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OFX Group (OFX) investor relations material
OFX Group AGM 2025 summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.AGM 2025 summary15 Aug, 2025
Opening remarks and agenda
Meeting opened with acknowledgment of traditional custodians and confirmation of quorum, with both in-person and online attendance.
Board and executive team introduced, including directors, CEO, CFO, and auditor transition.
Agenda outlined: chair's address, CEO's address, formal resolutions, and Q&A.
Financial performance review
FY25 net operating income was $214.9M, down 5.5% YoY; underlying EBITDA was $57.7M, down 10.7%.
NOI margin was 56bps, down 3bps, and underlying EBITDA margin was 27%, down 160bps YoY.
Net cash held increased to $77.2M, with $24M debt repaid and outstanding debt reduced to $20M.
Operating cash conversion exceeded 90%, and bad & doubtful debts were reduced by 42.7%.
1Q26 NOI was $54.9M, up 11.3% from 4Q25 but down 3.0% YoY; enterprise revenue grew 33.5% YoY.
Board and executive committee updates
Board reaffirmed commitment to sustainable value and strong governance.
New auditor appointed; board diversity and director backgrounds highlighted.
Directors up for reelection addressed shareholders, acknowledging feedback and diversity concerns.
What's the expected timeline for OFX 2.0?
Assess the impact of regulatory fines on fintechs.
How does OFX plan to regain shareholder trust?
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Next OFX Group earnings date
H1 202610 Nov, 2025
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Frequently asked questions
OFX Group Limited, previously known as OzForex, is an Australian-based company specializing in international payments and foreign exchange services. Founded in 1998, OFX has grown to provide a wide range of financial services to individuals, including migrants and expatriates, small businesses, and corporate clients. The company operates on a global scale, offering money transfer services through a cloud-based platform to consumers, online sellers, and enterprise clients. The company is headquartered in Sydney, New South Wales, Australia, and its shares are listed on the Australian Securities Exchange.
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