Brief: Readytech Holdings Sees EBITDA Margin To Reach High 30% By Fy27

Readytech Holdings

27/02/2024 24:40

Feb 27 (Reuters) - Readytech Holdings Ltd  RDY.AX :
    * UPDATED MEDIUM-TERM OUTLOOK WITH ORGANIC REVENUE EXPECTED
TO
EXCEED A$170.0 MILLION AND EBITDA MARGIN TO REACH HIGH 30% BY
FY27
    * SEES EBITDA MARGIN TO REACH HIGH 30% BY FY27
    * FOR FY24, RETAINS EBITDA MARGIN IN RANGE OF 34-35%
(EXCLUDING
IMPACT OF LTIP)
    * NOW EXPECT THE  GROWTH RATE FOR FY24 TO BE IN THE LOW
DOUBLE
DIGITS

Source text for Eikon:  ID:nASX283LtN 
Further company coverage:  RDY.AX 

 ((Reuters.Briefs@thomsonreuters.com;))