Complii FinTech Solutions Achieves 3.2% Annual Revenue Growth and Secures First Institutional Client in Capital Raising Segment

Capital Raising Platform Facilitates $5.415 Billion Across 790 Offerings in Q4 FY26

Complii FinTech Solutions’ core capital raising division processed significant transaction volumes in the June quarter, raising $5.415 billion through its proprietary Capital Raising System, Adviser Bid/Corporate Highway. This capital was raised via 790 distinct offerings managed by Australian Financial Services Licence (AFSL) holder client firms using the Complii platform. The volume and value of offerings underscore sustained demand for capital raising solutions in the Australian equity capital markets, where dealers, brokers, and financial advisers depend on Complii’s technology to facilitate primary market transactions.

The platform’s ongoing prominence highlights Complii’s integral role within Australian financial services workflows. Providing an end-to-end system for capital raising transactions, compliance documentation, and risk management, Complii has become a vital infrastructure provider for AFSL-licensed entities raising capital on behalf of clients. The substantial activity during the quarter indicates continued demand for Complii’s core services despite cost pressures and budget constraints in the broader financial sector.

First Institutional Client Contract Marks Strategic Expansion

In Q4 FY26, Complii executed a significant contract with a large financial institution to deliver its capital raising solution, publicly announced on 18 May 2026. This marks the company’s inaugural institutional market segment client, representing a strategic expansion beyond its traditional dealer and broker customer base. Onboarding progressed with most development completed before contract signing, targeting a Q1 FY27 go-live and revenue commencement in early Q2 FY27.

This institutional agreement enhances Complii’s competitive positioning and validates its capital raising solution for enterprise-scale deployment. The company anticipates leveraging this win to pursue similar opportunities with large financial institutions domestically and internationally. Revenue from this contract will impact future quarterly and annual reports, potentially serving as a reference case to attract comparable financial services organizations seeking integrated capital raising and compliance technology.

Complii Lite Module Broadens Product Range and Sales Channels

Following the compliance register upgrade for existing clients in the prior quarter, Complii completed the registers component of its "Complii Lite" module during Q4 FY26. This module is part of the evolving Customer Relationship Management (CRM) offering, designed to expand sales channels to AFSL holders needing compliance register functionality without adopting the full Complii platform. The Complii Lite registers module includes complaints and internal dispute resolution reporting, breach management, events, conflicts of interest and disclosure, gifts and entertainment, Chinese walls, and training registers.

Complii Lite offers a streamlined, standalone sign-up option for smaller firms or those with specific compliance needs, addressing previously underserved lower-budget segments. By lowering implementation complexity and entry cost, the company aims to grow its addressable market and boost customer acquisition. Additionally, the technology team delivered rebalancer upgrades, new features, and client-requested enhancements during the quarter, while advancing Stage 2 of the CRM rebuild project, converting the first major module into the new core system ahead of broader migration.

MIntegrity Compliance Services Manage Financial Sector Budget Pressures

MIntegrity, Complii’s specialised compliance services division, continued focusing on securing high-value recurring revenue streams in Q4 FY26. However, widespread cost-cutting in the financial services sector led to reduced consulting budgets, impacting MIntegrity’s financial performance for the quarter and full fiscal year compared to previous periods. Client engagement was primarily concentrated on post-implementation support following recent AUSTRAC reform deadlines and enhancements to anti-money laundering (AML) and counter-terrorism financing programs.

Looking ahead to FY27, MIntegrity maintains a steady pipeline of regulatory projects and is expanding its technology-enabled compliance solutions through its partnership with Complii and subscription-based service rollouts. The division leverages specialised expertise to provide high-quality compliance oversight amid a complex regulatory environment. Transitioning toward regulatory compliance work and subscription revenue models aims to deliver more predictable income streams compared to discretionary consulting engagements affected by client budget constraints.

