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RAIZ Invest Ltd
Previous close
$0.45
Day range
$0.44 - $0.46
Year range
$0.33 - $0.47
Market cap
46.70M AUD
Avg Volume
79.65K
P/E ratio
-
Dividend yield
-
Primary exchange
ASX
In the news
Financials
Income Statement
Revenue
Net income
| (AUD) | Jun 2024info | Y/Y change |
|---|---|---|
Revenue | — | — |
Operating expense | — | — |
Net income | — | — |
Net profit margin | — | — |
Earnings per share | — | — |
EBITDA | — | — |
Effective tax rate | — | — |
Balance Sheet
Total assets
Total liabilities
| (AUD) | Jun 2024info | Y/Y change |
|---|---|---|
Cash and short-term investments | 10.25M | 12.33% |
Total assets | 42.88M | -4.18% |
Total liabilities | 6.52M | 5.76% |
Total equity | 36.36M | — |
Shares outstanding | 95.47M | — |
Price to book | 1.12 | — |
Return on assets | — | — |
Return on capital | — | — |
Cash Flow
Net change in cash
| (AUD) | Jun 2024info | Y/Y change |
|---|---|---|
Net income | — | — |
Cash from operations | — | — |
Cash from investing | — | — |
Cash from financing | — | — |
Net change in cash | — | — |
Free cash flow | — | — |
About
Raiz Invest Limited is an Australian financial technology company operating in Australia, Indonesia and Malaysia. It is listed on the Australian Securities Exchange. It allows Australian customers to micro-invest. the remaining round up of everyday purchases in exchange traded funds.
As of October 2021, the service has 419,552 monthly active users with $694.27 million funds under management. The total revenue during FY2020 was $10.3 million. Brendan Malone is Managing Director / CEO of the company.
The average user investment portfolio of Raiz Invest grew 11 per cent a year since start in February 2016.
70% of customers are aged between 18 and 35, and over 80% invest at least once a month into their account. The minimum investment to open an account is $5. Wikipedia
CEO
Founded
2016
Website
Employees
16
