Pathways
Ms. Alison RitchieHead of Product & Technology - Education and Pathways

Profitability and management effectiveness

Profit margin

4.31%

Operating margin

11.16%

Return on assets

2.73%

Return on equity

3.99%

Profitability ratios are a class of financial metrics that are used to assess a business's ability to generate earnings relative to its revenue, operating costs, balance sheet assets, and shareholders' equity over time, using data from a specific point in time.

The return on equity signifies how well the management is running the company in terms of capital management. The ideal return on equity is greater than 10%. The return on equity is calculated as net income divided by total share holders equity.

Valuation and Trading Info

The market capitalization of Readytech Holdings is 361.54M and its enterprise value is 367.86M. The enterprise value to revenue ratio of RDY is 7.35.

The RDY's stocks Beta value is 1.22 making it 22% more volatile compared to ASX market index. Technology stocks and small caps tend to have higher betas than the market benchmark. This indicates that adding the stock to a portfolio will increase the portfolio’s risk, but also increase its expected return. On the other hand utility stocks often have low betas because they tend to move more slowly than market averages.

Companies similar to Readytech Holdings (RDY)

Readytech Holdings (ASX:RDY) Frequently Asked Questions

1. What is Readytech Holdings's Stock Symbol?

Readytech Holdings trades on ASX under the ticker symbol "RDY".

2. What is Readytech Holdings's stock price today?

One share of RDY stock can currently be purchased for approximately $3.39.

3. How can I contact Readytech Holdings?

Readytech Holdings's mailing address is 35 Saunders Street Level 1 Pyrmont NSW 2009 Australia. The company can be reached via phone at 61 2 9018 5525.

4. What is Readytech Holdings's official website?

The official website of Readytech Holdings is http://readytech.com.au.

5. Which share registry manages Readytech Holdings's stock?

Readytech Holdings's stock is managed by LINK MARKET SERVICES LIMITED.