Findi (FND) H1 2026 earnings summary

Executive summary

• Expanded financial access in India via acquisitions of TCPSL (FindiATM) and BankIT (FindiBANKIT), integrating 4,500+ ATMs and 120,000+ merchant touchpoints.

• Unified FindiBANKIT portal launched, consolidating 49,353 FindiPay merchants and redeploying staff to optimize operations.

• White Label ATM license received in perpetuity from RBI, deepening market presence to ~175,000 touchpoints across 12,000+ post codes.

• New BC MAXX centres piloted with Central Bank of India, preparing for broader rollout.

Financial highlights

• Total revenue for the half year ended 30 September 2025 was $49.26 million, up from $33.9 million year-over-year.

• Operating loss after tax was $24.65 million, including $9.2 million in non-recurring costs, compared to a $3.2 million loss in the prior year.

• Net assets at 30 September 2025 were $42.6 million, down from $64.5 million at 31 March 2025.

• Basic and diluted loss per share were (37.76) cents, compared to (7.28) cents year-over-year.

• Net cash used in operating activities was $6.52 million, versus $7.65 million generated in the prior year.

Outlook and guidance

• Funding initiatives underway, including new term debt facilities and a proposed A$30–50 million note facility to support operations and expansion.

• Planned listing of TSI Group on BSE by March 2027, targeting a primary and secondary offering of A$87–111 million each.

• Budgets and forecasts indicate a return to profitable trading and positive cash flow within 12 months.