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Raiz Invest Limited (ASX:RZI)

ALERT: Price-sensitive ASX Announcement for RZI
Current share price for RZI : $0.545 -0.15 (-21.58%)+
Announcement
Release
24 Sep 2025 10:30AM
Price at Release
$0.695
Full Release
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Summary
Raiz Invest Limited presented at the ASX Small & Mid-Cap Conference on 24 September 2025, highlighting its position as a leading wealth platform for Australians. The company reported significant growth metrics, including a 15% increase in revenue to $24.1 million and a 147% rise in Underlying EBITDA to $2.8 million for FY25. The firm aims to continue its growth trajectory with strategic priorities focusing on customer satisfaction and innovation. Raiz's active customer base grew to 329,277, with funds under management (FUM) reaching $1.8 billion. The company also maintains strong strategic partnerships, particularly with State Street Investment Management, to enhance its investment offerings and educational resources. Raiz plans to expand its ecosystem and continue providing exceptional products and customer experiences to drive further growth.
Key Points
  • Raiz Invest Limited's revenue increased by 15% to $24.1 million in FY25.
  • Underlying EBITDA rose by 147% to $2.8 million.
  • Active customers reached 329,277, with funds under management at $1.8 billion.
  • Strategic priorities include customer satisfaction, innovation, and expanding reach.
  • Strong partnerships, including with State Street Investment Management, boost product offerings.
  • The company aims for a positive UEBITDA in the range of $4.5m - $5.5m for FY26.
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.