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Spenda Limited
(Sydney:SPX)
Spenda Limited (SPX) vs. iShares MSCI Australia ETF (EWA)
Spenda Limited Business Overview & Revenue Model
Spenda Limited Financial Statement Overview
| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 11.08M | 11.08M | 5.14M | 3.11M | 2.25M | 776.75K |
| Gross Profit | -654.42K | -654.41K | -7.48M | -8.28M | -9.26M | -978.04K |
| EBITDA | -11.67M | -11.67M | -8.68M | -6.89M | -53.14M | -11.24M |
| Net Income | -24.31M | -24.31M | -13.21M | -11.00M | -50.24M | -11.41M |
Balance Sheet | ||||||
| Total Assets | 25.78M | 25.78M | 51.05M | 53.38M | 54.33M | 87.19M |
| Cash, Cash Equivalents and Short-Term Investments | 3.69M | 3.69M | 9.84M | 8.35M | 7.61M | 21.39M |
| Total Debt | 4.76M | 4.76M | 13.89M | 12.26M | 8.27M | 28.47K |
| Total Liabilities | 10.36M | 10.36M | 16.54M | 15.20M | 10.93M | 5.89M |
| Stockholders Equity | 15.42M | 15.42M | 34.50M | 38.19M | 43.40M | 81.30M |
Cash Flow | ||||||
| Free Cash Flow | -1.92M | -1.92M | -7.91M | -2.41M | -10.57M | -3.06M |
| Operating Cash Flow | -1.87M | -1.87M | -5.85M | -2.33M | -10.48M | -3.05M |
| Investing Cash Flow | -7.15M | -7.15M | -1.32M | 787.79K | -2.48M | -2.99M |
| Financing Cash Flow | 2.87M | 2.87M | 8.66M | 2.27M | -814.74K | 27.15M |
Spenda Limited Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
61 Neutral | $37.18B | 12.37 | -10.20% | 1.83% | 8.50% | -7.62% | |
50 Neutral | AU$43.54M | -9.13 | -60.86% | ― | 24.46% | 24.10% | |
48 Neutral | AU$45.59M | -1.59 | -64.51% | 4.95% | -38.38% | -275.50% | |
42 Neutral | AU$22.83M | -1.46 | -54.62% | ― | -22.47% | 39.26% | |
37 Underperform | AU$14.59M | ― | -97.38% | ― | 106.21% | -60.61% |
Spenda Limited Corporate Events
Spenda Limited has requested a trading halt on its securities pending an announcement related to a proposed capital raising. This halt will remain until the announcement is made or normal trading resumes on December 9, 2025. The decision for a trading halt has been approved by the company’s Board of Directors, indicating a significant upcoming development that may impact its market positioning and stakeholder interests.
Spenda Limited has announced a change in the director’s interest, with Director Karim Razak acquiring an additional 10 million shares through an on-market trade. This acquisition increases Razak’s indirect holdings to 138,986,457 shares, potentially signaling confidence in the company’s future prospects and impacting stakeholder perceptions.
Spenda Limited has announced the appointment of Karim Razak as a new director, effective November 26, 2025. Razak holds a significant interest in the company, with over 20 million shares directly and an additional 128 million shares through A Razak Group Pty Ltd. This strategic appointment is expected to strengthen Spenda’s leadership and potentially influence its market positioning, given Razak’s substantial stake and potential influence in company decisions.
Spenda Limited has appointed Karim Razak, an experienced entrepreneur and investor, as an Independent Non-Executive Director following his election at the company’s Annual General Meeting. Razak brings significant entrepreneurial experience, having founded a business that achieved over AUD $60 million in annual revenue and employed over 550 staff. His appointment is expected to enhance Spenda’s governance and strategic oversight, potentially strengthening its market position and operational efficiency.
Spenda Limited held its Annual General Meeting on November 26, 2025, where all proposed resolutions were passed by shareholder vote, except for one that was withdrawn. The meeting included decisions on director elections and the ratification of previous issues of convertible notes, options, and shares to Obsidian, indicating a strategic focus on strengthening governance and capital structure.
Spenda Limited has announced the cancellation of a previous resolution regarding the consolidation of its capital, which was initially proposed at the Annual General Meeting. The decision to withdraw this resolution affects several securities, including SPX Ordinary Fully Paid and various options with expiration dates ranging from 2025 to 2028. This move may impact the company’s capital structure and could have implications for investors and stakeholders monitoring Spenda Limited’s financial strategies.
Spenda Limited has announced the withdrawal of Resolution 11, concerning the Consolidation of Capital, from the agenda of its 2025 Annual General Meeting. This decision may impact the company’s financial strategy and stakeholder expectations, as it suggests a reevaluation of capital management plans.
Spenda Limited has announced a pre-recorded webinar presentation, available on their website, where CEO Mrs. Corrie Hassan will discuss the company’s recent quarterly results and outline plans for the new financial year. The webinar aims to engage shareholders and provide insights into Spenda’s strategic direction, potentially impacting its operations and market positioning.
Spenda Limited has issued 137,142,857 ordinary shares, which are now exempt from the on-sale restrictions under the Corporations Act 2001, following the company’s compliance with relevant legal provisions. This move allows for the unrestricted trading of these shares, potentially enhancing liquidity and market confidence in the company’s securities.
