Q3 FY25 Quarterly Business Update
Stock | RAIZ Invest Ltd (RZI.ASX) |
---|---|
Release Time | 24 Apr 2025, 9:32 a.m. |
Price Sensitive | Yes |
Raiz Invest reports solid Q3 FY25 growth
- Active Customers up 6.9% YOY to 324,968
- ARPU up 5.9% YOY to $75.94
- Strong quarterly net inflows of $60m, up 67.9% on pcp
Raiz Invest Limited (ASX:RZI) has reported its business update for the quarter ending 31 March 2025 (Q3 FY25). Key highlights include a 6.9% YOY increase in Active Customers to 324,968, a 5.9% YOY increase in ARPU to $75.94, and strong quarterly net inflows of $60m, up 67.9% on the prior corresponding period. The company also saw continued growth across all customer segments, with Plus Portfolios up 42.5% YOY, Super Customers up 24.1% YOY, and Kids Portfolios up 36.3% YOY. Total FUM increased 23.1% YOY to $1.65bn. Raiz launched the Raiz Jars feature, which has seen strong uptake with 15,814 active Jar accounts, and was awarded the 2025 Canstar Innovation Excellence Award for Raiz Plus Portfolios. The company remains committed to ongoing product innovation, with highlights including the launch of Raiz Jars, new user interfaces for Raiz Kids and Raiz Rewards, and the Raiz Your Game podcast.
Raiz Invest is well positioned to continue its growth trajectory, with a resilient business model that is proving to be effective through market cycles. The company's focus on increasing engagement with its existing customer base, coupled with its commitment to ongoing product innovation, is expected to drive further growth.