Australia · Delayed Price · Currency is AUD ReadyTech Holdings Earnings Call Transcripts
Fiscal Year 2026
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FY 2026 saw modest revenue growth and margin compression, but strategic wins like the Victorian TAFE contract and AI-driven productivity gains set the stage for improved performance. Cost actions and capital discipline are expected to drive margin recovery in FY 2027 and beyond.
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H1 FY 2026 saw 5.6% revenue growth to AUD 61.6 million, driven by flagship products but offset by mature portfolio headwinds and elongated sales cycles. FY 2026 guidance was revised down, with a focus on portfolio simplification, AI investment, and accelerating enterprise execution.
Fiscal Year 2025
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Revenue grew 7.1% to $121.8M in FY 2025, with strong H2 momentum and $15.4M in new business. FY 2026 revenue is projected at $132M–$135M, driven by a robust pipeline, AI initiatives, and segment rebounds, especially in local government.
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Revenue grew 6.6% YoY to AUD 58.3 million, with strong enterprise pipeline and margin expansion expected. Government segment underperformance was addressed via acquisition, supporting a return to mid-teens growth and a revised FY2027 revenue target of AUD 160–170 million.
Fiscal Year 2024
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Delivered 10.2% revenue growth and 11.5% EBITDA growth, driven by strong SaaS adoption and enterprise wins. Outlook calls for accelerated revenue growth, margin expansion, and continued investment in AI and cloud migration, with a medium-term revenue target of AUD 170 million.