ThinkCaddie CPD and AML Training Platform Advances Content Delivery and Development Migration

ThinkCaddie, Complii’s continuing professional development (CPD) and AML training platform, successfully delivered its FY26 CPD content schedule during Q4 FY26, publishing all mandatory libraries well before the financial year-end compliance deadline. The production model introduced earlier improved efficiency, enabling rapid response to regulatory updates while maintaining consistent releases. The AML training product expanded its rollout with positive adoption from financial services clients and organizations training non-CPD staff on AML obligations.

ThinkCaddie grew its customer base during the quarter, securing new clients and advancing opportunities with larger licensee groups. Existing client engagement remained strong with positive feedback and content ratings. The business initiated a development migration project to bring development in-house, part of a broader strategy to streamline operations, enhance delivery agility, and reduce long-term costs. This transition will provide greater product control, faster enhancements, and better support for growth. Focus now shifts to FY27 content production, commercial growth of CPD and AML offerings, completion of the migration, and delivering product enhancements driven by customer feedback and strategic priorities.

PrimaryMarkets Expands Private Market Liquidity Solutions and Enhances Digital Marketing

PrimaryMarkets, Complii’s private capital markets platform, continued executing its strategic focus on expanding private market liquidity solutions in Q4 FY26. The team progressed business development initiatives with brokers, investment platforms, registry providers, and strategic partners to strengthen distribution channels, increase platform use, and embed PrimaryMarkets within Australia’s private capital markets ecosystem. Marketing, brand awareness, and investor education efforts emphasized the value of structured liquidity solutions for issuers and investors seeking secondary liquidity and shareholder management.

Operationally, PrimaryMarkets invested in platform and member experience improvements through workflow optimisation and process enhancements. The website was upgraded to improve search engine optimisation (SEO) and search engine marketing (SEM), boosting digital visibility, user engagement, and lead generation. Looking forward, PrimaryMarkets remains focused on expanding private market liquidity offerings and solidifying its role as a key infrastructure provider for secondary trading in Australia’s unlisted securities market.

Revenue Growth and Cost Savings Drive Path Toward Cashflow Positivity

Complii FinTech Solutions reported Group Annual Recurring Revenue (ARR) up 1.7% from Q3 FY26 and 3.2% year on year excluding Registry Direct revenue, reflecting ongoing growth despite challenging conditions. Total group revenue and other income reached $1.607 million in Q4 FY26, with customer receipts totaling $1.658 million. These figures demonstrate successful monetisation of platform subscriptions and usage-based revenue across Complii’s three divisions: capital raising solutions, MIntegrity compliance services, and ThinkCaddie CPD and AML training.

The company implemented additional staff cost-saving initiatives totaling $0.185 million per annum during Q4 FY26, with associated one-off costs aligned to its goal of sustainable cashflow positivity. The combination of revenue growth and disciplined cost management indicates management’s commitment to achieving positive operating cashflow and reducing dependence on external financing. During the quarter, Complii entered a convertible note facility and recorded a net financing inflow of $0.436 million. Cash and cash equivalents stood at $1.009 million as of 30 June 2026, with a net decrease of $0.202 million during the quarter.

Strong Financial Position and Funding Support Ongoing Development and Growth

Complii’s capital structure reflects a strategic approach to funding platform development and operations while preserving growth flexibility. The convertible note facility secured in Q4 FY26 provides additional funding capacity, with net financing inflows supporting operational activities and product development investments. The $1.009 million cash balance at 30 June 2026 offers runway for ongoing operations and execution of strategic priorities across the company’s three divisions.

While immediate share price impact remains unclear, the combination of 3.2% annual revenue growth, the first institutional client win with revenue expected early Q2 FY27, and progress toward cashflow positivity may signal positive momentum to investors. Complii’s focus on achieving cash-positive operations in FY27—measured by system usage revenue relative to expenses and supported by the CRM rebuild project—represents a key operational milestone investors will likely monitor in upcoming quarterly reports.