Change Financial announces record quarterly revenue of $6.2 million

Change Financial Limited have provided an update on the company’s business activities for the quarter ended 30 June 2025 (Q4 FY25).

Change Financial achieved a record quarterly revenue of $6.2 million, up 26% on the prior corresponding period (pcp). Additionally, the company gained customer receipts of A$6.6 million, up 21% on prior corresponding period.

Change Financial CEO Tony Sheehan commented, “As we enhanced our go to market strategy during the year with key changes to our sales and marketing approach, we are seeing momentum building across both Vertexon and PaySim. The sales pipeline continues to grow and the speed at which clients are moving through the sales funnel is increasing. During the quarter we signed a new PaaS client with existing card programs in Australia and New Zealand. We also saw significantly increased sales activity for PaySim throughout the second half of the year as we actively pursue the sizeable global market opportunity.

“Very pleasingly we had a strong finish to the financial year as we continued to grow revenue, delivering another record quarterly revenue result. We have now delivered a 3-year revenue CAGR of 22% from FY23 to FY25. The increasing momentum we are seeing across the business is reflected in our positive outlook for FY26. The transition to cash flow positive marks a significant milestone in the company’s lifecycle as the business hits an operating leverage inflection point.

“We are well positioned to realise the benefits of our focus and investment in sales and marketing during FY25 and maintain a target revenue CAGR in excess of 20% over the medium to long-term. We are in an exciting period for the company and remain focussed on executing our strategy and delivering profitable revenue growth.”