CF1 Price sensitive 20 Feb 2025, 8:14 AM

Interim Financial Report and Appendix 4D

Complii Fintech Solutions Ltd

Complii FinTech Solutions Reports Interim Results

Key points

  • $1.508m R&D grant income received for FY24 activities
  • 97% increase in PrimaryMarkets trading volumes H1 FY25 vs H1 FY24
  • $6.368bn capital raised through Complii's Advisor Bid platform

Full summary

Complii FinTech Solutions Ltd (ASX: CF1), a leading end-to-end compliance and risk management SaaS platform for equity capital markets participants, has reported its interim financial results for the half-year ended 31 December 2024. The company received $1.508 million in R&D grant income for its FY24 activities, and saw a 97% increase in trading volumes on its PrimaryMarkets platform compared to the same period last year. Complii's Advisor Bid platform facilitated $6.368 billion in new capital raised across 1,573 unique offerings during the half-year. The company continued to invest in transforming and expanding its product offerings, with a focus on delivering a new CRM module and an updated Compliance Management module. Complii's PrimaryMarkets business expanded into the managed fund space, launching a trading hub for the Dexus Wholesale Australia Property Fund, and the company's MIntegrity and ThinkCaddie subsidiaries also reported solid performance. Overall, Complii is positioning itself as the backbone for equity capital markets, with a unique offering covering cost-effective capital raising, compliance assurance, risk mitigation, and customer servicing efficiency.

Guidance

The company reported an Annual Recurring Revenue (ARR) of $2 million as of 31 December 2024, representing a 15.8% increase compared to the same period in the prior year.

Outlook

Complii is continuing to focus on cross-selling opportunities and leveraging its ecosystem of solutions to drive organic growth and reach profitability. The company is also working to further decrease its cost of customer acquisition while increasing customer ARR and lifetime value through cross-selling.

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