Raiz Invest Ltd. ( (AU:RZI) ) has provided an announcement.
Raiz Invest Limited reported a 14.3% increase in revenue from ordinary activities for the half-year ended 31 December 2024, despite a loss attributed to owners of the parent entity reducing by 18.1% compared to the previous year. The company completed the divestment of its Southeast Asian operations in December 2024, following a strategic review, indicating a shift in focus towards its core markets.
More about Raiz Invest Ltd.
Raiz Invest Limited operates in the financial technology industry, offering micro-investing services that allow users to invest small amounts of money into diversified portfolios. The company focuses on providing accessible investment solutions, primarily targeting individual investors seeking to grow their savings through automated and simplified investment processes.
YTD Price Performance: 35.48%
Technical Sentiment Consensus Rating: Sell
Current Market Cap: €46.34M
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