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RZI

Raiz InvestASX:RZI Stock Report

Market Cap

AU$163.6m

7D

0.8%

1Y

146.7%

Updated

26 Oct, 2021

Data

Company Financials +
RZI fundamental analysis
Snowflake Score
Valuation0/6
Future Growth5/6
Past Performance0/6
Financial Health5/6
Dividends0/6

RZI Overview

Raiz Invest Limited provides financial services and products through its mobile micro-investing platform in Australia, Indonesia, and Malaysia.

Price History & Performance

Summary of all time highs, changes and price drops for Raiz Invest
Historical stock prices
Current Share PriceAU$1.85
52 Week HighAU$0.69
52 Week LowAU$2.20
Beta2.02
1 Month Change2.78%
3 Month Change10.12%
1 Year Change146.67%
3 Year Change184.62%
5 Year Changen/a
Change since IPO32.14%

Recent News & Updates

Feb 11
What Is The Ownership Structure Like For Raiz Invest Limited (ASX:RZI)?

What Is The Ownership Structure Like For Raiz Invest Limited (ASX:RZI)?

Every investor in Raiz Invest Limited ( ASX:RZI ) should be aware of the most powerful shareholder groups. Insiders...

Shareholder Returns

RZIAU Capital MarketsAU Market
7D0.8%2.3%0.8%
1Y146.7%29.1%24.4%

Return vs Industry: RZI exceeded the Australian Capital Markets industry which returned 29.1% over the past year.

Return vs Market: RZI exceeded the Australian Market which returned 24.4% over the past year.

Price Volatility

Is RZI's price volatile compared to industry and market?
RZI volatility
RZI Beta2.02
Industry Beta0.99
Market Beta1

Stable Share Price: RZI is not significantly more volatile than the rest of Australian stocks over the past 3 months, typically moving +/- 9% a week.

Volatility Over Time: RZI's weekly volatility (9%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
2016n/aGeorge Lucashttps://www.raizinvest.com.au

Raiz Invest Limited provides financial services and products through its mobile micro-investing platform in Australia, Indonesia, and Malaysia. The company operates through two segments, Raiz Invest Micro-Investing Platform and Other Financial segments. Its platform offers customers a way to invest money using the Raiz mobile application or through the Raiz Website.

Raiz Invest Fundamentals Summary

How do Raiz Invest's earnings and revenue compare to its market cap?
RZI fundamental statistics
Market CapAU$163.61m
Earnings (TTM)-AU$3.52m
Revenue (TTM)AU$13.97m

11.6x

P/S Ratio

-45.9x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
RZI income statement (TTM)
RevenueAU$13.97m
Cost of RevenueAU$4.45m
Gross ProfitAU$9.52m
ExpensesAU$13.04m
Earnings-AU$3.52m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)-0.04
Gross Margin68.13%
Net Profit Margin-25.20%
Debt/Equity Ratio0.5%

How did RZI perform over the long term?

See historical performance and comparison

Valuation

Is Raiz Invest undervalued compared to its fair value and its price relative to the market?

4.22x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate RZI's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate RZI's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: RZI is unprofitable, so we can't compare its PE Ratio to the Australian Capital Markets industry average.

PE vs Market: RZI is unprofitable, so we can't compare its PE Ratio to the Australian market.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate RZI's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: RZI is overvalued based on its PB Ratio (4.2x) compared to the AU Capital Markets industry average (1.4x).


Future Growth

How is Raiz Invest forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?

136.0%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: RZI is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (1.9%).

Earnings vs Market: RZI is forecast to become profitable over the next 3 years, which is considered above average market growth.

High Growth Earnings: RZI's is expected to become profitable in the next 3 years.

Revenue vs Market: RZI's revenue (27.8% per year) is forecast to grow faster than the Australian market (5.3% per year).

High Growth Revenue: RZI's revenue (27.8% per year) is forecast to grow faster than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: RZI's Return on Equity is forecast to be low in 3 years time (9.5%).


Past Performance

How has Raiz Invest performed over the past 5 years?

11.7%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: RZI is currently unprofitable.

Growing Profit Margin: RZI is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: RZI is unprofitable, but has reduced losses over the past 5 years at a rate of 11.7% per year.

Accelerating Growth: Unable to compare RZI's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: RZI is unprofitable, making it difficult to compare its past year earnings growth to the Capital Markets industry (12.8%).


Return on Equity

High ROE: RZI has a negative Return on Equity (-13.06%), as it is currently unprofitable.


Financial Health

How is Raiz Invest's financial position?


Financial Position Analysis

Short Term Liabilities: RZI's short term assets (A$21.8M) exceed its short term liabilities (A$3.5M).

Long Term Liabilities: RZI's short term assets (A$21.8M) exceed its long term liabilities (A$1.3M).


Debt to Equity History and Analysis

Debt Level: RZI's debt to equity ratio (0.5%) is considered satisfactory.

Reducing Debt: Insufficient data to determine if RZI's debt to equity ratio has reduced over the past 5 years.


Balance Sheet


Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: RZI has sufficient cash runway for more than 3 years based on its current free cash flow.

Forecast Cash Runway: RZI has sufficient cash runway for more than 3 years if free cash flow continues to grow at historical rates of 11.7% each year


Dividend

What is Raiz Invest current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate RZI's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate RZI's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if RZI's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if RZI's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of RZI's dividend in 3 years as they are not forecast to pay a notable one for the Australian market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

0.2yrs

Average management tenure


CEO

George Lucas

0.083

Tenure

AU$842,479

Compensation

Mr. George Simon Lucas is the Founder, Joint Group Chief Executive Officer and Managing Director at Raiz Invest Limited since 2020. His experience spans retail product strategy, managing investment risk, p...


CEO Compensation Analysis

Compensation vs Market: George's total compensation ($USD631.54K) is above average for companies of similar size in the Australian market ($USD301.38K).

Compensation vs Earnings: George's compensation has increased whilst the company is unprofitable.


Leadership Team

Experienced Management: RZI's management team is not considered experienced ( 0.2 years average tenure), which suggests a new team.


Board Members

Experienced Board: RZI's board of directors are not considered experienced ( 0.8 years average tenure), which suggests a new board.


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 16.4%.


Top Shareholders

Company Information

Raiz Invest Limited's employee growth, exchange listings and data sources


Key Information

  • Name: Raiz Invest Limited
  • Ticker: RZI
  • Exchange: ASX
  • Founded: 2016
  • Industry: Investment Banking and Brokerage
  • Sector: Diversified Financials
  • Market Cap: AU$163.615m
  • Shares outstanding: 87.26m
  • Website: https://www.raizinvest.com.au

Number of Employees


Location

  • Raiz Invest Limited
  • 2 Bulletin Place
  • Level 11
  • Sydney
  • New South Wales
  • 2000
  • Australia

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/26 07:02
End of Day Share Price2021/10/26 00:00
Earnings2021/06/30
Annual Earnings2021/06/30


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.