Key points
- FY26 revenue of US$18.2m, up 21% YoY
- Maiden full-year profit of US$0.5m
- Positive net cash flow of US$1.5m
- Strong momentum for FY27 driven by PaaS
- Transition to AUD reporting from FY27
Full summary
Change Financial Ltd has reported its full-year results for FY26, highlighting significant growth and operational achievements. The company achieved a revenue of US$18.2 million, a 21% increase from the previous year, and delivered a maiden full-year profit of US$0.5 million. The PaaS platform was a key driver of growth, with active cards increasing by 104% to over 150,000. The company also experienced a positive net cash flow of US$1.5 million from operating activities. Looking ahead, Change Financial Ltd expects continued growth in FY27, driven by the PaaS platform and new client wins, particularly in Australia. The company will also transition to AUD reporting from FY27.
Guidance
FY27 revenue expected to grow driven by PaaS and PaySim
Outlook
Change Financial Ltd expects strong momentum in FY27, driven by the PaaS platform and new client wins. The company is targeting a PaaS gross margin of 40-45% and expects to be net cash flow positive for FY27.