OFX.ASX: FY26 Results Announcement

FY26 Results Announcement

Stock	OFX Group Ltd (OFX.ASX)
Release Time	19 May 2026, 8:20 a.m.
Price Sensitive	Yes

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OFX Group Ltd FY26 Results and Strategic Review Update

Key Points

FY26 Fee and Trading Income down 8.1% to $203.9 million
Enterprise revenue up 23.5%, Corporate NTCs grew 8.3%
OFX 2.0 strategy: New Client Platform migration 91% complete
Outlook: Targeting higher Group NOI in FY27
Strategic Review ongoing, expected update by June 2026

Full Summary

OFX Group Ltd announced its FY26 results, showing Fee and Trading Income down 8.1% to $203.9 million due to a challenging operating environment. Corporate revenue declined 9.1%, while Enterprise revenue grew 23.5%. The global roll-out of OFX's New Client Platform is substantially complete, with 91% of major markets migrated. Non-FX revenue grew 12.1%, and Corporate NTCs increased by 8.3%. The company expects higher Group NOI in FY27, driven by growth in Corporate Active Clients and Enterprise segment. The Strategic Review is ongoing with an expected update by June 2026.

Guidance

OFX targets higher Group NOI in FY27, expecting growth in Corporate Active Clients and Enterprise segment.

Outlook

OFX expects higher Group NOI in FY27, driven by growth in Corporate Active Clients, stabilizing Consumer revenues, and continued growth in Enterprise. The company is targeting a return to positive operating leverage in FY27.