PEXA Group Ltd (ASX:PXA) Announces 1H25 Results and $50m Share Buyback
Financial Performance
PEXA Group Ltd reported a statutory revenue increase of 25% to $202.5 million for the first half of 2025. Operating EBITDA grew by 24% to $73.2 million, and free cashflow surged by 82% to $27.9 million.
Share Buyback Program
PEXA has announced an on-market share buyback of up to $50 million, funded from cash and existing debt facilities. The buyback is scheduled to commence in mid-March 2025 and aims to be completed within six months.
Future Outlook
PEXA reaffirmed its operational guidance for FY25, targeting group business revenue growth of 13-19%, an operating EBITDA margin of ≥34%.
Motley Fool contributor Matt Burgess has no position in any of the stocks mentioned. The Motley Fool Australia's parent company Motley Fool Holdings Inc. has positions in and has recommended PEXA Group. The Motley Fool Australia has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.
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