Spenda Limited (CROTF) Stock Price & Analysis
Educational signal · not a buy or sell recommendation · How to read this
Beta 1.55: the stock has moved about 55% more than the S&P 500.
For informational purposes only. Not financial advice. Machine-generated analysis by Stock Expert AI — model gemini-2.0-flash, generated Mar 16, 2026. Editorial oversight is systemic, not page-by-page. Editorially accountable: Sedat ANAK, Founder and Editor-in-Chief. Data sources: Financial Modeling Prep, Yahoo Finance, SEC EDGAR
Quick AnswerSpenda Limited (CROTF) trades at $0.00696. Spenda Limited, based in Australia, provides technology solutions for modernizing business IT systems. Sector: Technology.
Price as of · Last analyzed: Mar 16, 2026Analyst Coverage for CROTF: CROTF does not currently have published analyst price targets in our coverage universe. This is common for smaller-cap names with limited Wall Street coverage.
No score published: we hold no usable price for this ticker, and a grade beside a missing price says nothing.
Spenda Limited (CROTF) Technology Profile & Competitive Position
Spenda Limited, an Australian technology company, specializes in modernizing business IT systems through cloud migration and management. Operating via SaaS, Payments, and Lending segments, the company provides B2B payment services, accounts automation software, and integrated e-commerce solutions, targeting businesses seeking to streamline operations and enhance cash flow in the evolving digital landscape.
What Is the Investment Thesis for CROTF?
Spenda Limited presents a compelling, albeit high-risk, investment thesis centered on its potential to capitalize on the growing demand for business IT modernization and cloud migration in Australia. The company's comprehensive suite of SaaS, payment, and lending solutions targets a broad range of business needs, from accounts automation to e-commerce integration. A key value driver is the increasing adoption of digital payment solutions and cloud-based services by small and medium-sized enterprises (SMEs). However, the company's negative profit margin of -202.5% and gross margin of -39.0% indicate significant challenges in achieving profitability. Successful execution of its growth strategies, particularly in expanding its customer base and achieving economies of scale, is crucial. The company's beta of 1.55 suggests higher volatility compared to the market, reflecting the speculative nature of the investment.
Based on FMP financials and quantitative analysis
CROTF Key Highlights
Spenda Limited operates in three segments: SaaS, Payments, and Lending, offering a diversified range of services.
- The company's gross margin is -39.0%, indicating potential challenges in profitability.
- The company's profit margin is -202.5%, reflecting substantial losses.
- Spenda Limited has a beta of 1.55, suggesting higher volatility compared to the market average.
- Spenda Limited changed its name from Cirralto Limited in February 2022, marking a strategic rebranding effort.
Who Are CROTF's Competitors?
CROTF is benchmarked below against 8 industry peers on price, market cap, and our AI MoonshotScore.
| Company | Price | Change | Market Cap | MoonshotScore |
|---|---|---|---|---|
| APGT Appgate, Inc. | $0.30 | -57.14% | $39.0M | — |
| AVOI Advanced Voice Recognition Systems, Inc. | $0.65 | +50.43% | $52.2M | — |
| HISNF Hi Sun Technology (China) Limited | $0.05 | 0.00% | $136M | — |
| JAXAF Vinyl Group Ltd | $0.05 | 0.00% | $74.2M | — |
| JGHG Jinzisheng Holding Group | $2.76 | 0.00% | $55.2M | — |
| LSAK Lesaka Technologies, Inc. | $4.33 | +1.88% | $372M | 59 5-pillar |
| ALLT Allot Ltd. | $8.43 | +0.36% | $412M | 62 5-pillar |
| CINT CI&T Inc. | $3.21 | +2.23% | $413M | 67 5-pillar |
AI Score by Stock Expert AI · Price data: FMP / Yahoo Finance
What Are CROTF's Key Strengths?
Comprehensive suite of SaaS, payment, and lending solutions.
- Focus on modernizing legacy IT systems.
- Strategic partnerships with technology providers.
- Proprietary technology assets.
What Are CROTF's Weaknesses?
Negative profit margin and gross margin.
- Limited market share compared to larger competitors.
- Dependence on the Australian market.
- High beta indicating higher volatility.
What Are the Key Risks for CROTF?
Intense competition from established players.
- Economic downturn in Australia.
- Changes in regulatory environment.
- Cybersecurity threats and data breaches.
- Negative profit margin and gross margin.
What Are CROTF's Competitive Advantages?
- Integrated Solutions: Spenda offers a comprehensive suite of solutions that address multiple business needs, creating a sticky customer base.
- Industry Expertise: The company's focus on specific industries, such as agriculture, provides a competitive advantage.
- Established Partnerships: Strategic partnerships with technology providers and industry associations enhance its market reach.
- Proprietary Technology: Spenda's proprietary technology assets provide a unique value proposition.
What Does CROTF Do?
Spenda Limited, formerly known as Cirralto Limited until its name change in February 2022, is an Australian technology company focused on developing and commercializing technology assets that enable the modernization of business IT systems. Headquartered in North Sydney, Australia, Spenda operates through three primary segments: SaaS, Payments, and Lending. The company's core mission is to facilitate the conversion, migration, and management of server-based legacy data and systems to the cloud. Its suite of services includes business-to-business payment solutions, merchant services, and platforms for integrating payments into software or marketplaces. Spenda also offers invoice, supplier, buyer, and agri finance solutions. Spenda's product offerings extend to accounts receivable automation software designed to streamline collections and accelerate incoming payments, as well as accounts payable automation software for managing supplier payments and improving cash flow. The company provides portable point of sale systems, sales order management tools for customer collaboration, e-commerce solutions, and a warehouse management solution for inventory control. Additionally, Spenda offers workshop management software for auto workshops and a service management solution for end-to-end business streamlining and enhanced customer experiences through cloud-based field service management. The company also provides purchasing software, a digital tool designed to automate and optimize procurement processes, catering to businesses seeking to enhance efficiency and modernize their operations.
