PEXA Group (PXA) AGM 2026 summary

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the FY26 financial report, director elections, remuneration and CEO performance rights; resolution 8(b) had been withdrawn.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.