1H FY26 Financial Results Presentation
| Stock | RAIZ Invest Ltd (RZI.ASX) |
|---|---|
| Release Time | 27 Feb 2026, 9:44 a.m. |
| Price Sensitive | Yes |
1H FY26 Financial Results Presentation
- Strong revenue growth driving improved profitability
- Continued momentum in core business drivers
- Reaffirm FY26 Earnings Guidance: UEBITDA in the range of $4.5m - $5.5m
Raiz Invest Ltd, a leading wealth platform for Australians, has reported its financial results for the first half of fiscal year 2026 (1H FY26). The company delivered strong performance, with revenue increasing by 24% to $14.4 million and Underlying EBITDA (UEBITDA) surging by 270% to $2.6 million. The UEBITDA margin expanded to 18%, up 12 percentage points year-over-year. The growth was driven by a 5.7% increase in active customers to 336,048 and a 16.4% rise in Annualised Revenue Per User (ARPU) to $86.45. Key factors contributing to the ARPU growth include a fee increase effective August 2025, growth in higher revenue products (Raiz Plus and Raiz Super), strong inflows increasing account balances and FUM-based fees, higher trading volumes, and an increase in the number of portfolios per active customer.Raiz also reported improved operating and free cash flow, with operating cash flow up 51% to $2.4 million and free cash flow increasing significantly to $1.05 million. The company ended the period with a strong cash position of $14 million, well above the minimum regulatory capital requirements.Looking ahead, Raiz reaffirmed its FY26 UEBITDA guidance in the range of $4.5 million to $5.5 million, reflecting continued growth in active customers, funds under management, and net flows, assuming no material changes in current market conditions.
Reaffirm FY26 Earnings Guidance: UEBITDA in the range of $4.5m - $5.5m
Raiz is focused on executing its strategic priorities, including delivering innovative and impactful products, building trusted partnerships for growth, and enhancing the customer experience through AI-driven capabilities. The company's ambitious product roadmap includes the introduction of US-listed equities, direct ASX trading, and instant payments, which are expected to further drive customer engagement and diversify revenue streams.