What Products and Services Does CROTF Offer?
- Develops and commercializes technology assets.
- Modernizes business IT systems through cloud migration.
- Offers business-to-business payment services.
- Provides merchant services and payment integration solutions.
- Offers invoice, supplier, buyer, and agri finance solutions.
- Provides accounts receivable and payable automation software.
- Offers portable point of sale systems and sales order management tools.
- Provides e-commerce and warehouse management solutions.
How Does CROTF Make Money?
- Generates revenue through SaaS subscriptions for its software solutions.
- Earns fees from payment processing services.
- Provides lending solutions and earns interest income.
- Offers professional services for implementation and customization.
What Industry Does CROTF Operate In?
Spenda Limited operates within the software infrastructure industry, which is experiencing significant growth driven by the increasing adoption of cloud computing and digital transformation initiatives. The competitive landscape includes established players like APGT and emerging companies offering specialized solutions. Spenda's focus on modernizing legacy systems and providing integrated payment solutions positions it to capitalize on the demand from businesses seeking to streamline operations and enhance their digital capabilities.
Who Are CROTF's Key Customers?
- Small and medium-sized enterprises (SMEs) in Australia.
- Businesses seeking to modernize their IT systems.
- Organizations requiring accounts automation software.
- Companies in the agricultural sector seeking financing solutions.
Research confidence
Thin evidence — scoring coverage unknown. Treat this as a starting point, not a conclusion.
- ● Scoring coverage unknown
- ● No usable price
- ● No filing on record
- ● No analyst coverage
Company Profile
Spenda Limited operates in the Software - Infrastructure industry within the Technology sector. It is headquartered in Perth, AU. The company is led by CEO Corrie Hassan. CROTF has traded publicly since 2021.
Key Financial Metrics
Return on assets is -86.4%, showing how much profit it generates from its asset base. Its free cash flow yield is -32.1%, a gauge of the cash the business throws off relative to its market value. A current ratio of 0.70 means current liabilities exceed short-term assets, a liquidity point worth watching. Its earnings yield is -150.4%, the inverse of the P/E and a quick read on earnings relative to price.
CROTF Financials
Fundamental Snapshot
Based on FMP financials and quantitative analysis
CROTF Latest News
No recent news available for CROTF.
CROTF Analyst Consensus
Consensus Rating
Aggregated Buy/Hold/Sell recommendations collected by Financial Modeling Prep for CROTF.
Price Targets
Wall Street price target analysis for CROTF.
CROTF MoonshotScore
MoonshotScore is Stock Expert AI's proprietary 0-100 research rating, not a buy or sell recommendation. No MoonshotScore is published for CROTF; grades run from A+ (80-100) to F (below 30).
Leadership: Corrie Hassan
CEO
Corrie Hassan is the CEO of Spenda Limited, leading a team of 78 employees. His background includes extensive experience in technology and business management. Prior to joining Spenda, Corrie held leadership positions in various technology companies, focusing on software development, cloud computing, and digital transformation. He has a proven track record of driving growth and innovation in the technology sector.
Track Record: Under Corrie Hassan's leadership, Spenda Limited has focused on expanding its suite of SaaS, payment, and lending solutions. Key achievements include the rebranding of the company from Cirralto Limited to Spenda Limited in February 2022 and the development of new partnerships to enhance market reach. Corrie has also overseen the implementation of new technologies to improve the company's offerings.
CROTF OTC Market Information
The OTC Other tier represents the lowest tier of the OTC market, indicating that Spenda Limited may not meet the minimum financial standards required for higher tiers like OTCQX or OTCQB. Companies in this tier may have limited financial disclosure and may not be subject to the same regulatory oversight as companies listed on major exchanges like the NYSE or NASDAQ. Investing in companies on the OTC Other tier carries higher risks due to the lack of transparency and regulatory scrutiny.
- OTC Tier: OTC Other
- Limited financial disclosure and transparency.
- Higher price volatility due to low trading volume.
- Potential for fraud and manipulation.
- Lack of regulatory oversight compared to major exchanges.
- Difficulty in obtaining accurate and timely information.
- Verify the company's financial statements and SEC filings (if any).
- Research the company's management team and their track record.
- Assess the company's business model and competitive landscape.
- Evaluate the company's capital structure and debt levels.
- Check for any legal or regulatory issues.
- Monitor trading volume and price volatility.
- Consult with a financial advisor.
- Company has a registered business address and contact information.
- Company has a functional website with detailed information.
- Company has a management team with relevant experience.
- Company has a clear business model and revenue streams.
- Company has been in operation for several years.
CROTF Technology Stock FAQ
What do analysts say about CROTF stock?
As of March 16, 2026, there is no available analyst coverage for CROTF stock. Given the company's OTC listing and small market capitalization, it may not be widely followed by analysts.
Disclaimer: This content is for informational purposes only and does not constitute investment advice. Always do your own research and consult a financial advisor.
Official Resources
MoonshotScore is not published for this security.
Data provided for informational purposes only.
- Financial data is based on the most recent available information.
- OTC market data may be limited and less reliable than major exchanges.