Switch theme
Sign up to access all valuation multiples
Change Financial Ltd is a fintech company. It develops payment processors and provides mobile banking services through its mobile application. The company operates in a single segment that is the development and provision of card payments software and services. The company serves business and financial institutions.
2011
80
LTM Revenue $22.1M
LTM EBITDA $0.8M
$19.7M
Benchmark forward-looking revenue and EBITDA valuation multiples across generative AI, climate tech, semiconductors, online marketplaces, vertical SaaS and 220 more verticals.
Change Financial has a last 12-month revenue of $22.1M and a last 12-month EBITDA of $0.8M.
In the most recent fiscal year, Change Financial achieved revenue of $6.6M and an EBITDA of -$0.4M.
Change Financial expects next 12-month revenue of XXX and NTM EBITDA of XXX
See Change Financial valuation multiples based on analyst estimates| FY 2023 | FY 2024 | FY 2025 | LTM | NTM | |
|---|---|---|---|---|---|
| Revenue | $5.4M | $6.6M | XXX | XXX | XXX |
| Gross Profit | $5.1M | $5.4M | XXX | XXX | XXX |
| Gross Margin | 94% | 82% | XXX | XXX | XXX |
| EBITDA | -$0.8M | -$0.4M | XXX | XXX | XXX |
| EBITDA Margin | -15% | -6% | XXX | XXX | XXX |
| Net Profit | -$2.4M | -$1.8M | XXX | XXX | XXX |
| Net Margin | -44% | -28% | XXX | XXX | XXX |
| Net Debt | n/a | n/a | XXX | XXX | XXX |
Financial data powered by Morningstar, Inc.
As of April 15, 2025, Change Financial's stock price is AUD 0 (or $0).
Change Financial has current market cap of AUD 36.4M (or $22.9M), and EV of AUD 31.3M (or $19.7M).
See Change Financial trading valuation data| EV | Market Cap | Price 1D | Price 1M | Price 3M | Price 12M | EPS |
|---|---|---|---|---|---|---|
| $19.7M | $22.9M | XXX | XXX | XXX | XXX | $-0.00 |
Sign up to access valuation multiples like growth-adjusted P/E, next 12-month EV/Revenue, EBITDA multiples by industry and many more
Sign UpAs of April 15, 2025, Change Financial has market cap of $22.9M and EV of $19.7M.
Change Financial's trades at 1.4x LTM EV/Revenue multiple, and 36.9x LTM EBITDA.
Analysts estimate Change Financial's 2025E EV/Revenue multiple at XXX and 2025E EV/EBITDA multiple at XXX
See valuation multiples for Change Financial and 10K+ public comps| FY 2024 | FY 2025E | FY 2026E | FY 2027E | |
|---|---|---|---|---|
| EV | $19.7M | XXX | XXX | XXX |
| EV/Revenue | 1.8x | XXX | XXX | XXX |
| EV/EBITDA | 86.8x | XXX | XXX | XXX |
| P/E | -17.2x | XXX | XXX | XXX |
| P/E/Growth | n/a | XXX | XXX | XXX |
| EV/FCF | 32.0x | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc. and Morningstar, Inc.
Access all public comps and forward-looking valuation multiples like EV/Revenue in 2025, based on equity research analyst estimates.
Sign UpChange Financial's NTM/LTM revenue growth is 42%
Change Financial's revenue per employee for the last fiscal year averaged $0.1M, while opex per employee averaged $0.1M for the same period.
Over next 12 months, Change Financial's ratio of sales and marketing spend to revenue is estimated to be XXX , while its R&D spend to revenue to be XXX .
Analysts estimate Change Financial's 2025E EV/Revenue multiple at XXX and 2025E EV/EBITDA multiple at XXX
See operational valuation multiples for Change Financial and other 10K+ public comps| FY 2024 | NTM | FY 2025E | FY 2026E | FY 2027E | |
|---|---|---|---|---|---|
| Revenue Growth | 22% | XXX | XXX | XXX | XXX |
| EBITDA Margin | 2% | XXX | XXX | XXX | XXX |
| EBITDA Growth | -51% | XXX | XXX | XXX | XXX |
| Rule of 40 (SaaS-only) | 44% | XXX | XXX | XXX | XXX |
| Revenue per Employee | $0.1M | XXX | XXX | XXX | XXX |
| Opex per Employee | $0.1M | XXX | XXX | XXX | XXX |
| S&M Expenses to Revenue | 2% | XXX | XXX | XXX | XXX |
| G&A Expenses to Revenue | 59% | XXX | XXX | XXX | XXX |
| R&D Expenses to Revenue | n/a | XXX | XXX | XXX | XXX |
| Opex to Revenue | 122% | XXX | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc. and Morningstar, Inc.
Benchmark public comps and private revenue and EBITDA valuation multiples across GRC software, cloud infrastructure, DevOps, online marketplaces and so much more!
| EV/Revenue | EV/EBITDA | |||||
|---|---|---|---|---|---|---|
| 2025E | 2026E | 2027E | 2025E | 2026E | 2027E | |
| Allfunds Group | XXX | XXX | XXX | XXX | XXX | XXX |
| Bravura Solutions | XXX | XXX | XXX | XXX | XXX | XXX |
| Computershare | XXX | XXX | XXX | XXX | XXX | XXX |
| FINEOS | XXX | XXX | XXX | XXX | XXX | XXX |
| IRESS | XXX | XXX | XXX | XXX | XXX | XXX |
| XXXXXXXX | XXX | XXX | XXX | XXX | XXX | XXX |
| XXXXXXXX | XXX | XXX | XXX | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc.
Change Financial acquired XXX companies to date.
Last acquisition by Change Financial was XXXXXXXX, XXXXX XXXXX XXXXXX . Change Financial acquired XXXXXXXX for XXX (EV/Revenue multiple of XXX ).
See M&A valuation multiples| Acquired Company | EV | EV/Revenue | EV/EBITDA |
|---|---|---|---|
| XXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXX | XXX | XXX | XXX |
Sign up to see revenue and EBITDA valuation multiples for 60K+ M&A deals.
Sign Up| When was Change Financial founded? | Change Financial was founded in 2011. |
| Where is Change Financial headquartered? | Change Financial is headquartered in Australia. |
| How many employees does Change Financial have? | As of today, Change Financial has 80 employees. |
| Is Change Financial publicy listed? | Yes, Change Financial is a public company listed on ASX. |
| What is the stock symbol of Change Financial? | Change Financial trades under CCA ticker. |
| When did Change Financial go public? | Change Financial went public in 2016. |
| Who are competitors of Change Financial? | Similar companies to Change Financial include e.g. Allfunds Group, Bravura Solutions, Computershare, FINEOS. |
| What is the current market cap of Change Financial? | Change Financial's current market cap is $22.9M |
| What is the current revenue of Change Financial? | Change Financial's last 12-month revenue is $22.1M. |
| What is the current EBITDA of Change Financial? | Change Financial's last 12-month EBITDA is $0.8M. |
| What is the current EV/Revenue multiple of Change Financial? | Current revenue multiple of Change Financial is 1.4x. |
| What is the current EV/EBITDA multiple of Change Financial? | Current EBITDA multiple of Change Financial is 36.9x. |
| What is the current revenue growth of Change Financial? | Change Financial revenue growth between 2023 and 2024 was 22%. |
| Is Change Financial profitable? | Yes, Change Financial is EBITDA-positive (as of the last 12 months). |
Get access to always up-to-date, precisely categorized 70K+ public and private valuation multiples, across tech and beyond.
