InvestSMART

Raiz Invest Limited (ASX:RZI)

ALERT: Price-sensitive ASX Announcement for RZI
Current share price for RZI : $0.540 -0.065 (-10.74%)+
Announcement
Release
27 Feb 2026 9:44AM
Price at Release
$0.605
Full Release
download
Summary
Raiz Invest Limited reported significant financial growth in its 1H FY26 results, achieving a strong revenue increase and improved profitability. The company saw a 23.9% rise in revenues compared to 1H FY25, driven by an increase in its average account balance and active customer base. Operating expenses also rose by 8.0%, but the underlying EBITDA surge by 270% underscored substantial operational efficiency improvements. Raiz Invest emphasized its strategic focus on enhancing customer experience through innovative, impactful products and strategic partnerships. The company's effective tax rate remained negative due to an income tax benefit, and earnings per share showed significant improvement. The company's cashflow conversion ratio and free cashflows also exhibited strong performance, indicating robust financial health. Raiz's strategic pillars continue to focus on providing an exceptional customer experience and expanding its product offerings.
Key Points
  • Significant revenue growth of 23.9% over 1H FY25.
  • Underlying EBITDA increased by 270%.
  • Active customers increased to 336,048, up 5.7%.
  • Average account balance rose by 21.6%.
  • Operating expenses increased by 8.0%.
  • Strong focus on strategic partnerships and product innovation.
  • Negative effective tax rate due to recognition of deferred tax assets.
  • Cashflow conversion ratio at 91% and free cashflows up by 1376%.
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.