Announcement • Jun 10
OFX Group Limited, Annual General Meeting, Aug 05, 2026 OFX Group Limited, Annual General Meeting, Aug 05, 2026. Reported Earnings • May 20
Full year 2026 earnings released: AU$0.002 loss per share (vs AU$0.10 profit in FY 2025) Full year 2026 results: AU$0.002 loss per share (down from AU$0.10 profit in FY 2025). Revenue: AU$213.0m (down 7.9% from FY 2025). Net loss: AU$391.0k (down 102% from profit in FY 2025). Revenue is forecast to grow 7.3% p.a. on average during the next 2 years, compared to a 6.2% decline forecast for the Diversified Financial industry in Australia. Over the last 3 years on average, earnings per share has fallen by 38% per year whereas the company’s share price has fallen by 33% per year. Recent Insider Transactions • Aug 26
Independent Non-Executive Chair recently bought AU$82k worth of stock On the 22nd of August, Patricia Cross bought around 100k shares on-market at roughly AU$0.82 per share. This transaction amounted to 30% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Patricia has been a buyer over the last 12 months, purchasing a net total of AU$247k worth in shares. Announcement • Jun 04
OFX Group Limited, Annual General Meeting, Aug 15, 2025 OFX Group Limited, Annual General Meeting, Aug 15, 2025. New Risk • Nov 16
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Australian stocks, typically moving 12% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. This is currently the only risk that has been identified for the company. Recent Insider Transactions • Nov 15
CEO, MD & Executive Director recently bought AU$248k worth of stock On the 13th of November, John Malcolm bought around 191k shares on-market at roughly AU$1.30 per share. This transaction amounted to 6.3% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Despite this recent buy, John has been a net seller over the last 12 months, reducing personal holdings by AU$674k. Reported Earnings • Nov 13
First half 2025 earnings released: EPS: AU$0.045 (vs AU$0.065 in 1H 2024) First half 2025 results: EPS: AU$0.045 (down from AU$0.065 in 1H 2024). Revenue: AU$119.3m (down 2.8% from 1H 2024). Net income: AU$10.7m (down 32% from 1H 2024). Profit margin: 9.0% (down from 13% in 1H 2024). The decrease in margin was primarily driven by lower revenue. Revenue is forecast to grow 6.1% p.a. on average during the next 3 years, compared to a 5.1% decline forecast for the Diversified Financial industry in Australia. Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has fallen by 13% per year, which means it is significantly lagging earnings. Announcement • Oct 18
OFX Group Limited Provides Earnings Guidance for the Six Months Ended 30 September 2024 and Second Half and Full Year of 2025 OFX Group Limited provided earnings guidance for the six months ended 30 September 2024 and second half and full year of 2025. For the six months ended 30 September 2024, the company expects to deliver NOI of approximately $111 million.
In light of the first half conditions, the company expects to deliver positive NOI growth in second half of 2025 relative to PCP and first half of 2025. This will result in NOI growth for fiscal year 2025 being lower than the approximately 10% indicated at the fiscal year 2024 results announcement in May. Valuation Update With 7 Day Price Move • Oct 17
Investor sentiment deteriorates as stock falls 37% After last week's 37% share price decline to AU$1.46, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 12x in the Diversified Financial industry in Australia. Total loss to shareholders of 7.0% over the past three years. Recent Insider Transactions • May 29
CEO, MD & Executive Director recently sold AU$918k worth of stock On the 27th of May, John Malcolm sold around 470k shares on-market at roughly AU$1.95 per share. This transaction amounted to 16% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was John's only on-market trade for the last 12 months. Valuation Update With 7 Day Price Move • May 27
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to AU$2.03, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 11x in the Diversified Financial industry in Australia. Total returns to shareholders of 41% over the past three years. Reported Earnings • May 21
Full year 2024 earnings released: EPS: AU$0.13 (vs AU$0.13 in FY 2023) Full year 2024 results: EPS: AU$0.13. Revenue: AU$244.2m (up 6.7% from FY 2023). Net income: AU$31.3m (flat on FY 2023). Profit margin: 13% (in line with FY 2023). Revenue is forecast to grow 2.4% p.a. on average during the next 2 years, compared to a 7.1% decline forecast for the Diversified Financial industry in Australia. Recent Insider Transactions • Nov 17
