OFX Group Ltd. (AU:OFX)
ASX:OFX
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Earnings Data
Report Date
Nov 10, 2026TBA (Confirmed)
Period Ending
2027 (Q2)Consensus EPS Forecast
―Last Year’s EPS
0.01Same Quarter Last Year
Based on 0 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Neutral
The call presents a balanced picture: strong operational and strategic progress with the OFX 2.0 platform migration, clear signs of product traction (multiproduct adoption, rising NTCs), improved technology delivery, growing non-FX revenue and a solid cash position. These positives are offset by a notable decline in top-line trading revenues, a severe reduction in underlying EBITDA versus the prior year, weaker consumer and corporate transaction activity driven by macro uncertainty and a meaningful increase in certain operating costs and bad debts. Management outlines a path to recovery but timing is dependent on market conditions.Company Guidance
Major OFX 2.0 Migration Largely Complete, On Time and On Budget
Completed migration of over 90% of corporate clients and major markets to the new client platform (NCP); launched in Canada, EMEA, Australia upgrades, U.S. launch with partner bank and New Zealand launch; management states migrations executed within budget and time frames.
Significant Increase in Active Corporate Clients on NCP
23,000+ active corporate clients on the NCP, a ~70% increase versus the first half; platform scalability evident with costs growing at a far smaller rate than transactions and clients.
Rising Multiproduct Adoption
Multiproduct adoption rose to 8.4% in Q4 from 4.5% in Q3; in Australia multiproduct penetration reached 13%; 27% of Q4 new clients were already multi-product users.
New Trading Client Growth and Early Go-to-Market Traction
New trading clients (NTCs) up 8% in FY26 versus FY25; April NTCs up ~20% year-over-year and May trending stronger, reflecting improved go-to-market effectiveness.
Technology Delivery and Product Velocity Improved Dramatically
Dev model scaled from ~26 releases/year to over 200 deployments per week across 18 squads; adoption of AI accelerating internal productivity and enabling faster feature delivery and onboarding automation.
Non-FX Revenue and Wallet Balances Growing
Non-FX revenue nearly tripled over the last four quarters (off a low base), finished the year at approximately $1.8m; card, subscription and 'Pay by Card' revenues grew; client wallet balances nearly $233m and generated ~ $1m in Q4 interest revenue (not included in reported non-FX figure).
Strong Balance Sheet and Cash Generation
Net cash at year-end $71.6m with net available cash (after collateral) ~$49.6m; operating cash conversion >100% with underlying EBITDA of $25.2m converting to $26.7m cash from operations.
Lower-Than-Expected Investment Spend
Incremental FY26 investment guidance ($16–24m OpEx, ~$5m CapEx) was underspent; management cites more efficient delivery of the roadmap and lower short-term performance pay outcomes as reasons.
AU:OFX Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
AU:OFX Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
May 18, 2026 | AU$0.56 | AU$0.53 | -4.50% |
Nov 10, 2025 | AU$0.57 | AU$0.56 | -1.75% |
May 19, 2025 | AU$1.32 | AU$0.86 | -34.85% |
Nov 11, 2024 | AU$1.46 | AU$1.24 | -15.07% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does OFX Group Ltd. (AU:OFX) report earnings?
OFX Group Ltd. (AU:OFX) is schdueled to report earning on Nov 10, 2026, TBA (Confirmed).
What is OFX Group Ltd. (AU:OFX) earnings time?
OFX Group Ltd. (AU:OFX) earnings time is at Nov 10, 2026, TBA (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is the P/E ratio of OFX Group Ltd. stock?
The P/E ratio of OFX Group Ltd. is N/A.
What is AU:OFX EPS forecast?
Currently, no data Available