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Change Financial Limited (ASX:CCA)

ALERT: Price-sensitive ASX Announcement for CCA
Current share price for CCA : $0.072 -0.009 (-10.56%)+
Release
26 Feb 2026 8:43AM
Price at Release
$0.081
Full Release
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Summary
Change Financial Limited reported a strong financial performance for the first half of FY26, achieving a maiden net profit of US$0.6 million. The company saw a 29% increase in revenue to US$9.3 million, largely fueled by the growth in its Payments as a Service (PaaS) platform and professional services revenue. Approximately 70% of the revenue came from recurring income streams. The underlying EBITDA improved to US$1.8 million from a loss in the previous period, driven by increased revenue and cost efficiencies from exiting US operations. The company also upgraded its FY26 revenue and EBITDA guidance, expecting continued growth through expanding its sales pipeline in Oceania and Southeast Asia.
Key Points
  • H1 FY26 revenue increased by 29% to US$9.3 million.
  • Achieved a maiden net profit of US$0.6 million.
  • 70% of revenue derived from recurring streams.
  • Underlying EBITDA improved to US$1.8 million.
  • Upgraded FY26 revenue forecast to US$17.5m to US$18.5m.
  • Focus on expansion in Oceania and Southeast Asia.
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.