Outcome of Digital Solutions Strategic Review

Open PDF
Stock Pexa Group Ltd (PXA.ASX)
Release Time 16 Feb 2026, 4:47 p.m.
Price Sensitive Yes
 PEXA to exit Digital Solutions businesses
Key Points
  • PEXA to exit majority-owned Digital Solutions businesses
  • $26 million in net impairments to be taken
  • $7-8 million in significant items in 1H26 results
Full Summary

PEXA Group Limited (ASX: PXA) has announced that it will exit its majority-owned Digital Solutions businesses, with the businesses classified as 'held for sale' and presented as discontinued operations. This decision will drive circa $26 million in net impairments and is expected to be complete by mid calendar year 2026. Significant items of between $7 million and $8 million will be recognised in PEXA's first half FY26 results, exclusive of the impairments. The exit of these assets will remove the need to allocate capital thereafter to support the businesses' operations and growth. PEXA has completed its exit from majority-owned Land Insight and its minority investment in Elula, with the exit process underway for majority-owned Value Australia and .id, with completion anticipated by mid calendar year 2026. Proceeds from the sales will be deployed consistent with PEXA's capital management strategy and growth initiatives.

Guidance

Key guidance metrics for FY26 include: Group Revenue of $395m to $415m, Group EBITDA margin of 34% to 37%, Group Core NPAT of $15m to $25m, and Group CAPEX of $50m to $55m.