Change Financial Limited

ASX:CCA

Change Financial Limited

ASX:CCA
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$0.068 (-2.9%)
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#53
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16
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Reports (2) My Report Forum Investors
Forum Topics CCA CCA Q4 FY24 and FY25 guidance

Pinned straw:
mushroompanda
Added one year ago

Very impressive set of results this morning, and guiding 30%+ revenue and EBITDA positive in FY25. A few things that stood out to me:

  • The 30% revenue growth guidance is not a “finger in the air” type of number. It’s backed by the recent wins and the migration of new clients onto the PaaS platform. Any additional wins or increase in demand for professional services will likely to see this guidance revised higher.
  • They’ve essentially doubled the recurring revenue base between FY23 to FY25 on the back of the PaaS launch and the customer wins associated.
  • The company is now transitioning its key focus from product development to commercialisation, now that the Vertexon platform is now live and active.


While I hate myself for plugging my own site, InvestorPA provides a good summary of the announcement made today: https://investorpa.com/announcement/15910/
neke86_
Added one year ago

investorpa is so good, open a paid tier please

6
lowway
Added one year ago

@mushroompanda thanks for the summary on the $CCA updated financials. Agree entirely with your thoughts on these numbers.

I also concur with @Slideup & @Arizona , plug away mate

12
Slideup
Added one year ago

@mushroompanda plug away, I think InvestorPA is fantastic. Getting an email alert when an announcement comes out is super handy. Great idea and thanks for providing this

16
Arizona
Added one year ago

@mushroompanda Plug away indeed.

12
RogueTrader
Added 5 months ago

CCA Financial (CCA) powers on with an upgrade to guidance (and "transition to cash flow positive") this morning:

(Luke Winchester (Wini) has also been plugging this one for at least the last year:) https://www.merewethercapital.com.au/blog/is-there-change-in-the-air-for-this-fintech/

cc1f43274d8c82b72f21065bec0facfc2b24c4.png

Held in RL

20
Wini
Added 5 months ago

@RogueTrader a broken clock is right twice a day!

Very happy with this update, FY25 coming in roughly where I was expecting (you could see from previous three quarters they were going to smash guidance) but the strength of the EBITDA guidance in FY26 surprised me. Hopefully shows the market the inherent leverage in the business model and these guys can keep executing.

21
lowway
Added 5 months ago

Yes, thanks to @Wini this one came onto my radar a while ago. Nice numbers today and the market thinks so as well!!


15
RogueTrader
Added 5 months ago

An exciting day for the Wini recco's with CCA also galloping up 17% for no apparent reason (apart from the upgrade five days ago.)

11