Findi (AU:FND) has released an update.
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Findi Limited reported a solid first half of FY25, with revenue rising to $33.9 million and an EBITDA of $12.9 million, despite incurring a net loss of $3.9 million due to strategic growth initiatives. The company secured significant contracts with State Bank of India and Central Bank of India, and is expanding its FindiPay service, acquiring around 3,000 merchants monthly. With a strong cash position and strategic acquisitions like TCPSL, Findi is poised for growth, enhancing its footprint across India and preparing for a 2026 IPO of its subsidiary TSI India.
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