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Findi Limited, through its subsidiaries, engages in the development of digital payment systems in India. The company offers end-to-end transaction processing and managed services. It also provides payments and digital banking solutions through its network of merchants facilitating banking and insurance services, utility payments, money transfers, e-commerce, and train and airline tickets payments. The company was formerly known as Vortiv Limited. Findi Limited was incorporated in 1992 and is based in Melbourne, Australia.
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A unique technical analysis driven score developed by Kalkine showing momentum in stock prices based on select technical indicators identified.
Public information on Findi Ltd (FND.AU) is limited and available filings and investor materials do not provide a clear, detailed description of the company's core operations. Because material business model and growth drivers are not well-documented, potential long-term catalysts are uncertain; investors may be drawn to the name for small-cap exposure but should monitor company disclosures for clearer evidence of sustainable revenue sources and strategy.
Primary investment risks include small-cap liquidity and financing risk, operational execution uncertainty, and regulatory or market-demand volatility typical of early-stage or thinly traded ASX-listed companies.
Note: The summary and risk score provided above is created by AI and should not be construed as a recommendation of Kalkine.
| Breakdown | 2026-03-31 | 2025-12-31 | 2025-03-31 | 2024-12-31 | 2024-03-31 |
|---|---|---|---|---|---|
| Type | yearly | yearly | yearly | yearly | yearly |
| Date | 2026-03-31 | 2025-12-31 | 2025-03-31 | 2024-12-31 | 2024-03-31 |
| Income before tax | -51.06M | -51.06M | -13.21M | -13.21M | 2.07M |
| Net income | -44.16M | -44.16M | -12.48M | -12.48M | 4.01M |
| Selling general administrative | - | - | 12.84M | 12.84M | 2.51M |
| Selling and marketing expenses | - | - | 0.38M | 0.38M | 8.91M |
| Gross profit | - | - | 9.56M | 9.56M | 12.07M |
| Reconciled depreciation | - | - | 17.03M | 17.03M | 14.04M |
| Ebit | -30.01M | -30.01M | 14.74M | 14.74M | 11.98M |
| Ebitda | -3.86M | -3.86M | 31.42M | 31.42M | 27.50M |
| Depreciation and amortization | 26.15M | 26.15M | 16.68M | 16.68M | 15.52M |
| Operating income | -30.01M | -30.01M | 1.85M | 1.85M | 8.30M |
| Other operating expenses | 112.99M | 112.99M | 59.20M | 59.20M | 54.54M |
| Interest expense | 21.05M | 21.05M | 29.44M | 29.44M | 9.88M |
| Tax provision | - | - | -1.26M | -1.26M | -1.93M |
| Interest income | - | - | 5.40M | 5.40M | 2.05M |
| Net interest income | - | - | -24.04M | -24.04M | -4.54M |
| Income tax expense | -1.48M | -1.48M | 1.26M | 1.26M | -1.93M |
| Total revenue | 82.98M | 82.98M | 61.06M | 61.06M | 62.84M |
| Total operating expenses | 86.84M | 86.84M | 7.70M | 7.70M | 54.54M |
| Cost of revenue | - | - | 51.50M | 51.50M | 50.61M |
| Total other income expense net | -21.05M | -21.05M | -15.06M | -15.06M | -6.19M |
| Net income from continuing ops | - | - | -11.95M | -11.95M | 3.35M |
| Net income applicable to common shares | - | - | -12.48M | -12.48M | 4.01M |
| Breakdown | 2026-03-31 | 2025-12-31 | 2025-03-31 | 2024-12-31 | 2024-03-31 |
|---|---|---|---|---|---|
| Type | yearly | yearly | yearly | yearly | yearly |
| Date | 2026-03-31 | 2025-12-31 | 2025-03-31 | 2024-12-31 | 2024-03-31 |
| Total assets | 280.69M | 280.69M | 323.47M | 323.47M | 198.37M |
| Intangible assets | - | - | 22.42M | 22.42M | 2.13M |
| Other current assets | 22.90M | 22.90M | 20.55M | 14.39M | 11.84M |
| Total liab | 256.05M | 256.05M | 258.95M | 258.95M | 161.50M |
| Total stockholder equity | 24.64M | 24.64M | 64.52M | 64.52M | 36.52M |
| Other current liab | 76.88M | 76.88M | 77.80M | 70.08M | 13.04M |
| Common stock | 108.42M | 108.42M | 92.14M | - | 53.44M |
| Capital stock | - | - | 92.14M | 92.14M | 53.44M |
| Retained earnings | -74.27M | -74.27M | -27.61M | -27.61M | -17.89M |
| Good will | - | - | 39.72M | 39.72M | 0.00M |
| Other assets | - | - | 74.65M | - | 40.14M |
| Cash | 27.08M | 27.08M | 77.05M | 77.05M | 46.15M |
| Cash and equivalents | - | - | - | - | 29.77M |
| Total current liabilities | 156.30M | 156.30M | 139.16M | 139.16M | 70.37M |
| Net debt | 127.53M | 127.53M | 72.60M | 45.99M | 88.59M |
| Short term debt | 65.29M | 65.29M | 47.98M | - | 43.97M |
| Short long term debt | - | - | 42.73M | 42.73M | 38.63M |
