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Spenda Grows Revenue 10% While Cutting Costs and Divesting Lending Unit

3:33pm on Monday 31st of August, 2026 AEST Information Technology
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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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