Change Financial Delivers Record H1 FY26 Revenue and First Half-Year Profit

Change Financial Ltd ( (AU:CCA) ) has shared an announcement.

Change Financial reported record first-half FY26 revenue of US$9.3 million, up 29%, driven by growth in its Vertexon PaaS and professional services, with 70% of revenue coming from recurring streams. The company’s PaaS platform is scaling, with more than 110,000 active cards and a major role as the largest non-bank debit card issuer in New Zealand, and it is now targeting similar client wins in Australia.

The group delivered underlying EBITDA of US$1.8 million and a maiden half-year net profit of US$0.6 million, supported by stable fixed costs and U.S. cost reductions that highlight emerging operating leverage. With neutral operating cash flow, no debt, cash of US$2.6 million and ongoing onboarding of new PaaS clients, Change has upgraded FY26 guidance, signalling growing financial momentum and a stronger competitive position in the payments technology market.

The most recent analyst rating on (AU:CCA) stock is a Hold with a A$0.08 price target. To see the full list of analyst forecasts on Change Financial Ltd stock, see the AU:CCA Stock Forecast page.

More about Change Financial Ltd

Change Financial Limited is an ASX-listed payments technology company that provides platform-as-a-service (PaaS) and professional services, including its Vertexon card-issuing and processing platform and PaySim products. The company focuses on recurring, transaction-based revenue from financial institutions and fintechs, with a strong presence in New Zealand and ambitions to scale further in the larger Australian market.

Average Trading Volume: 412,732

Technical Sentiment Signal: Buy

Current Market Cap: A$55.24M

For detailed information about CCA stock, go to TipRanks’ Stock Analysis page.