FY25 Appendix 4E

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Stock OFX Group Ltd (OFX.ASX)
Release Time 20 May 2025, 9:22 a.m.
Price Sensitive Yes
 OFX Group Ltd Reports FY25 Results
Key Points
  • Revenue down 3.39% to $221.9 million
  • Underlying net profit down 18.2% to $27.7 million
  • Statutory net profit down 20.6% to $24.9 million
  • No dividends paid in current or prior period
  • On-market share buyback program renewed and completed
Full Summary

OFX Group Ltd has released its Appendix 4E for the financial year ended 31 March 2025. The company reported a 3.39% decrease in revenue from ordinary activities to $221.9 million, compared to $229.7 million in the prior year. Underlying net profit for the period attributable to members of the parent (before non-controlling interest) was down 18.2% to $27.7 million, from $33.8 million in the previous year. Statutory net profit for the period attributable to members of the parent (before non-controlling interest) declined 20.6% to $24.9 million, down from $31.3 million in the prior year. The company did not pay any dividends in the current or prior period. On 23 May 2023, the company announced an on-market share buyback program, which was renewed on 21 May 2024. The renewed program was completed on 19 May 2025, with a total of 9,218,924 ordinary shares bought back during the current period, at a total cost of $13.7 million. The total buyback since inception is 17,787,430 ordinary shares.