Daily Roundup

Thursday, 26th February 2026
Last updated: 21:00 | Max Version 🚀

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Change Financial Delivers Record H1 FY26 Results

Change Financial has reported a record H1 FY26, with revenue up 29% to US$9.3m (A$13.3m) and Underlying EBITDA of US$1.8m (A$2.6m), marking the company's first-ever profit. The strong performance was driven by continued scaling of the Vertexon PaaS platform, with 110k+ active cards and 9.8m transactions processed.

The company's PaaS revenue now accounts for 85% of total revenue, supported by a growing client base and increasing transaction volumes. Change Financial also delivered one-off licence sales and professional services revenue above historical run rates. Operationally, the company has strengthened its Vertexon PaaS platform, enhanced its digital capabilities, and progressed the modernisation of its PaySim offering.

Looking ahead, the company has upgraded its FY26 guidance, with revenue expected in the range of US$17.5m to US$18.5m (A$25.0m to A$26.4m) and Underlying EBITDA of US$3.1m to US$3.8m (A$4.4m to A$5.4m). Change Financial is focused on delivering profitable growth, leveraging its strong foundations in Australia and New Zealand, and expanding its global presence in the growing digital payments market.

ABT Corrects Typo in Half Year Results

Advanced Braking Technology Ltd (ABT) has issued a correction to its Half Year Results ASX announcement, fixing a typo in the change in basic earnings per share. The correct figure shows an encouraging increase of 55.2%.

ABT reported record revenue growth of 27.2% to $11.058 million, a 61.6% increase in Reported net profit after tax (NPAT) to $538,000, and a 44.1% increase in cash and cash equivalents to $4.143 million. The company's gross profit margins remained stable at 48.7%, demonstrating operational efficiency and pricing discipline.

AI-Media Technologies Reports Strong 1HFY26 Results

AI-Media Technologies Ltd (ASX: AIM) reported impressive 1HFY26 results, with $30M in Annual Recurring Revenue (ARR), up 80% year-over-year. Technology revenue now represents 71% of total revenue, with an 84% gross margin, reflecting the company's successful transition to a high-margin, recurring revenue model.

AI-Media expanded its global footprint to 43 countries, including strong adoption across Europe. The company is investing in new product development, including LEXI Voice for live voice interpreting and LEXI AI for advanced AI integration, to further expand its total addressable market.

Looking ahead, AI-Media is forecasting continued strong growth in ARR, targeting 50% year-over-year growth in FY26. The company remains focused on driving growth across its three strategic pillars: product expansion, segment differentiation, and geographic penetration.

Objective Corporation Reports Solid 1HY2026 Results

Objective Corporation Limited reported a strong performance in the first half of fiscal year 2026, with revenue growing 9% to $66.7 million, adjusted EBITDA increasing 11% to $25.9 million, and net profit after tax rising 10% to $18.7 million.

The company's annualised recurring revenue (ARR) balance at 31 December 2025 increased by 12% to $120.0 million, with growth across all three of its business lines - Information Intelligence, Planning & Building, and Regulatory Solutions. Objective continued to invest heavily in research and development, spending $16.6 million, or 28% of software revenue, on R&D in the first half.

For FY2026, Objective expects ARR growth to be in the range of 10-14% on a constant currency basis. The company remains focused on growing its SaaS business profitably, leveraging its leadership in AI to deliver outstanding value and productivity to customers, and executing on organic growth opportunities across its lines of business, product portfolio, and geographic regions.

Motio Expands into Location-Based Advertising

Motio Ltd has entered into an exclusive sales agreement with Adonix, a transit media network, and will launch Motio Drive, expanding its digital media business into location-based advertising. Motio will invest $300,000 for a 13.33% stake in Adonix to accelerate the rollout of digital taxi top screens.

The partnership with Adonix complements Motio's established place-based media business by extending campaign reach, providing additional flexibility for clients, and enabling access to new advertiser categories. The company expects continued top-line expansion into FY27 and beyond through the launch of Motio Drive, powered by Adonix.