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ASX: RDG
Pre-IPO placement in an Australian logistics technology company ahead of an anticipated ASX listing within 18-24 months. Placement is open to sophisticated investors only.
Ridgeline operates a freight orchestration platform used by Australian logistics operators to plan, price and track shipments across road and rail.
The company is preparing for an initial public offering and is presenting this placement to eligible investors ahead of listing.
Deployed with logistics operators across three states.
The majority of revenue is contracted on a subscription basis.
Additional customers are onboarded without proportionate cost increases.
Management team drawn from logistics and enterprise software.
| Metric | FY24 | FY25 |
|---|---|---|
| Revenue | $14.2m | $21.6m |
| Gross profit | $8.9m | $14.1m |
| EBITDA | -$3.1m | $0.4m |
Source: Company supplied, unaudited management accounts
National
OperatingCore product serving road freight operators.
New South Wales
DevelopmentExtension of the platform into rail.
Expand the customer base beyond the eastern seaboard, extend the platform into rail freight, and pursue selective acquisitions of complementary technology.
Securities acquired before listing may not be readily transferable, and a listing may not proceed.
A material share of revenue is derived from a limited number of customers.
Growth depends on delivering new product modules to schedule.
The company operates in a market with established and emerging competitors.
David Palmer Head of Investor Relations
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