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OFX Group Full Year 2024 Earnings: EPS: AU$0.13 (vs AU$0.13 in FY 2023)

OFX Group (ASX:OFX) Full Year 2024 Results

Key Financial Results

  • Revenue: AU$244.2m (up 6.7% from FY 2023).

  • Net income: AU$31.3m (flat on FY 2023).

  • Profit margin: 13% (in line with FY 2023).

  • EPS: AU$0.13.

earnings-and-revenue-growth
earnings-and-revenue-growth

All figures shown in the chart above are for the trailing 12 month (TTM) period

OFX Group Earnings Insights

Looking ahead, revenue is forecast to grow 2.4% p.a. on average during the next 2 years, compared to a 7.1% decline forecast for the Diversified Financial industry in Australia.

Performance of the Australian Diversified Financial industry.

The company's shares are up 21% from a week ago.

Balance Sheet Analysis

While earnings are important, another area to consider is the balance sheet. We have a graphic representation of OFX Group's balance sheet and an in-depth analysis of the company's financial position.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.