Why did Findi (ASX:FND) lower its FY26 financial guidance?

Findi revised its FY26 outlook downward due to delayed working capital and one-off, non-recurring items that negatively impacted the second half of the financial year.

What are Findi's (ASX:FND) revised revenue projections for FY26?

Findi now expects its FY26 operating revenue to land between $83 million and $91.6 million, down from its previous guidance band of $100 million to $105 million.

How does the guidance downgrade affect Findi’s (ASX:FND) EBITDA targets?

Findi's full-year operating EBITDA is now expected to miss its original target range of $10 million to $12 million. Once non-recurring, one-off items are excluded, the company anticipates its adjusted operating EBITDA to fall between $8 million and $10 million.

What are the main bear points for Findi (ASX:FND) after this update?

The immediate bear case centres on management missing its previously stated FY26 revenue and EBITDA guidance due to operational delays and unexpected second-half costs.

What are the main bull points for Findi (ASX:FND) moving forward?

Despite the guidance downgrade, Findi's total revenue is still growing strongly year-over-year compared to FY25. Furthermore, the company has successfully stabilised its core Indian business, established positive operational momentum into May across multiple business units, and strengthened its executive team to drive commercialisation.

How does this news impact Findi's (ASX:FND) long-term growth strategy?

Findi's long-term strategic trajectory remains completely unchanged despite the near-term financial adjustments. The company confirmed it is still firmly on track for its planned 2027 Indian IPO and continues to make progress toward securing Payments Bank status.

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Findi lowers FY26 guidance despite Indian IPO momentum

Written by Isaac FrancisPublished May. 21 2026Last Updated May. 21 2026

Digital payments and financial services provider Findi (ASX:FND) announced that its FY26 operating revenue is now projected to land between $83 million and $91.6 million.

This marks a decline from the previous guidance band of $100 million to $105 million, though total revenue is still expected to sit between $87.8 million and $96.8 million, up from the $61.6 million recorded in FY25.

Full-year operating EBITDA is anticipated to miss the prior $10 million to $12 million target range, primarily due to delayed working capital and one-off items impacting the second half of the financial year.

Findi expects its adjusted operating EBITDA to fall between $8 million and $10 million once non-recurring items are excluded.

The company successfully completed a working capital infusion into TSI India in May, which has stabilised the business and put its portfolio optimisation back on track.

Findi reported strong post-period operating momentum into May, driven by improvements across BankIT, WLA, and BLA operations.

Additionally, the group has strengthened its executive leadership by appointing Shaun Lordan as Chief Commercial Officer to drive platform commercialisation.

Despite the near-term financial adjustments, Findi’s long-term strategic trajectory remains intact, with plans firmly in place for its 2027 Indian IPO and an ongoing push towards securing Payments Bank status.

At the time of reporting, Findi’s share price was $0.62.