What drove the FY26 revenue growth for Change Financial (ASX:CCA)?

Change Financial (ASX:CCA) generated $26 million in FY26 revenue, up 21% year-on-year, because of the continued scaling of its platform-as-a-service operations.

What were the main financial results for Change Financial (ASX:CCA) in FY26?

Change Financial (ASX:CCA) reported unaudited revenue of $26 million and underlying EBITDA of $4.7 million, meeting its upgraded market guidance. The company closed the financial year with $4.4 million in cash, zero debt, and $2 million held in cash-backed security guarantees.

How did key platform metrics perform for Change Financial (ASX:CCA)?

Change Financial (ASX:CCA) reported a 104% annual increase in active cards on its Vertexon PaaS platform, alongside a 23% rise in transaction volume for the fourth quarter. This expansion lifted monthly PaaS revenue to a record $1 million in June, expanding full-year PaaS gross margins from 26% to 32%.

What growth targets does Change Financial (ASX:CCA) have for FY27?

Change Financial (ASX:CCA) management expects main growth in FY27 to be driven by Vertexon PaaS and PaySim sales as four newly contracted clients onboard during the first half. The company also stated that it expects to remain net cash flow positive across FY27, excluding strategic deposit needs.

Where is Change Financial (ASX:CCA) expanding its market footprint?

Change Financial (ASX:CCA) is expanding its payment processing technology across Australia, New Zealand, and Southeast Asia while actively migrating legacy clients to cloud solutions. Management noted that client onboarding in New Zealand and regional migration projects continue to drive recurring revenue streams, which made up 73% of total FY26 revenue.

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Change Financial reports 21% revenue growth for FY26

Written by Liezl GambePublished Jul 24, 2026, 2:16 AM

Change Financial generated $26 million in FY26 revenue, representing a 21% increase year on year.
Underlying EBITDA jumped to $4.7 million, reaching 17 times its FY25 performance.
Expansion of the company's platform-as-a-service operations pushed active card counts past 150,000.

Change Financial (ASX:CCA) delivered unaudited full-year 2026 revenue of $26 million, marking a 21% increase from the previous period.

The financial technology firm saw its underlying earnings before interest, taxes, depreciation, and amortisation reach $4.7 million, which matched its updated market guidance.

“With a strong FY26, we have more than doubled the size of the revenue of the company over the past three years, delivering a compound annual growth rate of 28%,” said Change Financial CEO Tony Sheehan.

The company closed the financial year with $2 million held in cash-backed security guarantees.

Management stated that it expects further growth in the 2027 financial year, driven primarily by platform-as-a-service and software sales.

Following the announcement, the Change Financial share price was up at $0.09.

The company's primary operational focus centres on expanding its cloud-based card issuing and payment processing technology across global markets.

Over recent quarters, the firm has focused on migrating clients away from legacy systems to higher-margin platform solutions while expanding its client base across Australia, New Zealand, and Southeast Asia.

Change Financial reports 21% revenue growth for FY26

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