STH - StepChange Holdings

StepChange Holdings is a leading provider of consulting services which aim to streamline core business processes of client businesses (known as Enterprise Resource Planning or ERP), with a specific focus on ERP transformation services and solutions (such as modernising or upgrading client ERP systems to better align with their business objectives and improve efficiencies) and implementation services and solutions.

StepChange delivers these services primarily through the use of ERP software modules developed and provided by SAP, a global leading provider of ERP software. StepChange's key service capabilities can be broadly categorised as services in connection with:

(a) Technology and Innovation;
(b) Leadership and Strategy; and
(c) ERP and Applications.

Additionally, StepChange has an emerging capability in providing Sustainability Affairs Support which involves providing project team members to assist in the use of ERP software systems (or modules) that support the client’s subject-matter experts in the tracking and implementation of client ESG strategies to ensure alignment with the overall client organisation strategy and goals.

StepChange provides these services via a team of approximately 150 personnel, delivering transformation solutions to global and local businesses.

StepChange also boasts a track record of strong financial performance, recording approximately $42.8 million of revenue and $3.65 million of EBITDA in FY24, continuing a history of profitability.

It is anticipated that STH will list on the ASX during July 2025.