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Change Financial Accelerates Revenue Growth 53% in Q2 FY25, Exits US Market
8:23am on Thursday 30th of January, 2025 AEDT
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Fintech
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Change Financial Accelerates Revenue Growth 53% in Q2 FY25, Exits US Market
8:23am on Thursday 30th of January, 2025 AEDT
Key Points
Q2 FY25 revenue up 53% to US$3.5 million
PaaS revenue increased 29% quarter-on-quarter, now 76% of FY25 YTD revenue
66,000+ active cards on Vertexon PaaS platform with new Oceania client onboarded
Strategic exit from US market underway to reduce costs and improve profitability
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Change Financial (ASX:CCA)
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