Rth.Ax
RTH.AX provides software solutions and IT services, primarily generating revenue through software sales and service contracts.
Business. RTH.AX provides software solutions and IT services, primarily generating revenue through software sales and service contracts.
Analyst recommendations
1 analysts · consensus BuyAt a glance
What drives this business
The watch-list the newsroom runs for this company — derived from its sector path, sharpened layer by layer. Not investment advice.
News & coverage
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Analysis
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Upcoming catalysts
Scheduled public events. Informational only — not investment advice.
- Peers
- EarningsQ2 2026 earnings (expected)2026-07-28 · estimated · ServiceNow (NOW)
- EarningsQ2 2026 earnings (expected)2026-08-28 · estimated · Salesforce (CRM)
- Macro
- Rate decisionReserve Bank of Australia rate decision (press conf.)2026-07-08 · AU
- Rate decisionBank of Canada rate decision (press conf.)2026-07-15 · CA
- Rate decisionEuropean Central Bank rate decision (press conf.)2026-07-16 · EU
- Rate decisionBank of Japan rate decision (press conf.)2026-07-16 · JP
- Rate decisionFederal Reserve rate decision (press conf.)2026-07-29 · US
- Rate decisionBank of England rate decision (press conf.)2026-08-06 · GB
- Macro & political
- ElectionSE Swedish Election2026-09-14 · SE
- ElectionUS U.S. Midterms2026-11-03 · US
- ElectionFR French Legislative2027-06-01 · FR
Pre-earnings brief
Signals & dispatch
Composite-score breakdown
Synthesis
RTH.AX provides software solutions and IT services, primarily generating revenue through software sales and service contracts.
RTH.AX maintains a strong liquidity position with a current ratio of 1.72, indicating the company can cover its short-term liabilities with its short-term assets. However, the company has a negative net cash position after subtracting total debt, which raises liquidity concerns. The debt-to-equity ratio is low at 0.03, suggesting minimal leverage and a conservative capital structure.
Profitability metrics for RTH.AX show a return on equity of 3.64% and a return on assets of 2.41%, which are below the industry median for software companies. This indicates that the company is not generating returns as efficiently as its peers. The operating margin is 1.14% (calculated from operating income of 252,000 AUD on revenue of 22,044,000 AUD), which is also below the industry median.
Geographically, RTH.AX's revenue is concentrated in a single market, with no disclosed diversification across regions. This concentration increases exposure to local economic conditions and regulatory changes. The company's revenue is primarily derived from software sales and IT services, with no significant diversification across product lines.
The company's growth trajectory is modest, with no significant revenue growth reported in the latest financial period. The operating cash flow of 3,040,000 AUD supports operations, but the free cash flow is negative at -212,000 AUD, indicating that capital expenditures are outpacing cash generation. The capital expenditure of -2,838,000 AUD suggests ongoing investment in infrastructure and technology.
RTH.AX faces moderate liquidity risk due to its negative net cash position and low debt-to-equity ratio. The company has a low dilution risk, with no near-term pressure for additional share issuance. The risk assessment indicates that the company's liquidity position is medium, and there are no significant dilution risks in the near term.
Recent events and filings do not indicate any material changes in the company's operations or financial position. The company's IR observations show a mean price target of 1.58 AUD, with a strong-buy recommendation from one analyst. No significant events or filings have been disclosed that would impact the company's financial performance in the near term.
- RTH.AX has a conservative capital structure with a low debt-to-equity ratio of 0.03.
- The company's profitability metrics, including return on equity and operating margin, are below the industry median.
- RTH.AX's revenue is concentrated in a single market, increasing exposure to local economic conditions.
- The company has a negative free cash flow, indicating that capital expenditures are outpacing cash generation.
- RTH.AX faces moderate liquidity risk due to its negative net cash position.
- The company has a low dilution risk, with no near-term pressure for additional share issuance.
Bull / Bear case
analysis pipelineIn focus — financials by report
Valuation
Revenue by segment
Business relationships
Supply chain
Peer comparison
Market position
Stress test
Predictor forecast
| Metric | Our forecast | Guidance | Consensus |
|---|---|---|---|
| EPS | —no estimate | —no estimate | 0,01 |
| Revenue | —no estimate | —no estimate | 29,7M AUD |
| Operating income | —no estimate | —no estimate | -200,000 AUD |
Options
Short squeeze
Earnings-call key lines
Consensus distribution
sell-side coverageEstimate revisions
consensus EPS · 26-week trendSell-side observations
Themes
ESG
Risk factors
- Net cash is negative after subtracting total debt.
Benchmarks vs cohort
Corporate actions / M&A
FX exposure
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- ESG data
- Dilution Ratio(shares_outstanding_diluted - shares_outstanding_basic) / shares_outstanding_basic
- Net Cashcash_and_equivalents + short_term_investments - short_term_debt - long_term_debt
- Capex To Revenuecapital_expenditure / revenue
- Return On Equitynet_income / total_equity
- Debt To Equity(short_term_debt + long_term_debt) / total_equity
- Cash Conversion Ratiooperating_cash_flow / net_income
- RTH.AX Market data — financials · 2026-05-29
- Ras Technology Holdings Ltd Market data — analyst estimates · 2026-05-29