OFX Group Ltd FY26 Appendix 4E
Key points
- Revenue decreased by 8.14% to $203,862,000
- Underlying net profit down 91.8% to $2,273,000
- Statutory net loss of $0.4 million
- Share buy-back program repurchased 2,292,857 shares
- Net tangible assets per security at 25.72 cents
Full summary
OFX Group Ltd's FY26 Appendix 4E reveals a significant drop in revenue by 8.14% to $203,862,000, and a 91.8% decrease in underlying net profit to $2,273,000. The statutory net loss was $0.4 million, contrasting with a $24.86 million profit in FY25. The company did not pay dividends and initiated a share buy-back program, repurchasing 2,292,857 shares for $1.9 million. Net tangible assets per security decreased to 25.72 cents.
Guidance
Revenue for FY26: $203,862,000; Underlying net profit: $2,273,000
Outlook
OFX Group Ltd anticipates continued focus on capital management and growth opportunities.
Summary generated by a large language model. Please interpret with care.