Investor Presentation - First Half 2026 Results

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Stock Pexa Group Ltd (PXA.ASX)
Release Time 27 Feb 2026, 8:16 a.m.
Price Sensitive Yes
 Pexa Group Ltd Reports Strong First Half 2026 Results
Key Points
  • Record half year revenue and EBITDA margin growth in Australia
  • Positive momentum in the UK with NatWest implementation on track
  • Strategic review of Digital Solutions completed, decision to exit the business
Full Summary

Pexa Group Ltd reported a strong set of results for the first half of fiscal year 2026, with record half year revenue and EBITDA margin growth in its Australia segment. The company saw robust transaction volumes across all key markets, including a 7% increase in the transfer market and 14% growth in the refinance market compared to the prior comparative period. Pexa continued its national product expansion, launching in the Northern Territory in August 2025. The company also achieved expense efficiencies across its core functions, driving EBITDA margin expansion. In the International segment, Pexa saw a recovery in the UK market, with growth in both sale and purchase and remortgage volumes. The NatWest implementation remained on track for completion in the fourth quarter of FY26, while the company also launched its product suite to the UK conveyancing market in the first quarter. Pexa completed a strategic review of its Digital Solutions business, deciding to exit the segment to renew its focus on core activities. The company reported a net impairment charge of $26.1 million related to the write-down of the majority-owned Digital Solutions businesses. Overall, Pexa delivered a robust financial and operational performance in the first half, with strong cash flow generation to fund ongoing investment in the platform.

Guidance

Pexa Group expects to deliver continued growth in FY26, with the EBITDA margin expansion in the first half driving an uplift in the company's full-year guidance.