Pexa Group Ltd reports H1 2026 results
Key points
- Revenue up 10% to $215.3 million
- EBITDA up 19% to $85.8 million
- NPATA up 33% to $40.3 million
- Announced strategic review of Digital Solutions segment, looking to dispose of majority-owned businesses
Full summary
Pexa Group Ltd reported a strong financial performance in the first half of FY2026, with revenue increasing by 10% to $215.3 million, EBITDA up 19% to $85.8 million, and NPATA up 33% to $40.3 million. The results were driven by strong growth in the company's core Australian operations, where revenue grew 10% due to higher transaction volumes and pricing increases, as well as a recovery in the UK market for the International business. The company also continued to deliver cost efficiency initiatives across the Group, with operating expenses increasing by only 3% despite inflationary pressures. During the period, the company recognised $7.7 million in non-core significant items, primarily related to restructuring and redundancy costs, which were partially offset by a decrease in impairment expenses compared to the prior corresponding period. The company also announced a strategic review of its Digital Solutions segment, and plans to dispose of its majority-owned businesses in this area. As a result, these businesses have been classified as discontinued operations, with $13.2 million in assets classified as 'held for sale' as at 31 December 2025.
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