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Change Financial Limited (ASX:CCA)

ALERT: Price-sensitive ASX Announcement for CCA
Current share price for CCA : $0.045 -0.003 (-6.25%)+
Announcement
Release
24 Jul 2026 8:20AM
Price at Release
$0.048
Full Release
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Summary
Change Financial Limited reported strong growth in its Q4 FY26 results, highlighted by a 28% CAGR over three years and a 21% increase in FY26 revenue compared to FY25. The company emphasized its recurring revenue streams, which accounted for 73% of total revenue, driven by the core PaaS business. Q4 FY26 Underlying EBITDA reached US$0.8 million, marking a 164% increase, while FY26 Underlying EBITDA was US$3.3 million, a 17-fold rise from FY25. Notable increases in active cards on the Vertexon PaaS platform were reported, with cash holdings at US$3.1 million and no debt. With plans to expand its Vertexon and PaySim sales, Change aims for continued growth in FY27, focusing on migrating SE Asia clients to a cloud-based offering for better margins.
Key Points
  • Change Financial Limited achieved a 3-year CAGR of 28% with FY26 revenue up 21% on FY25.
  • 73% of FY26 revenue was from recurring streams, with significant growth in the PaaS business.
  • Q4 FY26 Underlying EBITDA was US$0.8m, indicating a 164% increase from the previous year.
  • FY26 Underlying EBITDA totaled US$3.3m, a 17-fold increase from FY25.
  • Strong growth in active cards on the Vertexon PaaS platform, now over 150,000.
  • Cash holdings at the end of Q4 FY26 were US$3.1m with no debt.
  • Vertexon and PaySim sales are expected to drive growth in FY27.
  • Change plans to migrate SE Asia clients to Vertexon cloud for cost efficiency and margin improvement.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.