OFX Group Ltd Shows Resilience Amid Revenue Decline, Accelerates New Client Platform Rollout

OFX Group Ltd. ( (AU:OFX) ) has provided an update.

OFX Group Ltd reported a 3.4% decline in revenue for the fiscal year ending March 2025, reflecting resilience amidst challenging market conditions characterized by low business confidence and global tariff uncertainties. Despite a decrease in corporate and high-value consumer revenues, the company saw a 17% increase in enterprise revenue and a 24% rise in transaction volumes. OFX’s strategic focus on its New Client Platform has shown promising results, with significant improvements in client onboarding and risk controls, contributing to a 27% non-FX revenue among new clients. The company plans to accelerate the global rollout of this platform in FY26, supported by a positive market response and an independent review indicating a substantial increase in its addressable market.

The most recent analyst rating on (AU:OFX) stock is a Buy with a A$2.60 price target. To see the full list of analyst forecasts on OFX Group Ltd. stock, see the AU:OFX Stock Forecast page.

More about OFX Group Ltd.

OFX Group Ltd is a company operating in the financial technology sector, primarily offering services related to foreign exchange and international payments. The company focuses on providing a New Client Platform to enhance client experience and drive growth across its major markets, including APAC, North America, and EMEA.

Average Trading Volume: 383,051

Technical Sentiment Signal: Sell

Current Market Cap: A$263.4M

See more data about OFX stock on TipRanks’ Stock Analysis page.