| Short long term debt total | 154.61M | 154.61M | 149.66M | - | 134.74M |
| Other stockholder equity | - | - | -28.29M | - | -0.35M |
| Property plant equipment | - | - | 83.41M | - | 66.44M |
| Total current assets | 76.56M | 76.56M | 111.75M | 111.75M | 90.24M |
| Long term investments | - | - | 33.07M | 33.07M | 36.06M |
| Short term investments | 11.12M | 11.12M | 5.86M | 5.86M | 24.17M |
| Net receivables | 15.45M | 15.45M | 8.28M | 9.29M | 8.09M |
| Long term debt | - | - | 80.32M | 80.32M | 67.91M |
| Inventory | - | - | 1.09M | - | 0.00M |
| Accounts payable | 14.13M | 14.13M | 13.38M | 13.38M | 13.37M |
| Accumulated other comprehensive income | -9.51M | -9.51M | -0.01M | - | 0.97M |
| Non currrent assets other | 34.34M | 34.34M | 16.06M | 16.06M | 1.96M |
| Non current assets total | 204.14M | 204.14M | 211.72M | 211.72M | 108.12M |
| Capital lease obligations | - | - | 26.61M | 26.61M | 28.20M |
| Long term debt total | - | - | 96.96M | - | 91.96M |
| Breakdown | 2026-03-31 | 2025-12-31 | 2025-03-31 | 2024-12-31 | 2024-03-31 |
|---|---|---|---|---|---|
| Type | yearly | yearly | yearly | yearly | yearly |
| Date | 2026-03-31 | 2025-12-31 | 2025-03-31 | 2024-12-31 | 2024-03-31 |
| Investments | - | - | -18.10M | -18.10M | -49.58M |
| Total cashflows from investing activities | -42.85M | -42.85M | -18.10M | -18.10M | -48.28M |
| Net borrowings | - | - | 15.61M | 15.61M | 44.40M |
| Total cash from financing activities | 28.67M | 28.67M | 16.53M | 16.53M | 49.48M |
| Net income | -44.16M | -44.16M | -11.95M | -11.95M | 4.04M |
| Change in cash | -29.40M | -29.40M | 15.93M | 15.93M | 27.89M |
| Begin period cash flow | 56.48M | 56.48M | 40.55M | 40.55M | 18.26M |
| End period cash flow | 27.08M | 27.08M | 56.48M | 56.48M | 46.15M |
| Total cash from operating activities | -22.01M | -22.01M | 17.50M | 17.50M | 26.69M |
| Issuance of capital stock | - | - | 39.49M | 39.49M | 11.30M |
| Depreciation | 26.15M | 26.15M | 17.03M | - | 15.52M |
| Other cashflows from investing activities | 11.32M | 11.32M | 5.96M | 5.96M | -1.52M |
| Change to account receivables | -1.69M | -1.69M | -0.17M | -0.17M | 1.49M |
| Sale purchase of stock | - | - | 39.49M | 39.49M | -0.12M |
| Other cashflows from financing activities | -8.82M | -8.82M | -38.56M | -38.56M | -6.10M |
| Capital expenditures | 28.60M | 28.60M | 17.36M | 17.36M | 6.64M |
| Change in working capital | -0.09M | -0.09M | -3.58M | -3.58M | 3.63M |
| Stock based compensation | - | - | - | - | 0.14M |
| Other non cash items | -2.48M | -2.48M | 21.08M | 21.08M | 3.37M |
| Free cash flow | -50.60M | -50.60M | 0.14M | 0.14M | 20.05M |
Sector: Technology Industry: Software - Infrastructure
|
Stock Name
|
Change
(AUD) |
Price
(AUD) |
Trailing
PE (x) |
Forward
PE (x) |
Price Sales
TTM (x) |
Price to Book Value (x)
|
Enterprise Value
to Revenue (x) |
Enterprise Value
to EBITDA (x) |
|---|---|---|---|---|---|---|---|---|
| FND Findi Ltd |
- -% |
0.41 | - | 2.97 | 0.45 | 1.64 | 1.84 | 11.02 |
| XYZ Block, Inc |
-2.22 1.78% |
122.66 | 111.51 | 15.77 | 2.89 | 2.22 | 1.63 | 11.60 |
| MP1 Megaport Ltd |
-0.69 3.89% |
17.06 | - | 138.89 | 13.81 | 4.10 | 12.09 | 155.41 |
| CCL Cuscal Ltd |
-0.07 1.17% |
5.89 | 26.77 | 20.28 | 1.97 | 2.73 | 5.15 | 10.93 |
| AXQ Aura Consolidated Group, Inc. |
0.02 0.58% |
3.48 | - | - | 3.78 | - | 5.49 | - |
Findi Limited, through its subsidiaries, engages in the development of digital payment systems in India. The company offers end-to-end transaction processing and managed services. It also provides payments and digital banking solutions through its network of merchants facilitating banking and insurance services, utility payments, money transfers, e-commerce, and train and airline tickets payments. The company was formerly known as Vortiv Limited. Findi Limited was incorporated in 1992 and is based in Melbourne, Australia.
| Name | Title | Year Born |
|---|---|---|
| Mr. Deepak Verma | Chief Financial Officer | NA |
| Mr. Pawanjot Singh | Head of Operations | NA |
| Mr. Andrew Metcalfe | Company Secretary | NA |
| Mr. Deepak Verma | Chief Financial Officer | NA |
| Mr. Pawanjot Singh | Head of Operations | NA |
| Mr. Deepak Verma | Chief Financial Officer | NA |
| Mr. Pawanjot Singh | Head of Operations | NA |
| Mr. Andrew Metcalfe | Company Secretary | NA |
| Mr. Deepak Verma | Chief Financial Officer | NA |
| Mr. Andrew Metcalfe | Company Secretary | NA |
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