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Finexia Restates FY24 Accounts, Writes Down Stayco Investment by $4M

4:36am on Saturday 30th of August, 2025 AEST Financial Services
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Finexia Restates FY24 Accounts, Writes Down Stayco Investment by $4M

4:36am on Saturday 30th of August, 2025 AEST
Key Points
  • Material error found in FY24 expense accruals leading to restatement
  • Under-accrual of interest and operating expenses corrected
  • Trade and other payables previously understated
  • Stayco investment written down by $4 million to $16 million
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