Announcement • Jun 05
Findi Limited Announces Appointment and Resignation of Joint Company Secretaries, Effective June 3, 2026 Findi Limited advised that Ms Charly Duffy and Ms Shelby Coleman had tendered their resignations as joint company secretaries with effect from June 3, 2026. The company announced the appointment of Mr. Sam Wright and Mr. Thomas May as joint company secretaries of the company effective June 3, 2026. Mr. Wright is the founding director of Straight Lines Consultancy and has over 20 years’ experience advising and serving on the boards of listed companies. He specialises in corporate governance, capital markets transactions and the administration of publicly listed entities, including companies listed on the ASX, London Stock Exchange and Canadian Securities Exchange. Mr. May is an experienced corporate governance professional with a strong background in financial management, accounting and capital markets. He currently acts as Company Secretary for a number of companies, including Resolute Mining Limited which is dual-listed on the ASX200 and London Stock Exchange. Mr. Wright and Mr. May will be responsible for communications with the ASX in relation to Listing Rule matters under Listing Rule 12.6. Reported Earnings • May 29
Full year 2026 earnings released: AU$0.82 loss per share (vs AU$0.24 loss in FY 2025) Full year 2026 results: AU$0.82 loss per share (further deteriorated from AU$0.24 loss in FY 2025). Revenue: AU$89.6m (up 47% from FY 2025). Net loss: AU$49.6m (loss widened 315% from FY 2025). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 145 percentage points per year, which is a significant difference in performance. Announcement • May 21
Findi Limited to Report Fiscal Year 2026 Results on May 29, 2026 Findi Limited announced that they will report fiscal year 2026 results at 4:12 PM, AUS Eastern Standard Time on May 29, 2026 Board Change • May 20
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 3 non-independent directors. Non-Executive Director Stephen Benton was the last director to join the board, commencing their role in 2025. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Announcement • May 01
Findi Limited has completed a Follow-on Equity Offering in the amount of AUD 25.010376 million. Findi Limited has completed a Follow-on Equity Offering in the amount of AUD 25.010376 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 13,683,113
Price\Range: AUD 0.7
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 22,045,995
Price\Range: AUD 0.7
Discount Per Security: AUD 0.042
Transaction Features: Subsequent Direct Listing Announcement • Feb 13
Findi Limited (ASX:FND) completed the acquisition of Sphere (For Good) Holdings Pty Ltd for AUD 14.2 million. Findi Limited (ASX:FND) entered into a share sale agreement to acquire Sphere (For Good) Holdings Pty Ltd for AUD 6 million on October 21, 2025. The consideration will be paid entirely in Findi shares, priced at the 5-day VWAP prior to completion. The payment is structured as: AUD 2.7 million in upfront shares at completion; AUD 0.3 million in holdback shares to be converted on June 30, 2026; and up to AUD 3 million in two separate earn-out payments contingent on Sphere achieving specified revenue milestones in FY2025 and 2026.
Subject to completion, Findi will appoint Stephen Benton and Tineyi Matanda as non-executive directors to its board and current Non-Executive Director Simon Vertullo will retire as Director of Findi.
The transaction is subject to satisfactory buyer due diligence, Findi board and shareholder approvals, and change of control consents for Sphere's material contracts. These conditions must be satisfied by December 31, 2025.As of December 29, 2025, the deal has been approved by the shareholders of Findi Limited.