Spenda Limited has announced the quotation of 137,142,857 fully paid ordinary securities on the Australian Securities Exchange (ASX) under the code SPX. This move is part of a previously announced transaction, potentially impacting the company’s market presence and providing stakeholders with new investment opportunities.
Spenda Limited reported its Q1 FY26 results, highlighting cash receipts of $2.1 million and record payment volumes of $204 million. The company focused on cost rationalization, achieving a 21% reduction in operating cash outflows. The resignation of Managing Director Adrian Floate led to the appointment of Corrie Hassan as interim CEO. Spenda’s partnership with APG Pay processed over $50 million in payments, and the SwiftStatement program is undergoing strategic refinement. The company is expanding its engagement with Carpet Court stores and aims to scale its finance and payments products for sustainable revenue growth.
Spenda Limited has announced a proposed issue of 50 million new securities, with options priced at $0.01 each, set to expire on November 30, 2028. This move is part of a strategic placement aimed at enhancing the company’s financial flexibility and market positioning, potentially impacting its stakeholders by increasing available capital for growth and operational initiatives.
Spenda Limited has released its corporate governance statement for the financial year ending June 30, 2025, which is available on their website. The statement confirms that the company has adhered to the ASX Corporate Governance Council’s recommendations, providing transparency and accountability in its management and oversight practices. This announcement underscores Spenda Limited’s commitment to maintaining robust corporate governance standards, which is crucial for its stakeholders and market positioning.
Spenda Limited has announced a security consolidation for its SPX ordinary fully paid shares and various options, set to commence trading on a deferred settlement basis from December 5, 2025. This reorganization aims to streamline the company’s capital structure, potentially enhancing market perception and operational efficiency, with significant implications for stakeholders as it may affect share value and liquidity.
Spenda Limited has announced its 2025 Annual General Meeting, scheduled to take place on November 26, 2025, at Karstens Melbourne. Shareholders are encouraged to participate in the meeting either in person or by proxy, with the deadline for proxy submissions set for November 24, 2025. The meeting will cover the company’s financial statements and reports for the fiscal year ending June 30, 2025, and will provide shareholders an opportunity to engage with the company’s auditor.
Spenda Limited has announced that its subsidiary, Limepay Pty Ltd, has met the conditions for the issuance of Tranche 3 Deferred Consideration by achieving a three-month revenue of $1.2 million. This milestone triggers the issuance of 137,142,857 shares to Limepay vendors, marking a significant step in the acquisition agreement. The achievement underscores the successful integration and performance of Limepay within Spenda’s operations, reflecting positively on the company’s strategic growth initiatives. The completion of this tranche leaves only Tranche 4 Deferred Consideration pending, which requires Limepay to achieve a higher revenue target within two years. This development highlights Spenda’s commitment to expanding its market presence and enhancing shareholder value through strategic acquisitions.
Spenda Limited has announced the issuance of 112,500,000 ordinary shares, which will be exempt from resale restrictions under Section 708A (5) of the Corporations Act 2001. This move allows the company to facilitate the trading of these shares without the need for further disclosure, indicating compliance with relevant legislative requirements and potentially enhancing liquidity for stakeholders.
Spenda Limited has announced the quotation of 112,500,000 fully paid ordinary securities on the Australian Securities Exchange (ASX) under the code SPX. This move is part of previously announced transactions and is expected to enhance the company’s market presence and liquidity, potentially benefiting stakeholders by increasing the company’s financial flexibility and growth opportunities.
Spenda Limited has released its Annual Report for FY25, detailing its financial performance and governance practices. The report includes comprehensive financial statements and declarations, providing insights into the company’s profitability, financial position, and cash flow. This release is crucial for stakeholders as it offers transparency into Spenda Limited’s operations and financial health, potentially impacting investor confidence and market positioning.
Spenda Limited has announced its intention to hold its Annual General Meeting on 26 November 2025, where the election of directors will be a key agenda item. The nomination period for directors closes on 8 October 2025. This meeting is significant for stakeholders as it will influence the company’s governance and strategic direction.
Spenda Limited has announced the appointment of Francis DeSouza as a director, effective from September 10, 2025. DeSouza holds a significant interest in the company through BAGA RIVER INVESTMENTS PTY LTD, with 37 million ordinary shares, potentially influencing the company’s strategic direction and stakeholder interests.
Spenda Limited announced the release of 264,462,810 ordinary shares from voluntary escrow on 20 September 2025, which were initially issued for the acquisition of Limepay Pty Ltd in 2024. This release could impact the company’s stock liquidity and market perception, potentially affecting stakeholders and investors as it reflects on the company’s strategic acquisition and integration efforts.
Spenda Limited has announced a change in its board of directors with Adrian Floate ceasing to be a director as of September 10, 2025. This change involves the transfer of significant securities and options previously held by the director, which may impact the company’s governance and shareholder dynamics.
Spenda Limited announced the resignation of its Managing Director and CEO, Mr. Adrian Floate, due to personal health reasons. The company has appointed COO Corrie Hassan as interim CEO and CCO Francis DeSouza as Executive Director to ensure continuity of leadership. The executive team remains committed to maintaining operations and strategic initiatives without disruption. The board expressed gratitude for Mr. Floate’s decade-long leadership and achievements, including steering the company through significant milestones such as the global pandemic and achieving record revenue. The transition aims to sustain the company’s growth trajectory and operational stability.