Complii FinTech Solutions reported a $1.35 million loss for H1 FY26 alongside a 6% increase in annual recurring revenue, driven by strategic platform upgrades and expanding client engagement.
- H1 FY26 loss after tax of $1.35 million, up 11.7%
- Annual Recurring Revenue (ARR) grew 6% year-on-year
- Completion of Stage 1 CRM platform rebuild with modular SaaS framework
- $12.1 billion capital raised via Complii platform across 2,074 offerings
- Board mandates $2 million convertible note raise with $1 million committed
Financial Performance and Revenue Growth
Complii FinTech Solutions Ltd (ASX: CF1) has released its interim financial report for the half-year ended 31 December 2025, revealing a loss after tax of $1.35 million, marking an 11.7% increase compared to the prior corresponding period. Despite the loss, the company reported a 4% increase in revenue excluding discontinued operations, with licence fees up 13% and service fees remaining stable. The Group’s Annual Recurring Revenue (ARR) rose 6% year-on-year, reflecting steady growth in its core SaaS compliance and risk management offerings.
Strategic Platform Enhancements and Business Unit Momentum
A major highlight for the period was the completion of Stage 1 of Complii’s CRM platform rebuild. This upgrade transitions the company’s legacy system into a modern, compliance-driven, modular SaaS framework that allows clients to configure workflows and subscribe to specific functions such as staff trading and AML checks. Stage 1 has been delivered to an initial client, with subsequent stages planned to migrate existing modules and customers, aiming to improve operational efficiency and position the platform for cash-positive performance by FY27.
Across its business units, Complii facilitated approximately $12.1 billion in new capital raised over 2,074 unique offerings, underscoring strong market adoption. PrimaryMarkets, the trading platform segment, saw increased investor engagement and strategic partnerships despite broader market headwinds. Meanwhile, MIntegrity focused on AML/CTF compliance projects ahead of regulatory deadlines, and ThinkCaddie expanded its e-learning content and product development pipeline.
Cost Management and Operational Efficiency
The Group’s total expenses increased marginally by 1% to $6.1 million, with notable reductions in consulting and corporate secretarial fees due to internalisation of key functions. However, legal and security expenses rose due to one-off matters and investments in ISO27001 certification. Employee benefits expense decreased 6% following a slight reduction in headcount. The company continues to prioritise cost optimisation alongside strategic investments in technology and talent to support growth.
Capital Raising and Future Outlook
Post-period, the Board has mandated a $2 million convertible note raise to bolster the balance sheet, with $1 million already committed, including significant insider participation from Executive Chairman Craig Mason and Managing Director Alison Sarich. The Directors express confidence in securing the remaining funding. The company also anticipates further R&D grant income, supporting ongoing innovation and development.
Complii’s integrated compliance and capital markets platform continues to expand its footprint among Australian Financial Services License (AFSL) holders, leveraging cross-selling opportunities and ecosystem synergies. While the company remains in a loss position, its strategic initiatives and platform enhancements lay a foundation for sustainable growth and improved operating leverage in the coming periods.
Bottom Line?
Complii’s strategic CRM upgrade and capital raise efforts set the stage for a pivotal FY27 turnaround.
Questions in the middle?
- Will the $2 million convertible note raise close fully and on what terms?
- How quickly can Complii migrate its entire client base to the new CRM platform?
- What impact will the CRM upgrade have on customer acquisition costs and lifetime value?