Findi Limited (ASX:FND) completed the acquisition of Sphere (For Good) Holdings Pty Ltd on February 12, 2026. A stock consideration of 2.44 million shares and a stock earn-out consideration of 2.7 million shares of Findi Limited, valued in total at AUD 14.16 million, will be issued for the common equity of Sphere (For Good) Holdings Pty Ltd. Announcement • Jan 15
Findi Limited Announces Appointment of Charly Duffy and Shelby Coleman as Joint Company Secretaries and Resignation of Justin Mouchacca and Nova Taylor Findi Limited announced the appointment of Charly Duffy and Shelby Coleman as joint company secretaries of the Company. As a practising corporate and equity capital markets lawyer, Ms Duffy established cdPlus Corporate Services Pty Ltd. in 2014 to leverage her experience to provide outsourced company secretarial and governance services to listed, unlisted, private and not-for-profit Boards with a strong focus on ASX Listing Rules compliance. Ms Duffy is also a Partner of Coghlan Duffy Lawyers with a Bachelor of Laws, and a Fellow Member of Governance Institute of Australia and ICSA holding a Graduate Diploma of Applied Corporate Governance. Ms Coleman is a seasoned governance and compliance specialist with experience advising ASX listed companies across a range of industries on corporate governance and compliance matters. Ms Coleman holds a Bachelor of Laws and a Bachelor of Arts from Victoria University of Wellington and is an Affiliate member of the Governance Institute of Australia and ICSA. Ms Duffy and Ms Coleman will be responsible for communications with the ASX in relation to Listing Rule matters under Listing Rule 12.6. The Company advised that Justin Mouchacca and Nova Taylor have tendered their resignations as joint company secretaries. Announcement • Nov 28
Findi Limited Provides Earnings Guidance for the Second Half of 2026; Reaffirms Earnings Guidance for the Fiscal Year 2026 Findi Limited provided earnings guidance for the second half of 2026. For the second half, the company expects total Operating Revenue of AUD 57.5 million.
For the year, the company expects revenue in the range of AUD 100 million - AUD 105 million. Total Operating Revenue of AUD 103.9 Million. Announcement • Jul 03
Findi Limited, Annual General Meeting, Aug 28, 2025 Findi Limited, Annual General Meeting, Aug 28, 2025. Announcement • May 29
Findi Limited to Report Fiscal Year 2025 Results on May 30, 2025 Findi Limited announced that they will report fiscal year 2025 results Pre-Market on May 30, 2025 Announcement • Mar 20
Findi Limited has filed a Follow-on Equity Offering in the amount of AUD 5 million. Findi Limited has filed a Follow-on Equity Offering in the amount of AUD 5 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 1,250,000
Price\Range: AUD 4 Announcement • Feb 17
Findi Limited Revises Revenue Guidance for the Fiscal Year 2025 Findi Limited revised revenue guidance for the fiscal year 2025. For the year 2025, the company revises revenue is now expected to be in the range of $68 million - $70 million and compares with previous guidance of $80 million-$90 million. Board Change • Dec 30
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. No highly experienced directors. Independent Non-Executive Chairman Nicholas Smedley was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Valuation Update With 7 Day Price Move • Oct 18
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to €3.30, the stock trades at a trailing P/E ratio of 66.1x. Average forward P/E is 12x in the Diversified Financial industry in Germany. Total returns to shareholders of 1,160% over the past year. Valuation Update With 7 Day Price Move • Sep 18
Investor sentiment improves as stock rises 23% After last week's 23% share price gain to €2.48, the stock trades at a trailing P/E ratio of 48.6x. Average forward P/E is 11x in the Diversified Financial industry in Germany. Total returns to shareholders of 812% over the past year. Valuation Update With 7 Day Price Move • Aug 26
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to €2.40, the stock trades at a forward P/E ratio of 19x. Average forward P/E is 11x in the Diversified Financial industry in Germany. Total returns to shareholders of 751% over the past year. New Risk • Aug 05
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: €90.1m (US$98.6m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (1.2x net interest cover). Share price has been highly volatile over the past 3 months (15% average weekly change). Minor Risks Shareholders have been diluted in the past year (34% increase in shares outstanding). Market cap is less than US$100m (€90.1m market cap, or US$98.6m). Valuation Update With 7 Day Price Move • Jul 26
