Latest news with #RaizInvest
The Age
24-04-2025
- Business
- The Age
Raiz rides out market turmoil to log surge in funds under management
ASX-listed fintech micro-investment disrupter Raiz Invest has posted a blockbuster quarterly result, shaking off March's global market jitters to clock record-breaking funds under management, underpinned by a turbocharged pipeline of product innovation. While Raiz may run a fairly traditional fund, the way it attracts money is anything but. Its slick tech platform lets users round up everyday purchases to the nearest $1, $2 or $3 - with the spare change automatically funnelled into an investment account in their name. In its latest update, the company raked in a hefty $60 million in net inflows for the three months to March - up 67.9 per cent on the previous period to achieve its best effort since the heady days of mid-2022. Total funds under management are 23.1 per cent higher than a year ago and now sit at a record $1.65 billion. Company revenues also continued to rise with a 2.6 per cent quarter-on-quarter uptick to $6.1M, translating into a 14.1 per cent lift for the past 12 months. 'Our business model is again proving to be resilient through market cycles, and we are well positioned to continue our growth trajectory.' Raiz Invest managing director and chief executive officer Brendan Malone Adding to the good numbers, the micro-investment maestro reported a 6.9 per cent year-on-year jump in active customers to 324,968 and a 5.9 per cent bump in annualised revenue per user, which climbed to $75.94 each. Indeed, more than 60 per cent of customers continued to make recurring deposits throughout the quarter, helping drive the average account balance to $5078 – a 15.1 per cent lift from a year ago. Although the growth in active users marginally slowed in the quarter to 6973 - with the finger of blame pointing squarely at global market volatility - the positive trend has resumed and sat at 326,544 yesterday.
Sydney Morning Herald
24-04-2025
- Business
- Sydney Morning Herald
Raiz rides out market turmoil to log surge in funds under management
ASX-listed fintech micro-investment disrupter Raiz Invest has posted a blockbuster quarterly result, shaking off March's global market jitters to clock record-breaking funds under management, underpinned by a turbocharged pipeline of product innovation. While Raiz may run a fairly traditional fund, the way it attracts money is anything but. Its slick tech platform lets users round up everyday purchases to the nearest $1, $2 or $3 - with the spare change automatically funnelled into an investment account in their name. In its latest update, the company raked in a hefty $60 million in net inflows for the three months to March - up 67.9 per cent on the previous period to achieve its best effort since the heady days of mid-2022. Total funds under management are 23.1 per cent higher than a year ago and now sit at a record $1.65 billion. Company revenues also continued to rise with a 2.6 per cent quarter-on-quarter uptick to $6.1M, translating into a 14.1 per cent lift for the past 12 months. 'Our business model is again proving to be resilient through market cycles, and we are well positioned to continue our growth trajectory.' Raiz Invest managing director and chief executive officer Brendan Malone Adding to the good numbers, the micro-investment maestro reported a 6.9 per cent year-on-year jump in active customers to 324,968 and a 5.9 per cent bump in annualised revenue per user, which climbed to $75.94 each. Indeed, more than 60 per cent of customers continued to make recurring deposits throughout the quarter, helping drive the average account balance to $5078 – a 15.1 per cent lift from a year ago. Although the growth in active users marginally slowed in the quarter to 6973 - with the finger of blame pointing squarely at global market volatility - the positive trend has resumed and sat at 326,544 yesterday.
