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Findi ( (AU:FND) ) has issued an update.
Findi Limited has announced a series of strategic initiatives to bolster its financial position and operational capabilities. The company has secured a new A$30 million debt facility to replace existing notes and unlock restricted cash, which will support its expansion plans in India, including the rollout of the BC Max branch program and the Brown Label ATM network. Additionally, Findi is set to acquire Sphere, a company specializing in bank-grade loyalty, rewards, and ESG technology, which will enhance its ecosystem and create new revenue opportunities. The acquisition will also strengthen Findi’s ESG credentials ahead of its planned Indian IPO. Despite facing some operational challenges in the first half of FY26, Findi expects a strong rebound in the second half, with significant growth in revenue and EBITDA projected.
The most recent analyst rating on (AU:FND) stock is a Sell with a A$2.50 price target. To see the full list of analyst forecasts on Findi stock, see the AU:FND Stock Forecast page.
More about Findi
Findi Limited is a digital payments and financial services provider. The company focuses on enhancing its technology capabilities and expanding its operations, particularly in the Indian market, as it prepares for a planned IPO in FY27.
Average Trading Volume: 196,758
Technical Sentiment Signal: Hold
Current Market Cap: A$161.9M
Learn more about FND stock on TipRanks’ Stock Analysis page.