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Change Financial Ltd ( (AU:CCA) ) has issued an announcement.
Change Financial Limited has announced that it exceeded its FY25 revenue guidance, achieving a 42% increase from FY24 with a revenue of US$15.1 million. The company expects to deliver its first positive Underlying EBITDA result for FY25. For FY26, Change Financial anticipates revenue between US$16.5 million and US$18.0 million, with a significant increase in Underlying EBITDA. The company expects to be net cash flow positive, marking a significant milestone as it continues to scale and improve its EBITDA margin with incremental client wins.
More about Change Financial Ltd
Change Financial Limited is a global fintech company that leverages innovative and scalable technology to provide tailored payment solutions, card issuing, and testing services to banks and fintechs. The company operates a Payments as a Service (PaaS) platform called Vertexon, which integrates with banks and fintechs’ core systems to deliver digital and virtual card solutions. Change Financial’s technology supports over 150 clients across more than 40 countries, managing and processing over 27 million credit, debit, and prepaid cards worldwide.
Average Trading Volume: 273,718
Technical Sentiment Signal: Buy
Current Market Cap: A$48.08M
For a thorough assessment of CCA stock, go to TipRanks’ Stock Analysis page.