Spenda Limited · ASX:SPX
Spenda — Investor Presentation (March 2026)
26 slides from Spenda's investor presentation, Mar 4, 2026
Slide 1: Investor Presentation
For personal use only Investor Presentation Established Platform. Active Customers. Scaling Transaction Volume Software. Payments. Built-In Lending.
Slide 2: The Market
The Market B2B payments are broken Embedded finance is accelerating For personal use only $10B+ B2B payments +35K Business Customers in SMEs struggle with liquidity and working capital Contracted Channels Franchise networks operate across disconnected systems Marketplaces rely on generic offshore pa
Slide 3: Core Products
For personal use only Core Products Established Platform. Active Customers. Scaling Transaction Volume.
Slide 4: Three Core Products, One Integrated Engine
Spenda Pay Spenda Retail Spenda Ledger Three Core For personal use only Products One Integrated Engine. Embedded Lending Layer Across the Stack AI-integrated workflow automation within payments infrastructure.
Slide 5: Spenda Pay: Optimising SME Cash Flow
Spenda Pay Optimising SME Cash Flow For personal use only Pay suppliers Earn rewards AI-enabled invoice capture and Access extended terms automated data extraction Example: Capricorn Network Market Revenue Drivers: (30,000+ members) • Transaction margin • Lending cross-sell • Network scalability
Slide 6: Spenda Retail: Automating Franchise & Trade Networks
Spenda Retail Automating Franchise & Trade Networks For personal use only Quote Job Invoice Payment Reconciliation Live national rollout (Carpet Court) Recurring SaaS + transaction revenue High retention, long lifecycle Sticky infrastructure once embedded.
Slide 7: Spenda Ledger: Embedded Payments Infrastructure
Spenda Ledger Embedded Payments Infrastructure For personal use only Onboarding Reconciliation Compliance Embedded Credit Payments & Payouts Processing hundreds of millions per quarter. Infrastructure layer. High scalability.
Slide 8: Lending Layer: Margin Expansion Engine
Lending Layer Margin Expansion Engine For personal use only SME lending product finalised 10 customers in pilot Insurance-backed unsecured model Integrated within platform AI-supported credit assessment and risk modelling integration Rapid Approval
Slide 9: Proven Success – Quarterly Results
For personal use only Proven Success – Quarterly Results Not projections. Real transaction growth, compounding quarter by quarter.
Slide 10: For personal use only
For personal use only 250,000,000 200,000,000 150,000,000 100,000,000 50,000,000 0 Q1 FY23 Q2 FY23 Q3 FY23 Q4 FY23 Q1 FY24 Q2 FY24 Q3 FY24 Q4 FY24 Q1 FY25 Q2 FY25 Q3 FY25 Q4 FY25 Q1 FY26 Q2 FY26
Slide 11: For personal use only
For personal use only $4,000,000 $3,500,000 $3,000,000 $2,500,000 $2,000,000 $1,500,000 $1,000,000 $500,000 0 Q1 FY23 Q2 FY23 Q3 FY23 Q4 FY23 Q1 FY24 Q2 FY24 Q3 FY24 Q4 FY24 Q1 FY25 Q2 FY25 Q3 FY25 Q4 FY25 Q1 FY26 Q2 FY26
Slide 12: Recurring Income: $800K+ per month
Recurring Income: For personal use only $800K+ per month Building a predictable, high-quality SaaS and transaction revenue base
Slide 13: Corporate Snapshot
For personal use only Corporate Snapshot
Slide 14: Road Map
For personal use only Road Map Entering a new phase of defined scale — driven by clear strategy and disciplined execution.
Slide 15: Refinement Phase Complete
Refinement Phase Complete. 13 →3 90 → 50 For personal use only products reduced staff aligned $2M+ Commercial annualised cost reduction roadmap
Slide 16: Commercial Engine Now Deployed
Commercial Engine Now Deployed. From organic, product-led growth to structured, sales-driven scale. Scale is now intentional. For personal use only Growth to Date Sales Team Marketing Investment Leverage & Growth Growth to date A dedicated SaaS New marketing Deepening penetration achieved without a
Slide 17: 3-Pillar Scale Strategy
3-Pillar Scale For personal use only Strategy Spenda Pay Spenda Retail Spenda Ledger Go-To-Market Scale Capricorn Expand beyond Target Activated. Activate broker & Carpet Court into marketplaces accountant similar franchise distribution networks channels
Slide 18: Leadership
For personal use only Leadership Structuring the company for its next phase. Industry leaders now steering execution and scale.
Slide 19: Chairman and Directors
For personal use only Chairman Director Director Karim Razak Irshad Mulla Peter Richards Second largest shareholder. Proven Group CEO leading a diversified Current Chairman of GrainCorp — Proven company builder — scaled business portfolio exceeding $50M in seasoned ASX governance leader with prior v
Slide 20: Executive Leadership Team
For personal use only Chief Executive Technology Product Leadership - Sales & Marketing Officer Leadership - CTO CPO - CMO Corrie Hassan Andy Britz David Wood James Matthews 30+ years in finance and operational Experienced technology leader with over a Experienced technology and product leader Exper
Slide 21: Capital
For personal use only Capital Capital to accelerate scalable growth and deliver scheduled profitability.
Slide 22: Why Invest Now
Why Invest Now Products live For personal use only Anchor networks (Carpet Court, Capricorn) Hundreds of millions in transaction volume Recurring income base Lending margin activation Cost base aligned Industry-leading board Commercial engine now deployed Clear path to cash flow positive
Slide 23: Monetising Existing Contracted Distribution
Monetising Existing Contracted Distribution Significant revenue potential embedded within current partner ecosystems — above and beyond existing revenue base. Spenda $39.6M annual revenue opportunity For personal use only Within existing contracted SME Pay payment networks. $1M implementation revenu
Slide 24: Use of Funds
Use of Funds For personal use only Accelerate commercialisation Expand sales capability Support working capital Targeted debt reduction Capital deployed directly into growth and stability. Targeting cash flow positive
Slide 25: Investor Highlight Q2 FY26 | Jan 2026
Investor Highlight Q2 FY26 | Jan 2026 A$11.5M A$227M +34% -21% Record FY25 Record FY26 Cash receipts growth QoQ Cash burn reduction For personal use only cash receipts payment volumes (Q2 FY26) in Q2 FY26 +114% YoY Dec 2025 quarter to A$2.8M $320k/mo overhead cut APG Pay - Exclusive Deal Capricorn S
Slide 26: Thank You!
Lodge Partners +61 2 9225 4433 For personal use only Level 14, 109 Pitt Street, Sydney, NSW 2000, Australia Thank You! Lynx Advisors 1300 871 766 Level 11/66 Clarence St, Sydney NSW 2000 Australia Authorised by the CEO