Could Sharesies be on the hunt for more capital?

Could Sharesies be on the hunt for more capital?
The three Sharesies CEOs – Brooke Roberts, Sonya Williams, and Leighton Roberts. (Photo: Supplied)
Rebecca Howard
Could Sharesies be on the hunt for more capital? Company executives have said it's not on the immediate horizon, despite its latest loss.  Trade Me's holding company, Titan Parent New Zealand, which has a 13.5% interest in Sharesies, said the investment platform’s total loss from continuing operations was $25.1 million in the year to June 30 while revenue was $20.7m. That implied an annual expenditure of $45.8m or roughly $3.8m a month.  “This would imply that Sharesies may be out looking for more capital shor...

More Finance

Critic says Govt 'missing the point' on AML
Finance

Critic says Govt 'missing the point' on AML

Critic says problems with AML/CFT come down to how rules have been interpreted.

Dileepa Fonseka 08 Jul 2025
TVNZ targets one million digital viewers logged in by 2030
Finance

TVNZ targets one million digital viewers logged in by 2030

The latest performance forecast unfolds the broadcaster’s online ambitions.

Denise McNabb 07 Jul 2025
JPMorgan is revamping Its bank for the superrich
Finance

JPMorgan is revamping Its bank for the superrich

There is a minimum required balance of US$10 million.