Change Financial Ltd (CCA) AI Stock Analysis

• Market Cap: $58.38M
• Dividend Yield: N/A
• Average Volume (3M): 486.01K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.11
• Revenue Growth: 51.36%
• EPS Growth: -6.67%
• Country: AU
• Employees: 79
• Sector: Technology
• Sector Strength: 94
• Industry: Information Technology Services
• EPS (TTM): >-0.01
• Shares Outstanding: 686,853,000
• 10 Day Avg. Volume: 354,737
• 30 Day Avg. Volume: 486,009
• PEG Ratio: N/A
• Price to Book (P/B): 0.00
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 0.00
• Enterprise Value/Market Cap: 0.59
• Enterprise Value/Revenue: 3.26
• Enterprise Value/Gross Profit: 11.35
• Enterprise Value/Ebitda: -16.31
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: Hold
• Number of Analyst Covering: 1

• Rating: 51 Neutral
• Price Target: AU$0.00 ▼(-100.00% Downside)

The overall stock score is primarily influenced by positive technical indicators showing bullish momentum, tempered by poor financial performance with significant profitability issues. Valuation concerns are also present due to negative earnings and lack of dividend yield, highlighting fundamental weaknesses.

Change Financial Ltd Business Overview & Revenue Model

Company Description

Change Financial Limited, a fintech company, offers payment-as-a-service solutions in South East Asia, Oceania, Latin America, the United States, and internationally. It provides Vertexon PaaS, a physical and virtual card issuing and transaction processing platform; and PaySim, payment testing solution. The company was formerly known as ChimpChange Limited and changed its name to Change Financial Limited in July 2017. Change Financial Limited was incorporated in 2011 and is based in Brisbane, Australia.

How the Company Makes Money

Change Financial Ltd generates revenue through its fintech platform, which provides software-as-a-service (SaaS) solutions to financial institutions. The company earns money by charging subscription fees for the use of its platform, as well as transaction-based fees for payment processing and card issuing services. Additionally, Change Financial may engage in strategic partnerships with banks and other financial entities to expand its service offerings and customer base, contributing to its overall revenue growth.

Change Financial Ltd Financial Statement Overview

Summary

Change Financial Ltd shows potential in revenue growth, but profitability remains a key issue with negative margins and cash flow challenges. The balance sheet is stable with low leverage, but the company struggles to convert equity into returns. Overall, significant work is needed to enhance operational efficiency and profitability.

Income Statement

Change Financial Ltd displayed a significant revenue growth of 21.64% from the previous year, indicating a positive trajectory in sales. However, the company continues to face challenges with profitability as evidenced by a negative EBIT margin of -8.63% and a net profit margin of -24.44%. This points to ongoing operational inefficiencies and cost management issues. Despite the improvement in revenue, the overall profitability remains a concern.

Balance Sheet

The company maintains a relatively low debt-to-equity ratio of 0.03, suggesting conservative leverage and potential for future borrowing if needed. However, the return on equity is negative at -43.71%, reflecting the ongoing struggles to generate positive returns for shareholders. The equity ratio is healthy at 45.41%, indicating a solid equity base relative to total assets, but the balance sheet reveals a need for improved profitability to enhance shareholder value.

Cash Flow

Free cash flow remains negative, although it improved compared to the prior year, indicating better cash management. The operating cash flow to net income ratio is 0.18, suggesting challenges in converting income into cash. The overall negative cash flow from operations highlights the need for stronger operational performance to support cash generation.

