OFX Group Ltd.
0.54
AUD
+0.01
(+0.94%)
ISIN
AU000000OFX5
Return %
Stock
S&P 500
1Y
-33.95
14.20
3Y
-67.67
81.12
5Y
-66.98
68.34
Capital Structure
AUD
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in mil. unless spec.Working Capital
AUD
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in mil. unless spec.Growth Rates
AUD
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in mil. unless spec.Semi-annual Revenue
AUD
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in mil. unless spec.Semi-annual Earnings Per Share
AUD
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in mil. unless spec.Semi-annual Dividends Per Share
AUD
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in mil. unless spec.Company Description
- CEO
- Skander Malcolm
- Full Time Employees
- 702
- Sector
- Commercial services
- Industry
- Miscellaneous commercial services
- Address
- 60 Margaret Street Sydney NSW Australia 2000
- IPO Date
- Oct 18, 2013
- Website
- ofx.com
- Similar Companies
- Business
- OFX Group Limited (ASX:OFX) provides international payments and foreign exchange services to businesses and individuals through its online platform and global network of bank accounts; core offerings include FX payments and transfers to over 170 countries in 30+ currencies, global business accounts, corporate cards with spend controls and real-time tracking, accounts payable automation with OCR invoice capture and bill payments, spend management tools, currency risk management solutions, and integrations with accounting software such as Xero and QuickBooks. Founded in 1998 and headquartered at Level 19, 60 Margaret Street in Sydney, Australia, the company operates worldwide with more than 700 employees across offices in Sydney, London, Dublin, Auckland, Hong Kong, Singapore, Toronto, and San Francisco, serving clients primarily in the Asia Pacific, North America, Europe, the Middle East, and Africa while emphasizing a shift toward higher-margin B2B segments that now account for over 70% of revenue. OFX maintains a publicly listed status on the ASX since 2013 under the Diversified Financials sector and holds licenses from over 50 regulators globally, including ASIC and AUSTRAC in Australia, FCA in the UK, and FinTRAC in Canada. Recent developments include the 2022 completion of a C$90 million acquisition of Canadian corporate FX provider Firma Foreign Exchange Corporation to boost its corporate segment revenue by 93% and client base by 9,600 customers; a strategic B2B pivot accelerating non-FX product adoption like corporate cards and forward contracts; the 2025 rollout of its New Client Platform (NCP) in Australia and Canada with launches planned for the UK and US; partnerships such as with Know Your Customer for enhanced compliance in June 2025, Technosis for multi-currency payments, ATP and PCA for financial services sponsorships, and sports entities including Burnley FC, Heart of Midlothian FC, and United Rugby Championship; and expansions like entering the German market in 2024 to support European growth alongside ongoing development of automated workflows and 24/7 support for global financial operations.
Company News
OFX Group Limited (OZFRY) Shareholder/Analyst Call Transcript
OFX Group Limited (OZFRY) Q4 2026 Earnings Call Transcript
OFX Group Limited (OZFRY) Q2 2026 Earnings Call Transcript