Professional
Added to YB: 2026-03-05
Pitch date: 2026-03-03
RTH.AX [bullish]
RAS Technology Holdings Limited
Author Info
Company Info
RAS Technology Holdings Limited provides data, content, software as a service (SaaS) solution, and digital and media services in Australia, the United Kingdom, the United States, Asia, and internationally.
Market Cap
AUD 37.4M
Pitch Price
AUD 0.80
Price Target
N/A
Dividend
N/A
EV/EBITDA
22.28
P/E
-138.20
EV/Sales
1.32
Sector
Professional Services
Category
turnaround
Tauranga Investments | February 2026 Update - RAS Technology Holdings Limited
RTH.AX (added to position): Rev +38% to $13.9M, ARR $24.6M. Stake contract loss in May offset by new LeoVegas deal. Built Managed Trading Services team (higher-margin offering vs outsourced). Cost base elevated from MTS buildout but largely in place. Profits/FCF down near-term but positioned for inflection as new contracts flow through higher-margin model. $37M mkt cap cheap if MTS wins tip into profitability.
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