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PEXA Group (PXA) investor relations material
PEXA Group AGM 2025 summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Opening remarks and agenda
Chair welcomed shareholders, acknowledged traditional land custodians, and opened the meeting with a quorum present.
Introduced board members, executive team, company secretary, and auditor.
Outlined hybrid meeting procedures for questions and voting, with instructions for both in-person and online participation.
Agenda included Chair address, CEO update, and resolutions.
Financial performance review
Group revenue rose 16% year-on-year to $393.6m, with EBITDA up 21% to $134.4m and free cash flow up 45% to $56.0m.
NPATA decreased by 6% to $41.1m, and statutory NPAT loss widened to $(76.1)m.
Australian Exchange revenue grew 7.5% to $313.8m, with EBITDA margin at 55.0%.
International segment revenue increased 15.4%, with improved EBITDA and cash flow; Smoove integration completed.
Digital Solutions revenue up 21.7%, EBITDA improved by 95.1%, and operating cash flow up 61.3%.
Board and executive committee updates
Significant leadership changes included a new CEO, Russell Cohen, and departures of the CEO of Australia and Group CFO.
Ongoing search for a permanent CFO; no plans to continue the CEO of Australia role.
Anticipation of further board changes to ensure the right mix of skills for the next growth phase.
Board comprises an independent chair, CEO, and several independent and non-executive directors, including a nominee from Commonwealth Bank of Australia.
Board refresh planned to support strategic execution.
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