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Why Did ReadyTech Post a $16.1M Loss Despite Revenue Growth?
12:29am on Saturday 30th of August, 2025 AEST
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Technology
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Why Did ReadyTech Post a $16.1M Loss Despite Revenue Growth?
12:29am on Saturday 30th of August, 2025 AEST
Key Points
7.1% revenue growth to $121.8 million in FY25
Loss after tax of $16.1 million, reversing prior year profit
Significant $19.9 million impairment in Government Justice and Procurement segment
Acquisition of CouncilWise Pty Ltd completed in February 2025
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Readytech Holdings (ASX:RDY)
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