Raiz Invest (ASX:RZI) Reports Q3 FY25 Business Update
Key Highlights
Raiz Invest reported a 6.9% year-on-year increase in Active Customers to 324,968 and a 5.9% rise in ARPU to $75.94. The company saw net inflows of $60 million, up 67.9%, and Funds Under Management grew by 23.1% to $1.65 billion. Raiz Kids and Raiz Jars launched successfully, and Raiz Plus Portfolios won the 2025 Canstar Innovation Excellence Award.
Financial Performance
Revenue for Q3 FY25 reached $6.1 million, marking a 14.1% year-on-year increase. Active Customers grew by 6.9% to 324,968, while ARPU rose to $75.94 due to higher revenue products. Funds Under Management increased by 23.1% year-on-year to $1.65 billion.
Customer Growth
Raiz added 6,973 net new Active Customers in Q3 FY25. Raiz Kids accounts surged by 34.5% year-on-year to 29,966, and Raiz Jars saw 15,814 active accounts with $6 million in FUM since January 2025.
Product Innovation
Raiz launched Raiz Jars in January 2025, enabling customers to manage multiple investment goals. The company also introduced a new user interface for Raiz Kids and Raiz Rewards, optimised onboarding processes, and launched the Raiz Your Game podcast.
Executive Comments
Brendan Malone, Raiz Invest Managing Director and CEO, stated: “We are very pleased to deliver these strong quarterly results, with sustained growth in revenue, Active Customers, ARPU and FUM, despite challenging market conditions in March. We are increasing engagement with our customer base, as they use more products and features on our platform and focus on longer-term wealth creation through all market cycles.
Listening to our customers coupled with our ongoing commitment to product innovation is delivering results, with a strong uptake of Raiz Jars and the continued growth in Raiz Plus portfolios which was recognised as a Winner of the Canstar 2025 Innovation Excellence Awards.
Our business model is again proving to be resilient through market cycles, and we are well positioned to continue our growth trajectory.”
Motley Fool contributor Kiarra Jackson has no position in any of the stocks mentioned. The Motley Fool Australia's parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.
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