• Revenue up 29% to US$9.3m (A$13.3m), driven by strong growth in PaaS and Professional Services
• Underlying EBITDA of US$1.8m (A$2.6m), maiden half-year profit of US$0.6m (A$0.9m)
• Vertexon PaaS platform continues to scale with 110k+ active cards, up 66% on pcp

Change Financial Ltd has reported a strong start to FY26, with H1 revenue of US$9.3m (A$13.3m), up 29% on the prior corresponding period. This growth was driven by strong performance in the company's PaaS and Professional Services divisions. Approximately 70% of revenue was derived from recurring income streams, providing a solid base for continued growth. The company also delivered a maiden half-year profit of US$0.6m (A$0.9m), reflecting disciplined execution and accelerating momentum across the business. Underlying EBITDA for the period was US$1.8m (A$2.6m), a material improvement from the loss in the prior corresponding period. The Vertexon PaaS platform continued to scale, with the number of active cards increasing to 110,000+, up 66% on the prior corresponding period. The company also secured new sales with new and existing Vertexon and PaySim clients, and completed the onboarding of a large NZ fintech client. Given the strong start to the year, Change has upgraded its FY26 revenue guidance to between US$17.5m (A$25.0m) to US$18.5m (A$26.4m) and its FY26 Underlying EBITDA guidance to between US$3.1m (A$4.4m) to US$3.8m (A$5.4m).

Change has upgraded its FY26 revenue guidance to between US$17.5m (A$25.0m) to US$18.5m (A$26.4m) and its FY26 Underlying EBITDA guidance to between US$3.1m (A$4.4m) to US$3.8m (A$5.4m).

Change remains focused on building the sales pipeline, winning new deals, particularly in Oceania and SE Asia, and driving operational efficiencies to deliver top and bottom-line growth over the coming years.