ReadyTech wins Victorian TAFE student-management contract amid FY26 slowdown
ReadyTech reported first-half FY26 revenue up 5.6% to $61.6m, but underlying EBITDA fell to $17.5m as its margin decreased to 28.4% while it increased investment in AI and enterprise capabilities. It was selected as the student management system provider for the Victorian TAFE Network, covering all 11 Victorian TAFE institutes for an initial five-year term, while takeover interest from Topicus.com continues.