Under the radar?, page-10

I have previously owned education stocks such as 3PL. Their education software was great but they struggled to make money. The cost of selling licenses and the content churn made it a difficult business to be in.

The business model for ReadyTech is probably a little different from the pure education provider software companies. Their customers are the government , education providers and companies. The software is more of an admin/ support product. Once installed it should stay entrenched for each customer.

ReadyTechs software products both seem to be limited only to the Australian market. This will restrict The levels of growth in the future.