Australian Securities & Investments Commission issues AUD 792,000 in infringement notices to four Australian Canva Group companies over late FY24 financial reports

The Australian Securities & Investments Commission has issued infringement notices totalling AUD 792,000 to four companies in the Australian Canva Group for allegedly failing to lodge their financial reports for the year ended 31 December 2024 by the required date. Canva Pty Ltd, Canva Operations Pty Limited, Canva Trading Pty Ltd and Fusion Books Pty Ltd each paid AUD 198,000 for missing the 30 April 2025 deadline, and Canva Pty Ltd later lodged a consolidated FY24 report covering the four companies on 27 March 2026. Payment of an infringement notice is not an admission of guilt or liability, and the companies are not regarded as having been convicted of the alleged offence. The action sits within ASIC’s 2026 enforcement priority on financial reporting misconduct, with the regulator saying it is using targeted, data-driven surveillance to identify non-lodgment and persistent late lodgment. Across alleged FY24 financial reporting breaches, ASIC said it has issued and received payment for 21 infringement notices worth more than AUD 4 million, in addition to court-imposed fines of more than AUD 1.1 million against three public companies for failures to lodge financial reports and related governance obligations. ASIC said it has a number of open investigations into alleged non-lodgment and late lodgment of financial reports and that enforcement action will continue. Separately, after a corporate restructure, Canva Group Australia reports for the year ended 31 December 2025 through Canva Australia Holdings Pty Ltd, which lodged its FY25 reports on 30 April 2026.