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Tech & Innovation
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Canva posts A$1b in statutory losses as market awaits IPO

News of the losses come as the ‘SaaSpocalypse’ could test the company’s US$65b valuation.

Canva founders Melanie Perkins and Cliff Obrecht.

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Australian tech unicorn Canva has reported about A$1 billion ($1.2b) in statutory losses over three years, with the filings lodged as the company ponders its long-awaited IPO in the US.

Canva lodged its financial accounts for 2023 and 2024 with Australian regulator Australian Securities and

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Lachlan Colquhoun Mon, 30 Mar 2026
Contact the Writer: lachlan@nbr.co.nz
News tip? Question? Typo? Let us know: editor@nbr.co.nz
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.

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Canva posts A$1b in statutory losses as market awaits IPO
Tech & Innovation,Australia,
113511
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