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Change Financial Ltd ( (AU:CCA) ) just unveiled an update.
Change Financial reported record March-quarter customer receipts of US$4.5m and revenue of US$4.3m, with about 72% of year-to-date revenue coming from recurring streams. Underlying EBITDA nearly doubled year on year to US$0.7m for the quarter, while cash holdings rose to US$3.0m with no debt, underscoring improved profitability and balance sheet strength.
The company’s Vertexon PaaS platform continued to scale, with more than 119,000 active revenue-generating cards, two new PaaS clients signed in Australia and four contracted clients currently being onboarded. A new strategic partnership with global issuer-processor Paymentology and the go-live of embedded finance client Hnry, including migration of over 30,000 debit cards and an early authenticated B2B agentic AI transaction, reinforce Change Financial’s positioning as a modern payments infrastructure provider, and the company reaffirmed its FY26 revenue and EBITDA guidance.
More about Change Financial Ltd
Change Financial Limited is an ASX-listed fintech that provides payments-as-a-service (PaaS) and related card-issuing solutions through its Vertexon platform. The company focuses on enabling fintechs, digital banks and program managers to launch and scale card programs, with a growing footprint in Australia and New Zealand and an emphasis on recurring, transaction-based revenue streams.
Average Trading Volume: 493,530
Technical Sentiment Signal: Buy
Current Market Cap: A$60.76M
For a thorough assessment of CCA stock, go to TipRanks’ Stock Analysis page.