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Change Financial Ltd (CNGFF)
OTHER OTC:CNGFF
Earnings Data
Report Date
Sep 02, 2026TBA (Confirmed)
Period Ending
2026 (Q4)Consensus EPS Forecast
<0.01Last Year’s EPS
<0.01Same Quarter Last Year
Based on 0 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call conveyed a predominantly positive operational and financial inflection: record revenue, expanding recurring revenue (70%), improving EBITDA (two consecutive quarters of USD 900K and USD 1.8M for H1), upgraded FY '26 guidance, and continued PaaS client wins and onboarding. Key risks discussed were timing mismatches between active cards and transaction revenue (notably related to prepaid growth and late-quarter Sharesies card deliveries), reliance on one-off services for part of the strong H1, lumpy B2B sales cycles, and near-term cash timing sensitivity despite a healthy cash position. Overall the positives (strong growth, margin improvement, upgraded guidance and healthy pipeline) materially outweigh the timing and scaling challenges.Company Guidance
Record Quarterly Revenue
Q2 revenue of USD 4.7M, up 34% year-over-year; year-to-date revenue up 29% YoY; rolling 3-year revenue CAGR of 25%; company on track to have doubled revenue over the last 3 years by end of FY '26.
Strong Recurring Revenue Base
Recurring revenue represented ~70% of total revenue; recurring revenues for the quarter totaled USD 3.3M, providing a stable foundation for growth and guidance confidence.
Improving Profitability and EBITDA Inflection
Underlying EBITDA for the quarter was USD 900K and USD 1.8M for H1; FY '25 full-year underlying EBITDA was USD 200K (maiden positive result), showing material operating leverage and margin improvement.
Upgraded FY '26 Guidance
Revenue guidance upgraded to USD 17.5M–18.5M; underlying EBITDA guidance upgraded to USD 3.1M–3.8M (midpoint ~15% increase vs prior guidance); company maintained guidance to be cash flow positive for the year.
PaaS (Vertexon) Driving Growth
Vertexon (PaaS) accounted for 85% of group revenue YTD; PaaS revenues from Australia and New Zealand clients up 19% YoY; more than 110,000 active cards in ANZ contributing to scale opportunities.
Successful New Client Launches and Pipeline
Sharesies launch contributed to active card growth (over ~10,000 active Sharesies cards late in quarter); two additional contracted PaaS clients onboarding with one expected to go live imminently; 12+ PaaS clients signed since platform launch and expanding pipeline in Australia and New Zealand.
Healthy Cash and Receivables Position
Cash on hand USD 2.6M plus USD 1.4M in cash-back security deposits; cash receipts for the quarter USD 3.9M (up 4% YoY); accounts receivable USD 3.0M (about USD 900K higher YoY) with management explaining timing shifts around festive-season collections.
One-off Revenue Contribution and Strong H1 for Services
One-off revenue (licenses and professional services) contributed USD 1.4M in the quarter and produced the best half in company history for one-off revenue, helping drive H1 results while the company fills the pipeline for H2.
Operational Improvements and Cost Reductions
Cost reductions from the U.S. exit and a stable fixed cost base have materially improved bottom-line performance and enabled scaling without proportionate fixed-cost increases.
Product Ownership and Market Position
Both Vertexon and PaySim are proprietary, in-house platforms; PaySim remains the default testing standard for EFTPOS in Australia and has blue-chip clients, supporting global sellability.
CNGFF Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
CNGFF Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Feb 25, 2026 | $0.05 | $0.05 | 0.00% |
Aug 28, 2025 | $0.05 | $0.05 | 0.00% |
Feb 26, 2025 | $0.15 | $0.15 | 0.00% |
Aug 27, 2024 | $0.04 | $0.04 | 0.00% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Change Financial Ltd (CNGFF) report earnings?
Change Financial Ltd (CNGFF) is schdueled to report earning on Sep 02, 2026, TBA (Confirmed).
What is Change Financial Ltd (CNGFF) earnings time?
Change Financial Ltd (CNGFF) earnings time is at Sep 02, 2026, TBA (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is CNGFF EPS forecast?
CNGFF EPS forecast for the fiscal quarter 2026 (Q4) is <0.01.