RAS Technology Holdings Limited (ASX:RTH), a leading independent provider of premium data and content, trading solutions, and digital media and publishing services to the global racing and wagering industries, has announced its financial results for the year ended 30 June 2026 (FY2026). The company reported a robust 34% increase in revenue, reaching $28.4 million, up from $21.3 million in FY2025. Normalised EBITDA saw a modest rise of 3% to $3.0 million, reflecting strategic investments made throughout the period.
Key operational highlights include a new four-year agreement with Tabcorp for industry-leading data and content services. RAS Technology also secured a full racing solution agreement with the LeoVegas Group in the UK and expanded its Managed Trading Service relationships with Stakemate and Fairplay Exchange. Growth was observed across all three business verticals, significantly bolstered by the first full 12-month contribution from its Asian operation.
RAS CEO & MD Stephen Crispe noted FY2026 was a year of significant investment to build long-term capability, with a deliberate focus on expanding its trading team, Managed Trading Service, and Asian operations. This strategic prioritisation, aimed at expanding addressable markets and driving future earnings growth, resulted in a normalised net loss after tax of $0.3 million for the year, compared to a $1.1 million profit in the prior period.
At year-end, Annualised Recurring Revenue (ARR) stood at $23.5 million, an 8% increase year-on-year, and normalised operating cash flow was positive at $2.7 million. For FY2027, RAS Technology plans to further extend its use of artificial intelligence and automation to drive product development, improve scalability, and expand content. These initiatives are expected to support operating leverage and earnings growth, built on its proprietary racing database within dynamic global markets.
