Quarterly ResultAug 13, 2026, 05:46 PM
Diginex Completes 3 Acquisitions, Appoints New CEO; FY26 Revenue +77%
AI Summary
Diginex Ltd announced its FY2026 financial and operational results, highlighting a transformative year marked by three strategic acquisitions: PlanA.earth, Matter DK, and The Remedy Project. The company also strengthened its executive leadership with the appointment of Lorenzo Romano as Deputy Chairman and Lubomila Jordanova as CEO. While revenue increased 77% to $3.6 million, the reported net loss widened to $31.1 million, primarily due to non-cash and one-time M&A-related expenses. Diginex maintained a debt-free balance sheet and announced a subsequent $20.0 million capital raise to support its growth strategy and integration efforts.
Key Highlights
- Completed three strategic cross-border acquisitions: PlanA.earth, Matter DK, and The Remedy Project.
- Appointed Lorenzo Romano as Deputy Chairman and Lubomila Jordanova as Chief Executive Officer.
- FY2026 revenue increased 77% to $3.6 million, partly due to $1.2 million from acquisitions.
- Reported net loss for FY2026 was $31.1 million, compared to $5.2 million in FY2025.
- Adjusted EBITDA loss for FY2026 was $13.0 million, compared to $5.2 million in FY2025.
- Maintained a debt-free balance sheet with zero interest-bearing debt instruments.
- Total net assets expanded to $20.3 million on March 31, 2026, from $4.6 million in FY2025.
- Announced a subsequent $20.0 million capital raise in August 2026.
Price Impact
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