Raiz Invest (ASX:RZI) Net Interest Income (for Banks) : A$0.61 Mil (As of Dec. 2023)

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What is Raiz Invest Net Interest Income (for Banks)?

Net interest income is the income earned by banks from the fund they have on their balance sheet. Raiz Invest's net interest income for the six months ended in Dec. 2023 was A$0.29 Mil. Its net interest income for the trailing twelve months (TTM) ended in Dec. 2023 was A$0.61 Mil.

Raiz Invest's quarterly net interest income increased from Dec. 2022 (A$0.08 Mil) to Jun. 2023 (A$0.31 Mil) but then declined from Jun. 2023 (A$0.31 Mil) to Dec. 2023 (A$0.29 Mil).

Raiz Invest's annual net interest income declined from Jun. 2021 (A$-0.03 Mil) to Jun. 2022 (A$-0.05 Mil) but then increased from Jun. 2022 (A$-0.05 Mil) to Jun. 2023 (A$0.40 Mil).

Raiz Invest Net Interest Income (for Banks) Historical Data

The historical data trend for Raiz Invest's Net Interest Income (for Banks) can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Raiz Invest Net Interest Income (for Banks) Chart

Raiz Invest Annual Data

Trend

Dec17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Net Interest Income (for Banks)

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0.17

0.07

-0.03

-0.05

0.40

Raiz Invest Semi-Annual Data
	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Net Interest Income (for Banks)	Get a 7-Day Free Trial							-0.02	-0.03	0.08	0.31	0.29

Raiz Invest Net Interest Income (for Banks) Calculation

Income earned by banks from the fund they have on their balance sheet. These funds can be from customers' deposit, bank's own equity or borrowed.

Net Interest Income (for Banks) for the trailing twelve months (TTM) ended in Dec. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was A$0.61 Mil.

Raiz Invest (ASX:RZI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Raiz Invest Ltd (ASX:RZI) » Definitions » Net Interest Income (for Banks)

Comparable Companies

Traded in Other Exchanges

N/A

Address

2 Bulletin Place, Level 11, Sydney, NSW, AUS, 2000

Website

https://www.raizinvest.com.au

Raiz Invest Ltd provides financial services and products through its mobile first micro-investing platform which offers its customers an easy way to regularly invest either small or large amounts of money using the Raiz mobile application or through the Raiz website in Australia, Indonesia, and Malaysia. The company's operating segment includes Raiz Invest Micro Investing Platform and Other Financial Services. It generates maximum revenue from the Raiz Invest Micro Investing Platform segment.

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