Non-Executive Independent Director recently bought AU$72k worth of stock On the 15th of November, Douglas Snedden bought around 50k shares on-market at roughly AU$1.44 per share. This transaction amounted to 50% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought AU$181k more in shares than they have sold in the last 12 months. Reported Earnings • Nov 15
First half 2024 earnings released: EPS: AU$0.065 (vs AU$0.062 in 1H 2023) First half 2024 results: EPS: AU$0.065 (up from AU$0.062 in 1H 2023). Revenue: AU$122.8m (up 9.0% from 1H 2023). Net income: AU$15.8m (up 4.9% from 1H 2023). Profit margin: 13% (in line with 1H 2023). Revenue is forecast to grow 4.6% p.a. on average during the next 3 years, while revenues in the Diversified Financial industry in Australia are expected to remain flat. Over the last 3 years on average, earnings per share has increased by 32% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth. Announcement • Sep 29
OFX Group Limited Announces Change of Company Secretary OFX Group Ltd. announced that Ms Rebecca Blair will join OFX as Senior Legal Counsel and Assistant Company Secretary with effect from 3 October 2023. Ms Blair's appointment follows the resignation of Mr. Brett Farrell as Company Secretary of OFX with effect from 29 September 2023. Mr. Adrian Wong continues as Company Secretary and the person nominated under Listing Rule 12.6 for communication with ASX. Announcement • Jul 04
OFX Group Limited (ASX:OFX) completed the acquisition of PTRN Pty Ltd. OFX Group Limited (ASX:OFX) agreed to acquire PTRN Pty Ltd for AUD 17.3 million on May 23, 2023. The consideration is comprised of up to 11.25 million deferred performance securities subject to development and revenue vesting conditions. The Paytron team will join OFX. The transaction is expected to complete by July 1, 2023. Stuart Dullard of Ashurst has acted as legal advisor to Paytron.
OFX Group Limited (ASX:OFX) completed the acquisition of PTRN Pty Ltd on July 3, 2023. Valuation Update With 7 Day Price Move • May 29
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to AU$1.81, the stock trades at a forward P/E ratio of 14x. Average forward P/E is 14x in the Diversified Financial industry in Oceania. Total returns to shareholders of 39% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at AU$1.20 per share. Reported Earnings • May 23
Full year 2023 earnings released: EPS: AU$0.13 (vs AU$0.10 in FY 2022) Full year 2023 results: EPS: AU$0.13 (up from AU$0.10 in FY 2022). Revenue: AU$228.9m (up 45% from FY 2022). Net income: AU$31.4m (up 28% from FY 2022). Profit margin: 14% (down from 15% in FY 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 2.9% p.a. on average during the next 2 years, compared to a 5.9% growth forecast for the Diversified Financial industry in Australia. Over the last 3 years on average, earnings per share has increased by 26% per year but the company’s share price has only increased by 12% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Mar 24
Investor sentiment deteriorates as stock falls 18% After last week's 18% share price decline to AU$1.61, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 12x in the Diversified Financial industry in Oceania. Total returns to shareholders of 37% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at AU$2.52 per share. Buying Opportunity • Mar 20
Now 23% undervalued after recent price drop Over the last 90 days, the stock is down 20%. The fair value is estimated to be AU$2.40, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 12% over the last 3 years. Earnings per share has grown by 18%. Revenue is forecast to grow by 27% in 2 years. Earnings is forecast to grow by 29% in the next 2 years. Valuation Update With 7 Day Price Move • Jan 27
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to AU$2.00, the stock trades at a forward P/E ratio of 15x. Average forward P/E is 9x in the Diversified Financial industry globally. Total returns to shareholders of 36% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at AU$2.61 per share. Buying Opportunity • Jan 25
Now 21% undervalued after recent price drop Over the last 90 days, the stock is down 20%. The fair value is estimated to be AU$2.66, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 12% over the last 3 years. Earnings per share has grown by 18%. Revenue is forecast to grow by 27% in 2 years. Earnings is forecast to grow by 30% in the next 2 years. Recent Insider Transactions • Dec 22
CEO, MD & Executive Director recently bought AU$99k worth of stock On the 19th of December, John Malcolm bought around 43k shares on-market at roughly AU$2.31 per share. This transaction amounted to 1.6% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. This was John's only on-market trade for the last 12 months. Buying Opportunity • Dec 04
Now 21% undervalued after recent price drop Over the last 90 days, the stock is down 9.8%. The fair value is estimated to be AU$3.06, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 12% over the last 3 years. Earnings per share has grown by 18%. Revenue is forecast to grow by 27% in 2 years. Earnings is forecast to grow by 32% in the next 2 years. Reported Earnings • Nov 09