Yahoo
09-03-2025
- Business
- Yahoo
Paul Rogan Spends AU$121k On Raiz Invest Stock
Even if it's not a huge purchase, we think it was good to see that Paul Rogan, the Non-Executive Director of Raiz Invest Limited (ASX:RZI) recently shelled out AU$121k to buy stock, at AU$0.61 per share. Nevertheless, it only increased their shareholding by a minuscule percentage, and it wasn't a massive purchase by absolute value, either. See our latest analysis for Raiz Invest Notably, that recent purchase by Paul Rogan is the biggest insider purchase of Raiz Invest shares that we've seen in the last year. That means that even when the share price was higher than AU$0.56 (the recent price), an insider wanted to purchase shares. Their view may have changed since then, but at least it shows they felt optimistic at the time. To us, it's very important to consider the price insiders pay for shares. It is generally more encouraging if they paid above the current price, as it suggests they saw value, even at higher levels. Raiz Invest insiders may have bought shares in the last year, but they didn't sell any. They paid about AU$0.50 on average. We don't deny that it is nice to see insiders buying stock in the company. However, you should keep in mind that they bought when the share price was meaningfully below today's levels. The chart below shows insider transactions (by companies and individuals) over the last year. If you click on the chart, you can see all the individual transactions, including the share price, individual, and the date! Raiz Invest is not the only stock that insiders are buying. For those who like to find small cap companies at attractive valuations, this free list of growing companies with recent insider purchasing, could be just the ticket. For a common shareholder, it is worth checking how many shares are held by company insiders. A high insider ownership often makes company leadership more mindful of shareholder interests. From our data, it seems that Raiz Invest insiders own 6.6% of the company, worth about AU$3.9m. However, it's possible that insiders might have an indirect interest through a more complex structure. Whilst better than nothing, we're not overly impressed by these holdings. It's certainly positive to see the recent insider purchase. We also take confidence from the longer term picture of insider transactions. But we don't feel the same about the fact the company is making losses. On this analysis the only slight negative we see is the fairly low (overall) insider ownership; their transactions suggest that they are quite positive on Raiz Invest stock. In addition to knowing about insider transactions going on, it's beneficial to identify the risks facing Raiz Invest. While conducting our analysis, we found that Raiz Invest has 1 warning sign and it would be unwise to ignore it. But note: Raiz Invest may not be the best stock to buy. So take a peek at this free list of interesting companies with high ROE and low debt. For the purposes of this article, insiders are those individuals who report their transactions to the relevant regulatory body. We currently account for open market transactions and private dispositions of direct interests only, but not derivative transactions or indirect interests. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Sign in to access your portfolio
Yahoo
02-03-2025
- Business
- Yahoo
Raiz Invest First Half 2025 Earnings: AU$0.012 loss per share (vs AU$0.016 loss in 1H 2024)
Revenue: AU$11.6m (up 2.8% from 1H 2024). Net loss: AU$892.0k (loss narrowed by 39% from 1H 2024). AU$0.012 loss per share (improved from AU$0.016 loss in 1H 2024). All figures shown in the chart above are for the trailing 12 month (TTM) period Raiz Invest shares are down 21% from a week ago. You still need to take note of risks, for example - Raiz Invest has 1 warning sign we think you should be aware of. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
Yahoo
04-02-2025
- Business
- Yahoo
Raiz Invest (ASX:RZI) shareholder returns have been splendid, earning 105% in 1 year
Unfortunately, investing is risky - companies can and do go bankrupt. But when you pick a company that is really flourishing, you can make more than 100%. For example, the Raiz Invest Limited (ASX:RZI) share price had more than doubled in just one year - up 105%. It's also good to see the share price up 81% over the last quarter. In contrast, the longer term returns are negative, since the share price is 45% lower than it was three years ago. After a strong gain in the past week, it's worth seeing if longer term returns have been driven by improving fundamentals. Check out our latest analysis for Raiz Invest Raiz Invest wasn't profitable in the last twelve months, it is unlikely we'll see a strong correlation between its share price and its earnings per share (EPS). Arguably revenue is our next best option. Generally speaking, companies without profits are expected to grow revenue every year, and at a good clip. As you can imagine, fast revenue growth, when maintained, often leads to fast profit growth. Over the last twelve months, Raiz Invest's revenue grew by 18%. That's a fairly respectable growth rate. The revenue growth is decent but the share price had an even better year, gaining 105%. If the profitability is on the horizon then now could be a very exciting time to be a shareholder. Of course, we are always cautious about succumbing to 'fear of missing out' when a stock has shot up strongly. The company's revenue and earnings (over time) are depicted in the image below (click to see the exact numbers). Take a more thorough look at Raiz Invest's financial health with this free report on its balance sheet. It's good to see that Raiz Invest has rewarded shareholders with a total shareholder return of 105% in the last twelve months. That certainly beats the loss of about 4% per year over the last half decade. The long term loss makes us cautious, but the short term TSR gain certainly hints at a brighter future. While it is well worth considering the different impacts that market conditions can have on the share price, there are other factors that are even more important. For instance, we've identified 2 warning signs for Raiz Invest (1 shouldn't be ignored) that you should be aware of. For those who like to find winning investments this free list of undervalued companies with recent insider purchasing, could be just the ticket. Please note, the market returns quoted in this article reflect the market weighted average returns of stocks that currently trade on Australian exchanges. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
