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Spenda Grows Revenue 10% While Cutting Costs and Divesting Lending Unit
3:33pm on Monday 31st of August, 2026 AEST
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Spenda Grows Revenue 10% While Cutting Costs and Divesting Lending Unit
3:33pm on Monday 31st of August, 2026 AEST
Key Points
10% revenue increase to $8.78 million
Net loss narrows slightly to $24 million
Divestment of lending business to APG Pay
Annualised cost savings of ~$4.8 million
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