Australia's Raiz Invest climbs on strong quarterly results

RAIZ Invest

28/04/2026 05:53

** Shares of Raiz Invest RZI.AX rise as much as 5.4% to A$0.59, on track for their best session since April 1

** Financial services co reports funds under management of A$2.04 billion ($1.47 billion), as at March 31, up 23.6% on-year

** Says active customers at quarter-end 340,222, 4.7% higher on-year, with ARPU of A$86.61, up 14.1%

** Remains on track to achieve FY26 UEBITDA guidance of A$4.5 million-A$5.5 million

** Down 22.9% YTD, including session's moves

($1 = 1.3922 Australian dollars)

 (Reporting by Anjali Singh in Bengaluru)

 ((anjali.singh2@thomsonreuters.com;))