Investor sentiment deteriorates as stock falls 18% After last week's 18% share price decline to €2.20, the stock trades at a forward P/E ratio of 18x. Average forward P/E is 12x in the Diversified Financial industry in Germany. Total returns to shareholders of 653% over the past year. Reported Earnings • Jun 30
Full year 2024 earnings released: EPS: AU$0.10 (vs AU$0.067 in FY 2023) Full year 2024 results: EPS: AU$0.10 (up from AU$0.067 in FY 2023). Revenue: AU$66.4m (up 25% from FY 2023). Net income: AU$4.04m (up 66% from FY 2023). Profit margin: 6.1% (up from 4.6% in FY 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 15% p.a. on average during the next 2 years, compared to a 13% growth forecast for the Diversified Financial industry in Germany. Valuation Update With 7 Day Price Move • Jun 27
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to €2.86, the stock trades at a forward P/E ratio of 22x. Average forward P/E is 11x in the Diversified Financial industry in Germany. Total returns to shareholders of 1,082% over the past year. Announcement • Jun 21
Findi Limited, Annual General Meeting, Aug 15, 2024 Findi Limited, Annual General Meeting, Aug 15, 2024. Valuation Update With 7 Day Price Move • May 27
Investor sentiment improves as stock rises 27% After last week's 27% share price gain to €2.32, the stock trades at a forward P/E ratio of 18x. Average forward P/E is 10x in the Diversified Financial industry in Germany. Total returns to shareholders of 753% over the past year. Reported Earnings • May 22
Full year 2024 earnings released: EPS: AU$0.10 (vs AU$0.067 in FY 2023) Full year 2024 results: EPS: AU$0.10 (up from AU$0.067 in FY 2023). Revenue: AU$66.5m (up 25% from FY 2023). Net income: AU$4.04m (up 66% from FY 2023). Profit margin: 6.1% (up from 4.6% in FY 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 15% p.a. on average during the next 2 years, compared to a 13% growth forecast for the Diversified Financial industry in Germany. Valuation Update With 7 Day Price Move • May 03
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to €1.76, the stock trades at a forward P/E ratio of 18x. Average forward P/E is 10x in the Diversified Financial industry in Germany. Total returns to shareholders of 461% over the past year. Valuation Update With 7 Day Price Move • Apr 17
Investor sentiment deteriorates as stock falls 22% After last week's 22% share price decline to €1.48, the stock trades at a forward P/E ratio of 16x. Average forward P/E is 11x in the Diversified Financial industry in Germany. Total returns to shareholders of 360% over the past year. Valuation Update With 7 Day Price Move • Apr 03
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to €1.94, the stock trades at a forward P/E ratio of 20x. Average forward P/E is 11x in the Diversified Financial industry in Germany. Total returns to shareholders of 469% over the past year. Valuation Update With 7 Day Price Move • Mar 14
Investor sentiment improves as stock rises 21% After last week's 21% share price gain to €1.46, the stock trades at a forward P/E ratio of 16x. Average forward P/E is 11x in the Diversified Financial industry in Germany. Announcement • Mar 01
Findi Limited Announces Appointment of Alastair Williams as Chief Financial Officer, Effective 1 March 2024 Findi Limited announced the appointment of Alastair Williams as the Company's Chief Financial Officer (CFO), effective 1 March 2024. Mr. Williams is an experienced CPA with a Masters Degree in Commerce. He has recently been the CFO of an Electricity retailer and before that was a Partner at boutique accounting and finance firm, Clarendon Partners. In addition to day-to-day duties as CFO, Mr. Williams is being tasked specifically with supporting the Board and Indian subsidiary with listing in India. Valuation Update With 7 Day Price Move • Feb 16
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to €1.04, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 12x in the Diversified Financial industry in Germany. Valuation Update With 7 Day Price Move • Feb 01
Investor sentiment improves as stock rises 42% After last week's 42% share price gain to €1.01, the stock trades at a forward P/E ratio of 10x. Average forward P/E is 10x in the Diversified Financial industry in Germany. New Risk • Jan 31
