Change Financial Limited

ASX:CCA

Change Financial Limited

ASX:CCA
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$0.100 (+4.2%)
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#26
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20
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Forum Topics CCA CCA Guidance upgrade

Pinned straw:
Rick
Added a month ago

Management just upgraded FY26 EBITDA guidance by 15%. A very timely call as your stock pick of the year on Friday @Wini! https://cdn-api.markitdigital.com/apiman-gateway/ASX/asx-research/1.0/file/2924-03048884-2A1649665&v=undefined

Change Financial Limited (ASX: CCA) has announced its H1 FY26 results and upgraded its FY26 guidance.


  • H1 FY26 revenue (unaudited) of US$9.3m (A$13.9m), up 29% on H1 FY25

  • Rolling 3-year revenue CAGR increased to 25% for the period ended H1 FY26

  • Underlying EBITDA (unaudited) of US$1.8m (A$2.7m) for H1 FY26

  • FY26 revenue now expected to be between US$17.5m (A$26.1m) to US$18.5m (A$27.6m)
  • FY26 Underlying EBITDA expected to be between US$3.1m (A$4.6m) to US$3.8m (A$5.7m), a 15% increase at the midpoint compared to previous guidance

  • Expected to be net cash flow positive for FY26


Held IRL

twee
Added a month ago

Was pleasing, a very modest upgrade though. I was hoping for some more info on the platform usage metrics nothing on that yet.

Earlier today I did see some sharesies advertising for the 1% cash back card, keen to see if this has an effect in H2.

15
Wini
Added a month ago

Better to be lucky than smart @Rick!

A guidance upgrade wasn't a bold call though, after the great 1Q if the seasonally stronger 2Q maintained that momentum they were run-rating above guidance.

I daresay that even the new guidance looks like it could be beaten, though it will require the lumpier licensing revenue to stay strong which is harder to forecast so I appreciate management's conservatism for now.

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