Complii FinTech Solutions has posted a 28.7% increase in revenue for FY25 alongside a significant reduction in net loss, triggering the vesting of over 20 million performance rights.
- Revenue up 28.7% to $8.13 million in FY25
- Net loss narrowed by 73.6% to $2.7 million
- 20.15 million performance rights vested after revenue milestones met
- 17 million performance rights lapsed due to unmet targets
- 2025 Annual General Meeting scheduled for November 11
Strong Revenue Growth and Reduced Losses
Complii FinTech Solutions Ltd has reported a notable 28.7% increase in revenue for the financial year ending 30 June 2025, reaching $8.13 million. This growth marks a significant step forward compared to the previous year and reflects the company’s ongoing efforts to expand its fintech offerings and market presence.
Alongside this revenue boost, Complii has achieved a substantial reduction in its net loss, which narrowed by 73.6% to $2.7 million from a loss of over $10 million in FY24. The improved financial position is partly attributed to the absence of non-cash impairment expenses that weighed on the prior year’s results.
Performance Rights Milestones Trigger Vesting
A key highlight of the announcement is the vesting of 20.15 million performance rights, following the company’s auditors independently verifying that revenue milestones were met. Specifically, the company achieved a revenue increase of at least 115% compared to FY24, and recorded revenue exceeding $7 million in FY25, satisfying the conditions attached to these rights.
Conversely, 17 million performance rights have lapsed as certain milestones were not achieved, signaling that while progress has been made, some targets remain unmet. The impact of these vestings and lapses on share capital and potential dilution will be closely watched by investors.
Corporate Governance and Outlook
Complii has also announced that its 2025 Annual General Meeting will be held on 11 November 2025, with director nominations closing on 29 August. This AGM will be an important event for shareholders to assess the company’s strategic direction and governance.
The company’s financial statements were audited with an unmodified opinion, providing assurance on the accuracy of the reported results. However, detailed insights into revenue drivers and future guidance are expected to be revealed in the forthcoming Annual Report.
Overall, Complii’s FY25 results suggest a fintech company on a recovery path, balancing growth with cost management, while navigating the challenges of meeting performance targets tied to equity incentives.
Bottom Line?
Complii’s improved financials and milestone achievements set the stage for a pivotal AGM and closer scrutiny of its growth trajectory.
Questions in the middle?
- What specific business segments drove the 28.7% revenue increase?
- How will the vesting of performance rights affect share dilution and shareholder value?
- What strategic initiatives will Complii unveil at the upcoming AGM to sustain momentum?