Australia's Raiz Invest rises to six-month high on strong results
27/08/2026 04:04
BUZZ-Australia's Raiz Invest rises to six-month high on strong results Aug 27 (Reuters) - ** Shares of Australia's Raiz Invest RZI.AX rise as much as 7.3% to A$0.660, hitting its highest level since February 27
** Stock logs its biggest intraday pct gain since August 6
** The mobile-based investment platform posts an annual statutory NPAT of A$3.5 million ($2.51 million), compared to a loss of A$365,000 last year
** Co posts annual revenue of A$29.2 million, 21% higher than last year
** YTD, stock down 13.7%, including session's moves
($1 = 1.3922 Australian dollars)
(Reporting by Tejas Harish)
Recent news on RAIZ Invest
See all newsBrief: Raiz Invest Posts QTRLY ARPU Of A$86.69
Australian micro-investing platform Raiz hits record low on tax compliance issues
Brief: Raiz Invest Identifies Historical TFN And ABN Tax Compliance Matters Since 2015
Brief: Raiz Invest Seeks Trading Halt
Australia's Raiz Invest rises to six-month high on strong results