First half 2023 earnings released: EPS: AU$0.06 (vs AU$0.045 in 1H 2022) First half 2023 results: EPS: AU$0.06 (up from AU$0.045 in 1H 2022). Revenue: AU$112.7m (up 52% from 1H 2022). Net income: AU$14.7m (up 35% from 1H 2022). Profit margin: 13% (down from 15% in 1H 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 8.6% p.a. on average during the next 3 years, compared to a 15% growth forecast for the Diversified Financial industry in Australia. Over the last 3 years on average, earnings per share has increased by 18% per year but the company’s share price has increased by 27% per year, which means it is tracking significantly ahead of earnings growth. Reported Earnings • May 18
Full year 2022 earnings released: EPS: AU$0.10 (vs AU$0.052 in FY 2021) Full year 2022 results: EPS: AU$0.10 (up from AU$0.052 in FY 2021). Revenue: AU$158.4m (up 18% from FY 2021). Net income: AU$24.5m (up 91% from FY 2021). Profit margin: 15% (up from 9.5% in FY 2021). The increase in margin was driven by higher revenue. Over the next year, revenue is forecast to grow 43%, compared to a 16% growth forecast for the industry in Australia. Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has increased by 19% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • Mar 19
Investor sentiment improved over the past week After last week's 18% share price gain to AU$2.50, the stock trades at a trailing P/E ratio of 29.2x. Average forward P/E is 10x in the Diversified Financial industry in Australia. Total returns to shareholders of 59% over the past three years. Valuation Update With 7 Day Price Move • Dec 23
Investor sentiment improved over the past week After last week's 18% share price gain to AU$2.28, the stock trades at a forward P/E ratio of 26x. Average forward P/E is 11x in the Diversified Financial industry globally. Total returns to shareholders of 45% over the past three years. Reported Earnings • Nov 11
First half 2022 earnings released: EPS AU$0.045 (vs AU$0.012 in 1H 2021) The company reported a strong first half result with improved earnings, revenues and profit margins. First half 2022 results: Revenue: AU$74.3m (up 20% from 1H 2021). Net income: AU$10.9m (up 280% from 1H 2021). Profit margin: 15% (up from 4.6% in 1H 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 4% per year whereas the company’s share price has fallen by 6% per year. Recent Insider Transactions • Jun 29
Insider recently bought AU$100k worth of stock On the 25th of June, Catherine Kovacs bought around 73k shares on-market at roughly AU$1.37 per share. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought AU$172k more in shares than they have sold in the last 12 months. Reported Earnings • May 19
Full year 2021 earnings released: EPS AU$0.053 (vs AU$0.084 in FY 2020) The company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2021 results: Revenue: AU$134.7m (down 2.6% from FY 2020). Net income: AU$12.8m (down 37% from FY 2020). Profit margin: 9.5% (down from 15% in FY 2020). The decrease in margin was primarily driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 10% per year whereas the company’s share price has fallen by 9% per year. Is New 90 Day High Low • Mar 06
New 90-day low: AU$1.15 The company is down 4.0% from its price of AU$1.20 on 04 December 2020. The Australian market is up 2.0% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Diversified Financial industry, which is down 8.0% over the same period. Is New 90 Day High Low • Feb 09
New 90-day high: AU$1.30 The company is up 10.0% from its price of AU$1.19 on 11 November 2020. The Australian market is also up 10.0% over the last 90 days, indicating the company’s price trend is similar to the market over that time. However, it outperformed the Diversified Financial industry, which is up 8.0% over the same period. Reported Earnings • Nov 11
First half 2021 earnings released: EPS AU$0.012 The company reported a poor first half result with weaker earnings, revenues and profit margins. First half 2021 results: Revenue: AU$61.8m (down 6.2% from 1H 2020). Net income: AU$2.87m (down 66% from 1H 2020). Profit margin: 4.6% (down from 13% in 1H 2020). The decrease in margin was primarily driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 4% per year whereas the company’s share price has fallen by 1% per year. Is New 90 Day High Low • Nov 07
New 90-day high: AU$1.33 The company is up 13% from its price of AU$1.18 on 07 August 2020. The Australian market is up 4.0% over the last 90 days, indicating the company outperformed over that time. However, its price trend is similar to the Diversified Financial industry, which is also up 13% over the same period.