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How Did Spenda Double Revenue Yet Post a $24.3M Loss in FY25?

4:36am on Saturday 30th of August, 2025 AEST Information Technology
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How Did Spenda Double Revenue Yet Post a $24.3M Loss in FY25?

4:36am on Saturday 30th of August, 2025 AEST
Key Points
  • Revenue doubled to $11.1 million in FY25
  • Statutory net loss widened to $24.3 million
  • Significant $13.8 million goodwill and intangible asset impairment
  • Acquisition of Limepay Pty Ltd and sale of invoice finance portfolio
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