Raiz Invest Ltd. (RZI) AI Stock Analysis

• Market Cap: AU$66.13M
• Dividend Yield: N/A
• Average Volume (3M): 131.01K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.80
• Revenue Growth: 5.03%
• EPS Growth: 52.31%
• Country: AU
• Employees: 31
• Sector: Technology
• Sector Strength: 88
• Industry: Financial - Capital Markets
• EPS (TTM): <0.01
• Shares Outstanding: 105,390,010
• 10 Day Avg. Volume: 115,805
• 30 Day Avg. Volume: 131,015
• PEG Ratio: 44.23
• Price to Book (P/B): 33.93
• Price to Sales (P/S): 56.53
• P/FCF Ratio: 499.97
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: AU$1.06
• Price Target Upside: 67.59% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 1
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 48 Neutral
• Price Target: AU$0.62 ▼(-0.95% Downside)

The score is held back mainly by weak technical momentum (price below major moving averages, negative MACD, low RSI) and lack of profitability (negative margins/ROE, negative P/E). Offsetting these are a stable balance sheet with very low leverage and improved free cash flow.

Positive Factors

High Gross Margin

A gross margin of ~74% indicates the core platform and portfolio management have low direct costs, providing structural room to cover operating expenses and invest in product development. If maintained, this margin supports long-term profitability as revenue scales.

Low Financial Leverage

Very low leverage gives the company durable financial flexibility to fund product development, marketing, or weather downturns without heavy interest burdens. This reduces insolvency risk and preserves capacity to pursue strategic initiatives over months to years.

Improving Free Cash Flow

A strong increase in free cash flow and FCF equal to net income show improving cash conversion despite accounting losses. Durable cash generation reduces reliance on external funding and supports reinvestment in growth or product improvements over the medium term.

Negative Factors

Ongoing Unprofitability

Persistent negative net margin and ROE reflect that the business still fails to generate shareholder returns. Over 2–6 months this limits reinvestment capacity and could force cost cuts or dilution unless structural revenue trends or operating efficiency meaningfully improve.

Modest Revenue Growth

Revenue growth near ~3–5% is modest for a fintech relying on user-base expansion. Slow top-line momentum constrains scale economics and delays leverage of high gross margins, making it harder to reach sustained profitability without improved acquisition or monetization.

User-Base Reliant Revenue Model

Revenue depends heavily on subscription and management fees tied to active users. This creates structural exposure to acquisition costs and churn; if user growth or retention weakens, revenue and margins can stagnate, pressuring long-term financial resilience.

Raiz Invest Ltd. Business Overview & Revenue Model

Company Description

Raiz Invest Limited provides financial services and products through its mobile micro-investing platform in Australia, Indonesia, and Malaysia. The company operates through two segments, Raiz Invest Micro-Investing Platform and Other Financial segments. Its platform offers customers a way to invest money using the Raiz mobile application or through the Raiz Website. The company was incorporated in 2016 and is based in Sydney, Australia.

How the Company Makes Money

Raiz Invest generates revenue primarily through several key channels. Its main source of income comes from fees charged on the investment accounts, which include a monthly subscription fee for users with balances above a certain threshold. Additionally, Raiz earns money from the management fees associated with the portfolios it manages on behalf of its users. The company may also receive performance fees based on the growth of the investments. Furthermore, Raiz has partnerships with various financial institutions and service providers, which can lead to additional revenue streams through referral fees or commissions. The company's ability to attract and retain a growing user base directly impacts its earnings, making user engagement and acquisition crucial to its financial success.

Raiz Invest Ltd. Financial Statement Overview

Summary

Modest revenue growth (3.62%) and strong gross margin (74.35%) are positives, supported by improved free cash flow growth (105.20%) and low leverage (debt-to-equity 0.033). However, ongoing unprofitability (negative net margin and negative ROE) keeps the financial performance score constrained.

Income Statement

Raiz Invest Ltd. has shown a positive revenue growth rate of 3.62% in the latest year, indicating a modest upward trend. However, the company is struggling with profitability, as evidenced by a negative net profit margin of -1.29% and a negative EBIT margin. The gross profit margin remains strong at 74.35%, but the company needs to improve its cost management and operational efficiency to achieve profitability.

Balance Sheet

The balance sheet of Raiz Invest Ltd. is relatively stable with a low debt-to-equity ratio of 0.033, indicating low financial leverage. However, the return on equity is negative at -0.77%, reflecting ongoing challenges in generating returns for shareholders. The equity ratio is healthy, suggesting a solid capital structure, but the company needs to enhance its profitability to improve overall financial health.

Cash Flow

Raiz Invest Ltd. has demonstrated significant improvement in free cash flow growth, with a remarkable increase of 105.20%. The operating cash flow to net income ratio is 0.53, indicating some ability to generate cash from operations despite net losses. The free cash flow to net income ratio of 1.0 suggests that the company is managing its cash flow effectively, but sustained profitability is necessary for long-term stability.

Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	24.07M	24.07M	21.66M	19.17M	19.34M	13.97M
Gross Profit	17.89M	17.89M	20.55M	16.07M	16.03M	11.23M
EBITDA	134.00K	134.00K	524.00K	-3.15M	-7.66M	-1.95M
Net Income	-310.00K	-310.00K	-1.87M	-6.90M	-9.63M	-3.52M
Balance Sheet
Total Assets	47.48M	47.48M	42.88M	44.75M	54.19M	42.04M
Cash, Cash Equivalents and Short-Term Investments	13.62M	13.62M	9.90M	9.13M	16.14M	19.67M
Total Debt	1.33M	1.33M	1.11M	637.00K	1.34M	705.00K
Total Liabilities	7.38M	7.38M	6.52M	6.17M	8.16M	4.80M
Stockholders Equity	40.10M	40.10M	37.99M	41.44M	47.95M	38.25M
Cash Flow
Free Cash Flow	2.72M	2.72M	342.00K	-6.62M	-5.79M	-2.57M
Operating Cash Flow	2.72M	2.72M	3.61M	-3.00M	-2.76M	-604.00K
Investing Cash Flow	-3.13M	-3.13M	-3.27M	-3.62M	-3.03M	-2.06M
Financing Cash Flow	3.70M	3.70M	951.00K	-488.00K	2.09M	9.16M

Raiz Invest Ltd. Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 0.63
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:RZI, the sentiment is Negative. The current price of 0.63 is below the 20-day moving average (MA) of 0.75, below the 50-day MA of 0.79, and below the 200-day MA of 0.71, indicating a bearish trend. The MACD of -0.03 indicates Positive momentum. The RSI at 34.03 is Neutral, neither overbought nor oversold. The STOCH value of 27.58 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for AU:RZI.

Raiz Invest Ltd. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	61 Neutral	$37.18B	12.37	-10.20%	1.83%	8.50%	-7.62%
OFX	60 Neutral	AU$115.85M	7.14	9.31%	―	-5.73%	-36.36%
COG	55 Neutral	AU$372.87M	18.07	12.36%	2.86%	-26.30%	40.12%
PPS	50 Neutral	AU$368.04M	27.92	12.27%	2.81%	24.56%	59.32%
RZI	48 Neutral	AU$66.13M	-101.13	-0.15%	―	5.03%	52.31%
FNX	46 Neutral	AU$11.21M	-2.15	-34.88%	―	43.00%	-6078.57%
ABE	41 Neutral	AU$3.69M	-0.77	-444.41%	―	-37.25%	27.45%

Raiz Invest Ltd. Corporate Events

Raiz Invest Hits Record $2.1bn FUM as Plus and Kids Products Power Growth

Raiz Invest reported record funds under management of $2.1 billion for the quarter ended 31 December 2025, up 28.5% year on year, driven largely by $62 million in net inflows despite softer markets and cautious retail sentiment. Active customers grew 5.7% to 336,048, with particularly strong momentum in higher-margin Plus portfolios and Kids portfolios, whose FUM rose 50% and 65% respectively, while the Raiz Super Fund and the new low-cost Lite plan continued to expand the customer base and increase average account balances. The company is sharpening its strategic focus through partnerships such as its tie-up with Year13.com.au to bolster customer acquisition and awareness, and it outlined an ambitious 2026 product roadmap including US-listed equities, direct ASX trading, and AI-enabled onboarding and real-time trading, positioning Raiz to enhance user experience, deepen engagement and sustain growth in its core retail investment market while keeping its earnings guidance for FY26 unchanged.

The most recent analyst rating on (AU:RZI) stock is a Buy with a A$1.05 price target. To see the full list of analyst forecasts on Raiz Invest Ltd. stock, see the AU:RZI Stock Forecast page.

Raiz Invest’s 2025 AGM Highlights Governance Changes

Raiz Invest Limited held its 2025 Annual General Meeting, where various resolutions were put to vote. The meeting saw the withdrawal of some resolutions, notably the election of Juliana Nguyen as Director, due to her resignation. The outcomes of the meeting reflect the company’s ongoing governance and strategic adjustments, impacting its operational and leadership framework.

The most recent analyst rating on (AU:RZI) stock is a Hold with a A$1.00 price target. To see the full list of analyst forecasts on Raiz Invest Ltd. stock, see the AU:RZI Stock Forecast page.

Raiz Invest Reports Strong FY25 Results and Strategic Growth

Raiz Invest Limited reported successful implementation of its growth strategies at the 2025 Annual General Meeting, highlighting strong financial results for FY25 and positive momentum across key performance metrics. The company focused on building brand awareness, expanding its customer base, and enhancing customer experience. The introduction of new products like Raiz Jars and the integration of AI tools into marketing strategies have improved customer engagement and retention, positioning Raiz for future growth opportunities.

The most recent analyst rating on (AU:RZI) stock is a Hold with a A$1.00 price target. To see the full list of analyst forecasts on Raiz Invest Ltd. stock, see the AU:RZI Stock Forecast page.

Raiz Invest Announces Board Change with Resignation of Juliana Nguyen

Raiz Invest Limited announced a board change with the resignation of Ms. Juliana Nguyen, effective after the Annual General Meeting on November 19, 2025. Ms. Nguyen, who has been a significant contributor to the company since January 2025, brought valuable expertise in tech and financial services, particularly in brand strategy, and her departure will be felt across the board. This change may impact the company’s strategic direction and stakeholder relations.

The most recent analyst rating on (AU:RZI) stock is a Hold with a A$1.00 price target. To see the full list of analyst forecasts on Raiz Invest Ltd. stock, see the AU:RZI Stock Forecast page.