OFX Group Posts Lower Fiscal 2026 Underlying Earnings, Revenue; Shares Fall 7%

MT Newswires Live05-19

OFX Group (ASX:OFX) reported Tuesday fiscal year 2026 underlying earnings of AU$0.0098 per basic share, down from AU$0.1165 a year earlier.

Revenue from ordinary activities for the 12 months ended March 31 was AU$203.9 million, compared with AU$221.9 million a year earlier.

The company expects capital expenditure for fiscal year 2027 to range between AU$19 million and AU$20 million.

The company's shares fell 7% in recent Tuesday trade.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment