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Spenda Limited ( (AU:SPX) ) has provided an update.
Spenda reported strong operational momentum for the quarter ended 31 December 2025, with cash receipts rising 34% quarter on quarter to $2.8 million and record payment volumes of about $227 million, underpinned by a growing base of recurring revenue. The company advanced an aggressive cost rationalisation and product simplification strategy, cutting monthly overheads by $320,000 and reducing cash burn by 21% while preserving existing revenue streams, and expects further balance sheet support from an anticipated R&D refund. Governance was reshaped with the formal appointment of Corrie Hassan as CEO and the addition of a new non-executive director, as Spenda prepares a February relaunch of its three-pillar product strategy and scales key partnerships, including APG Pay’s $50 million in processed payments this quarter, measured rollout of the upgraded Swift Statement AP solution to Capricorn members, and the national expansion of its Spenda Retail platform across Carpet Court’s store network. The focus for FY26 remains on scaling recurring income streams, executing staged customer rollouts and deepening marketplace and retail penetration to build more sustainable long-term revenue and strengthen its position in embedded finance and payments.
The most recent analyst rating on (AU:SPX) stock is a Hold with a A$0.01 price target. To see the full list of analyst forecasts on Spenda Limited stock, see the AU:SPX Stock Forecast page.
More about Spenda Limited
Spenda Limited (ASX:SPX) is an Australian provider of workflow software, embedded finance and payment solutions aimed at improving transactions across supply chains and trading networks. Its product suite is being streamlined into three core offerings: Spenda Ledger for embedded payments in marketplaces and software platforms, Spenda Pay for payment, rewards and lending functionality, and Spenda Retail, a platform helping retail businesses manage jobs, invoicing and payments, with key customers including APG Pay, Capricorn and Carpet Court.
Technical Sentiment Signal: Sell
Current Market Cap: A$10.84M
Find detailed analytics on SPX stock on TipRanks’ Stock Analysis page.