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 51% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (1.7x net interest cover). Share price has been highly volatile over the past 3 months (21% average weekly change). High level of non-cash earnings (36% accrual ratio). Shareholders have been substantially diluted in the past year (51% increase in shares outstanding). Minor Risks Significant insider selling over the past 3 months (€479k sold). Market cap is less than US$100m (€45.8m market cap, or US$49.6m). Announcement • Jan 29
Findi Limited Announces Executive Changes Findi Limited announced the appointment of Mr. Justin Mouchacca and Ms. Nova Taylor as joint Company Secretaries of the company effective immediately. Mr. Mouchacca is a Chartered Accountant and Fellow of the Governance Institute of Australia with over 17 years' experience in public company responsibilities including statutory, corporate governance and financial reporting requirements. Since July 2019, Mr. Mouchacca has been principal of JM Corporate Services and has been appointed Company Secretary and Financial Officer for a number of entities listed on the ASX and unlisted public companies. Ms. Taylor is a professional Company Secretary with approximately 7 years' experience working with listed companies in Company Secretary and Assistant Company Secretary roles. She previously worked for Computershare Investor Services Pty Limited in various roles for over 10 years. Nova has completed a Bachelor of Laws at Deakin University. Further to this appointment, Mr. Andrew Metcalfe will step down as Company Secretary of the Company effective immediately. New Risk • Dec 06
New minor risk - Insider selling There has been significant insider selling in the company's shares over the past 3 months. Total value of shares sold: €147k This is considered a minor risk. There are several reasons why an insider may be selling, including to cover a tax obligation or pay for some other expense. However, we generally consider it a negative if insiders have been selling, especially if they do so below the current price. It implies that they considered a lower price to be reasonable. This is a weak signal, but if there is a pattern of unexplained selling, it can be a sign the insider believes the company's stock is overpriced. Note: We only include open market transactions and private dispositions of directly owned stock by individuals, not by corporations or trusts. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (1.7x net interest cover). Share price has been highly volatile over the past 3 months (20% average weekly change). High level of non-cash earnings (36% accrual ratio). Minor Risks Shareholders have been diluted in the past year (19% increase in shares outstanding). Significant insider selling over the past 3 months (€147k sold). Market cap is less than US$100m (€23.0m market cap, or US$24.9m). Reported Earnings • Nov 30
First half 2024 earnings released First half 2024 results: EPS: AU$0.03. Revenue: AU$30.5m (up 28% from 1H 2023). Net income: AU$1.10m (up 478% from 1H 2023). Profit margin: 3.6% (up from 0.8% in 1H 2023). The increase in margin was driven by higher revenue. Announcement • Nov 29
Findi Limited Reaffirms Revenue Guidance for the Fiscal Year 2024 Findi Limited reaffirmed revenue guidance for the fiscal year 2024. For the period, the company expected revenue of $67.3 million. Announcement • Aug 04
Findi Limited, Annual General Meeting, Sep 05, 2023 Findi Limited, Annual General Meeting, Sep 05, 2023, at 11:01 AUS Eastern Standard Time. Agenda: To consider the Annual Report of the Company and its controlled entities for the year ended 31 March 2023, which includes the Financial Report and Director's Report, Remuneration Report and the Auditor's Report; to consider and Affirmation of Director Appointment Nicholas Smedley and Simon Vertullo; to consider and Re-election of Director - Jason Titman; to consider and Ratification of a prior issue of Shares pursuant to placement; to consider and Approval of 10% Placement Capacity; and to consider other matter also. Board Change • Jul 26
High number of new and inexperienced directors There are 3 new directors who have joined the board in the last 3 years. The company's board is composed of: 3 new directors. No experienced directors. No highly experienced directors. Independent Non-Executive Director Jason Titman is the most experienced director on the board, commencing their role in 2021. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model.