• Resilient performance in challenging environment
• Successful launch of New Client Platform (NCP)
• Accelerated global rollout of NCP to drive growth and returns

OFX Group Ltd (ASX: OFX) announced its results for the full year ended 31 March 2025, as well as its investment in accelerating the global roll out of its New Client Platform (NCP) to drive stronger growth and returns. The Group delivered Fee and Trading Income (revenue) of $221.9 million, down 3.4% on the prior corresponding period, demonstrating resilience in a challenging operating environment. Corporate revenue was down 4.3%, with transactions up 24.0% but Average Transaction Values down 22.8%. High Value Consumer revenue was down 0.6%, partially offset by higher ATVs. Enterprise revenue was up 17.0%. Underlying EBITDA margin was 26.8%, down 160 basis points on the prior period. OFX successfully launched its NCP in June 2024, initially to new Australian Corporate clients, and then gradually to existing Australian Corporate clients. The NCP was also introduced to new Canadian clients from April 2025. The improvements to the NCP drove a substantive uplift in products per client, which in turn drove revenue, with FY25 non-FX revenue being 27% of total revenue among new clients on the NCP. The OFX Board and management team have committed to an additional investment to accelerate the roll-out of the NCP globally to grow its client base and non-FX revenue streams.

While OFX is not providing NOI guidance for FY26 due to global economic uncertainty, the company remains focused on growing NOI. The investment in accelerated NCP rollout is expected to deliver 15%+ of annual NOI growth from FY28 with an approx. 30% underlying EBITDA margin.