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Edge16 Oct 2026
Winner, Winner: The Chicken McNugget Story
How a 1940s breeding contest, a Cornell food scientist, and a hedge by Ray Dalio helped McDonald's turn the Chicken McNugget into a fast-food icon.
PEXA Group
PEXA Group (PXA) investor relations material
PEXA Group AGM 2026 summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.AGM 2026 summary10 Nov, 2026
Opening remarks and agenda
Vivek Bhatia chaired in Mark Joiner’s absence due to health issues; the meeting acknowledged Traditional Custodians and their enduring connection to Country.
The hybrid AGM covered the FY26 financial report, director elections, remuneration and CEO performance rights; resolution 8(b) had been withdrawn.
Financial performance review
FY26 revenue was $406.9m (+7% YoY), EBITDA $151.7m (+12%), EBITDA margin 37.3%, and NPATA $65.3m (+35%).
Continuing-operations NPAT was $19.2m; discontinued operations recorded a $35.1m loss, resulting in a statutory net loss of $15.9m.
Free cash flow increased 39% to $93.5m, EPS was 10.91cps versus (37.07cps), and net debt/EBITDA fell to 1.0x from 1.8x.
Australia revenue grew 8.4% to $345.6m and EBITDA rose 11.5% to $192.8m; International revenue increased 1.0% to $61.3m, with EBITDA of $(8.7)m and operating cash flow of $(57.7)m.
Near $20m of cost savings supported margins and free cash flow; $35m was invested in the Australian exchange in FY26.
Board and executive committee updates
John Hooper and Janelle Hopkins joined the board; Helen Silver resigned, and the phased board-refresh program will continue.
Graham Curtin became Group CFO on 1 September 2026; interim CFO Liz Warrell’s tenure concluded in September.
Russell Cohen leads the executive team; the U.K. leadership team was refreshed to sharpen execution and customer adoption.
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Latest events from PEXA Group
- Lower Australian transfer volumes drove reduced FY27 guidance as UK expansion continued.PXA
Q1 2027 - Revenue up 7% to $406.9m, margin expanded, but FY27 faces macro and regulatory risks.PXAH2 2026
- Revenue up 10% and EBITDA up 19%, with Digital Solutions exited and margin expansion.PXAH1 2026
- Double-digit revenue growth, strong voting support, and digital expansion drive strategy.PXAAGM 2025
- 1Q26 saw 6% transaction growth, strong UK gains, and reaffirmed FY26 guidance.PXAQ1 2026 TU
- Revenue up 16%, EBITDA and cash flow improved, UK platform launch set for FY26.PXAH2 2025
- Revenue up 21%, digital expansion and FY25 guidance reaffirmed amid ongoing risk focus.PXAAGM 2024
- Revenue up 21%, EBITDA up 16%, and free cash flow surged 175% year-over-year.PXAH2 2024
- Revenue and EBITDA up 24–25%, strong cash flow, $50M buy-back, and $55M debt repaid.PXAH1 2025
Next PEXA Group earnings date
H1 202725 Feb, 2027
PEXA Group
Next PEXA Group earnings date
H1 202725 Feb, 2027
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Frequently asked questions
PEXA Group Limited is active in digital property technology and insights, pioneering the first digital settlement platform to transform property transactions in Australia. The company facilitates over 20,000 family property settlements weekly through its network, which includes financial institutions, and legal, and conveyancing professionals. The company is headquartered in Melbourne, Victoria, and its shares are listed on the Australian Securities Exchange.