Breakdown	Jun 2024	Jun 2023	Jun 2022	Jun 2021	Jun 2020
Income Statement
Total Revenue	10.51M	8.64M	8.16M	6.13M	4.10K
Gross Profit	3.06M	-795.08K	-2.88M	-1.54M	-2.62M
EBITDA	-621.17K	-1.26M	-2.53M	-2.31M	-3.26M
Net Income	-2.57M	-2.92M	-3.77M	-3.48M	-3.51M
Balance Sheet
Total Assets	12.94M	15.30M	10.35M	12.72M	3.56M
Cash, Cash Equivalents and Short-Term Investments	2.59M	5.35M	1.50M	4.02M	2.97M
Total Debt	156.93K	136.25K	1.29M	561.76K	332.68K
Total Liabilities	7.07M	6.86M	7.00M	5.70M	1.23M
Stockholders Equity	5.88M	8.44M	3.34M	7.02M	2.33M
Cash Flow
Free Cash Flow	-2.39M	-3.12M	-4.08M	-3.02M	-4.16M
Operating Cash Flow	-464.97K	-1.59M	-2.64M	-2.32M	-4.16M
Investing Cash Flow	-2.09M	-1.80M	-1.26M	-5.17M	347.65K
Financing Cash Flow	-102.15K	6.89M	710.79K	7.56M	3.97M

Change Financial Ltd Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 0.08
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:CCA, the sentiment is Positive. The current price of 0.08 is below the 20-day moving average (MA) of 0.08, above the 50-day MA of 0.08, and above the 200-day MA of 0.07, indicating a bullish trend. The MACD of <0.01 indicates Positive momentum. The RSI at 55.39 is Neutral, neither overbought nor oversold. The STOCH value of 50.79 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for AU:CCA.

Change Financial Ltd Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	68 Neutral	¥241.26B	15.54	6.62%	2.44%	9.22%	2.43%
COS	66 Neutral	AU$110.10M	12.03	12.90%	4.05%	23.66%	-7.71%
KYP	63 Neutral	AU$125.31M	145.00	3.26%	―	5.37%	-45.95%
CCG	61 Neutral	AU$31.29M	65.56	1.16%	6.20%	48.72%	―
CCA	51 Neutral	$58.38M	―	-39.85%	―	51.36%	-6.67%
EMCHF	―	$257.25M	34.21	7.22%	―	―	―
CCR	61 Neutral	AU$99.79M	―	-7.65%	―	20.24%	27.33%

Change Financial Ltd Corporate Events

Change Financial Ltd Reports Q4 FY25 Results, Emphasizing Innovation in Payment Solutions

Change Financial Ltd has announced its Q4 FY25 results, highlighting its role in delivering innovative and scalable payment solutions. The company has achieved significant revenue distribution from its core services, with a focus on expanding its presence in the global banking and payments ecosystem. This announcement underscores Change Financial’s commitment to leveraging its proprietary technology to enhance its market positioning and provide value to its stakeholders.

Change Financial Ltd Achieves Record Revenue and Positive Cash Flow in Q4 FY25

Change Financial Ltd reported a strong Q4 FY25, achieving record quarterly revenue of US$4.0 million, a 26% increase from the previous year. The company has successfully transitioned to positive cash flow, marking a significant milestone in its operations. With a 3-year revenue CAGR of 22% and a positive outlook for FY26, Change Financial is poised for continued growth, driven by its enhanced sales and marketing strategy and the expansion of its Vertexon and PaySim platforms.

Change Financial to Release Q4 FY25 Results and Host Investor Webinar

Change Financial Limited announced it will release its Q4 FY25 Quarterly Activities and Cashflow Reports on July 29, 2025. The company will host a live investor webinar on the same day, featuring a Q&A session with CEO Tony Sheehan and Executive Director Tom Russell. This announcement highlights Change Financial’s commitment to transparency and engagement with its stakeholders, potentially impacting investor confidence and market positioning.

Change Financial Exceeds FY25 Revenue Targets and Projects Positive Growth for FY26

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.

Change Financial Ltd Announces Cessation of 700,000 Share Rights

Change Financial Ltd has announced the cessation of 700,000 share rights due to the lapse of conditional rights, as the conditions were not met or became incapable of being satisfied. This announcement may impact the company’s capital structure and could have implications for stakeholders, as it reflects a change in the company’s securities status.