PEXA narrows half-year loss as revenue climbs but NTAs stay negative

The latest update is out from PEXA Group Limited ( (AU:PXA) ).

PEXA Group Limited reported a 10% rise in revenue from ordinary activities to $215.3 million for the half year to 31 December 2025, while net profit after tax from continuing operations swung to a $15.4 million profit from a $29.6 million loss a year earlier. However, losses from discontinued operations deepened to $29.6 million, leaving a net loss attributable to members of $14.3 million, and the board again opted not to declare an interim dividend.

Net tangible assets per security remained negative, improving slightly to negative $1.93 from negative $2.07 as the company’s asset base continues to be dominated by intangibles, reflecting the capital-light, IP-heavy nature of its platform. The group’s structure was broadly unchanged, with no new controlled entities gained or lost in the period and stable stakes in key associates such as Landchecker Holdings and HomeOwners Alliance, aside from the exit from Elula Holdings, which may modestly streamline its investment portfolio.

The most recent analyst rating on (AU:PXA) stock is a Buy with a A$17.40 price target. To see the full list of analyst forecasts on PEXA Group Limited stock, see the AU:PXA Stock Forecast page.

More about PEXA Group Limited

PEXA Group Limited operates in the financial technology sector, focusing on digital property settlements and related services for the real estate and conveyancing markets. Its platform supports electronic lodgement and settlement of property transactions, underpinned by significant intangible technology assets that dominate its balance sheet.

Average Trading Volume: 322,866

Technical Sentiment Signal: Buy

Current Market Cap: A$2.53B

For an in-depth examination of PXA stock, go to TipRanks’ Overview page.