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RAIZ Invest Ltd
Previous close
$0.54
Day range
$0.50 - $0.54
Year range
$0.33 - $0.86
Market cap
53.71M AUD
Avg Volume
172.80K
P/E ratio
-
Dividend yield
-
Primary exchange
ASX
Financials
Income Statement
Revenue
Net income
| (AUD) | Dec 2024info | Y/Y change |
|---|---|---|
Revenue | 5.80M | 2.75% |
Operating expense | 4.76M | -1.99% |
Net income | -594.00K | 18.13% |
Net profit margin | -10.24 | 20.31% |
Earnings per share | — | — |
EBITDA | 129.50K | 156.80% |
Effective tax rate | 7.25% | — |
Balance Sheet
Total assets
Total liabilities
| (AUD) | Dec 2024info | Y/Y change |
|---|---|---|
Cash and short-term investments | 12.04M | 42.17% |
Total assets | 46.71M | 4.24% |
Total liabilities | 7.59M | -5.49% |
Total equity | 39.12M | — |
Shares outstanding | 74.33M | — |
Price to book | 1.02 | — |
Return on assets | -2.60% | — |
Return on capital | -3.00% | — |
Cash Flow
Net change in cash
| (AUD) | Dec 2024info | Y/Y change |
|---|---|---|
Net income | -594.00K | 18.13% |
Cash from operations | 162.50K | -71.57% |
Cash from investing | -839.50K | 6.83% |
Cash from financing | 1.82M | 417.35% |
Net change in cash | 1.15M | 12,010.53% |
Free cash flow | -447.06K | 45.16% |
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
