PEXA Group Reports Strong Half-Year Performance and Announces $50M Share Buy-Back

PEXA Group Limited ( (AU:PXA) ) has provided an update.

PEXA Group Limited reported a strong operating performance for the half year ending December 2024, with a 25% increase in revenue and a 24% rise in operating EBITDA. Despite a statutory net loss due to non-cash charges, the company improved its cash generation and announced a $50 million share buy-back, reflecting confidence in its strategic position and future growth prospects.

More about PEXA Group Limited

PEXA Group Limited operates in the digital property settlement industry, providing electronic conveyancing services through its PEXA Exchange platform. The company focuses on enhancing property transactions and has expanded its operations internationally, including in the UK, with a commitment to digital solutions and infrastructure development.

YTD Price Performance: -11.64%

Average Trading Volume: 263,784

Technical Sentiment Consensus Rating: Buy

Current Market Cap: A$2.05B

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