PEXA Group 2026 AGM Chair and CEO Address
Key points
- Strong financial performance in FY26 with improved revenue and margins
- Regulatory uncertainty impacting potential revenue reduction
- Strategic focus on innovation, UK expansion, and New Zealand pilot
Full summary
PEXA Group Ltd. held its Annual General Meeting (AGM) on 11 November 2026. The Chair and CEO & Group Managing Director discussed the company's performance in FY26, highlighting strong financial results with improved revenue, margins, and free cash flow. However, the company faces regulatory uncertainty from IPART's proposed 20% reduction in regulated revenue, which could impact future investment in innovation. The company is preparing for various outcomes and will engage with regulators to mitigate potential impacts. Strategic initiatives include UK expansion and a New Zealand pilot, with a focus on enhancing platform capabilities and customer service.
Guidance
PEXA Group adjusted FY27 revenue, EBITDA margin, and Core NPAT guidance due to ongoing uncertainty
Outlook
PEXA Group is preparing for various regulatory outcomes and has identified potential actions including reducing investment in innovation and seeking efficiencies.
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