RAS Technology Holdings Reports Strong FY24 Growth

RAS Technology Holdings Limited (AU:RTH) has released an update.

RAS Technology Holdings Limited reports a robust financial performance in FY24, with a 25% increase in annualised monthly recurring revenue to $18.9 million and an overall revenue growth of 38%. The company cites successful partnerships with Playbook Engineering and Stake.com as key drivers, noting the Playbook collaboration already yielding over $1.15 million in annual revenue. Looking forward, RAS anticipates continued growth in FY25 through further service expansions and market penetration.

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