RZI Analysis: Raiz Invest Reaches Record $2 Billion FUM in Q1 FY26

Event: Raiz Invest Reaches Record $2 Billion FUM in Q1 FY26 | Date: 2025-10-20 | Source: ASX Announcements

Record FUM Milestone and EBITDA Guidance Reaffirmed in Q1 FY26 Update

Raiz Invest Limited released its Q1 FY26 activities report on 20 October 2025, highlighting record funds under management (FUM) of $2.0 billion as at 30 September 2025, marking a 32.5% year-on-year increase and a 9.9% quarter-on-quarter rise. Active customers grew 8.0% year-on-year to 335,542, with net inflows reaching $76 million, up 37% quarter-on-quarter and driven by recurring investments and one-off deposits. The company reaffirmed its FY26 underlying EBITDA guidance of $4.5 million to $5.5 million, citing sustained momentum post a $1 monthly fee increase in August 2025, which resulted in minimal churn below 0.2%. Additionally, Raiz announced the quotation of 18,294 new fully paid ordinary securities on the ASX, stemming from an employee share scheme. These results underscore operational progress, with premium products like Raiz Plus showing 72.6% year-on-year FUM growth to $347 million. Source: ASX Quarterly Activities Report.