Readytech Holdings Ltd. · ASX:RDY
Readytech — FY2025 Earnings Presentation
22 slides from Readytech's earnings presentation, Aug 27, 2025
Slide 1: FY25 Full Year Results Investor Presentation
NZ Ministry of Justice // Jan 2025 1 ASX:RDY For personal use only FY25 Full Year Results Investor Presentation 27 August 2025 Marc Washbourne – Co-Founder & CEO Nimesh Shah – Chief Financial Officer
Slide 2: Supporting communities at scale
Next generation, mission- critical software crafted to Supporting communities at scale closely meet customer needs across human led sectors 2+ $28+ Students, apprentices and job Payroll processed annually through our million billion seekers through our software software for 1+ million employees For
Slide 3: Financial & operational highlights
Financial & operational highlights SaaS subscription revenue Total revenue Underlying cash EBITDA* New business wins** & strong Q4 exit $102.7m $121.8m $19.5m $15.4m Increase of 7.6% Increase of 7.1% Cash EBITDA* margin of 16.0% 2H FY25: $10.5m For personal use only (FY24: 17.8%) High conviction gro
Slide 4: Key highlights in FY25
Key highlights in FY25 Workforce Solutions Record year for new business of $5.4m, with largest single contract win to date of over $1.0m and first wins in new industry verticals of education and hospitals. Momentum with For personal use only contract wins across the flagship Education & Work Pathway
Slide 5: Key highlights in FY25 (cont'd)
Key highlights in FY25 (cont’d) • Strategic capability acquisition of CouncilWise Property & Rating engine well integrated and strongly validated with solid book of $2.0m of new and upgrade wins in Q4 FY25, plus strong ongoing pipeline into FY26. • End-to-end Ready Community go-lives are providing c
Slide 6: ReadyTech is fuelling growth in key flagship products
ReadyTech is fuelling Deepening strategic growth in key flagship Confidence underpinned products which are poised by flagship product to gain further traction in opportunity pipeline of focus on flagship large addressable markets. $33.1m and level of procurement activity replacing customer legacy pr
Slide 7: FY25 financial performance
FY25 financial For personal use only performance
Slide 8: Financial overview
Highlights Financial overview Revenue growth up 7.1% on PCP: $ MILLIONS Subscription revenue up 7.6% to $102.7m; recurring revenue 84.3% of total revenue (FY24: 83.8%). YoY % FY25 FY24 change Net revenue retention (NRR) of 102% reflects progress across most segments offset Subscription revenue 102.7
Slide 9: Strong cashflow and balance sheet support growth initiatives
Strong cashflow and balance sheet support growth initiatives For personal use only Highlights NET DEBT AS AT 30 JUNE 2025 $ MILLIONS 30 JUN 25 30 JUN 24 Gearing remains within the Company’s target range with net leverage ratio of 0.9x as at 30 June 2025. Bank debt 60.0 50.0 During the period, bank d
Slide 10: Segment overview
Segment overview Highlights EDUCATION Total revenue growth of 7.1% underpinned by enterprise wins in most segments offset by WORKFORCE & WORK GOVERNMENT JUSTICE TOTAL project delays for Government segment in 1H FY25. SOLUTIONS PATHWAYS REVENUE (in millions) Education & Work Pathways – Education prod
Slide 11: Scaling our strategic enterprise growth
Scaling our strategic For personal use only enterprise growth
Slide 12: ReadyTech is executing growth strategy focused on flagship products
Opportunity to acquire high value, enterprise contracts with sizeable tech budgets and supported ReadyTech is by traction in accelerating customer references and reputation. executing growth strategy focused Large addressable and defensive markets with on flagship continuing movement to cloud, digit
Slide 13: Education
Education ReadyTech is well placed to accelerate multiple enterprise growth engines across the tertiary education universe 20+ TAFEs 44 Universities & 8 Large scale State ReadyTech market position 120 Private Higher Ed Government solidifying – better placed than ever to capitalise on ReadyTech's bre
Slide 14: Workforce Solutions
Workforce Solutions ReadyTech is winning in the stand-up economy through deep vertical focus and excellence in execution Why our vertical strategy is winning: Record FY25 with core vertical wins and momentum Deep domain expertise & True cloud, mobile-first software building for FY26 understanding of
Slide 15: CouncilWise acquisition integrated and driving momentum
CouncilWise acquisition Local Government integrated and driving Complete ERP ready to meet needs of modern council, unlocking large scale cloud transition opportunity momentum Property & Rates Completed 1H Planning & Development AI Augmented • End-to-end product bottleneck Licensing and Compliance C
Slide 16: Local Government
Local Government Strong addressable market position with service digitisation agenda and cloud transition to drive growth Scale – ReadyTech benefits from position as a leading provider at scale with relationships with 280+ Local Government customers who For personal use only are well distributed acr
Slide 17: Justice
Justice Experiencing growth and expansion of conviction pipeline as sector digital transformation accelerates WHY WE ARE WINNING CUSTOMERS Growth drivers for Justice sector Product-market fit Deep domain expertise Citizen-centric justice case management solutions Massive legacy technology with servi
Slide 18: Strategic investment in AI for internal productivity and new products
Strategic investment in AI for internal productivity and new products Poised for rapid acceleration to elevate products, maximise customer value, and transform internal efficiency at scale Smart Analysis Process Automation AI RPL – Ready Student Recognition of Prior Learning Smart Match – Ready Work
Slide 19: Planner Assist for Local Government
WHAT IT • AI-powered clause-by-clause compliance check on every application EXAMPLE DOES • Flags issues, recommends next steps, drafts RFIs & reports for planner review • Planner retains full control – outputs editable before finalisation Planner Assist • Delivers rapid assessment on submission, bef
Slide 20: Flagship product strategy ready to drive future growth
Flagship product strategy ready to drive future growth Outlook statement FY26 revenue to be projected in the range of For personal use only $132-135 million with FY27 revenue in the range of $150-153 million. Revenue growth underpinned by $10.5 million of confirmed wins^ in 2H FY25 and a high convic
Slide 21: Disclaimer
Disclaimer This presentation has been prepared by ReadyTech Holdings Limited for professional investors. The information contained in this presentation is for information purposes only and does not constitute an offer to issue, or arrange to issue, securities or other financial products. The informa
Slide 22: For more information
For more information: Luke Maffei Automic Group t. +61 403 193 579 e. luke.maffei@automicgroup.com.au About ReadyTech For personal use only ReadyTech is a leading provider of mission-critical SaaS for the education, employment services, workforce management, government and justice sectors. Bringing