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OFX GROUP LIMITED — Earnings Release 2025
May 19, 2025
65487_rns_2025-05-19_30410949-e104-4901-85b8-d8b7d90ae587.pdf
Earnings Release
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Appendix 4E For the financial year ended 31 March 2025
OFX Group Limited ABN 12 165 602 273
Results for announcement to the market
For the year ended 31 March 2025 (“current period”)
| Change from | ||||
|---|---|---|---|---|
| year ended | ||||
| 31 March 2025 | 31 March 2024 | 31 March 2024 | ||
| $’000 | % | $’000 | ||
| Revenuefrom ordinary activities | Down | 221,936 | (3.39%) | 229,719 |
| Underlying net profitfor the period attributable to | ||||
| members of parent (before non-controlling interest)1 | Down | 27,660 | (18.2%) | 33,818 |
| Statutory net profitfor the period attributable to | ||||
| members of parent (before non-controlling interest) | Down | 24,862 | (20.6%) | 31,299 |
The statutory net profit after tax for the year was $24.9 million, down 20.6% from $31.3 million in the prior year.
The Group achieved underlying net profit after tax (adjusted for the one-off impacts of one-off / non-operating expenses and non-operating income) of $27.7 million for the year. The underlying net profit was 18.2% lower than the $33.8 million in the prior year.
Dividend information
There were no dividends paid in the current or the prior period.
Share buy back
On 23 May 2023, the Company announced an on-market share buy-back program. On 21 May 2024, the Company announced the renewal of the on-market share buy-back program to continue to return capital to shareholders as part of the Company’s capital management program while also allowing for growth. The renewed on-market share buy-back program completed on 19 May 2025.
A total of 9,218,924 ordinary shares were bought back during the current period (2024: 8,568,506). The total amount paid for the buy-back during the period was $13.7m (2024: $14.3m). The total buy-back since inception is 17,787,430 ordinary shares.
| 31 | March 2025 | 31 March 2024 | |
|---|---|---|---|
| (cents) | (cents) | ||
| Net tangible assetsper security2 | 26.72 | 21.25 |
Other information requiring disclosure to comply with Listing Rule 4.3A is contained in, and should be read in conjunction with, the notes to the Consolidated Financial Statements and the Directors’ Report for the year ended 31 March 2025.
This report is based on the Consolidated Financial Statements which has been audited by KPMG.
The Annual General Meeting is to be held on Friday 15th August 2025, the details of which will be disclosed to the ASX.
1 Refer to page 42 of the Annual Report for a reconciliation of underlying net profit after tax to statutory net profit after tax. 2 Assumes 233,122,209 shares on issue at 31 March 2025, 237,917,873 on issue at 31 March 2024.
OFX Group Limited 2025 Appendix 4E