PEXA Group Limited (AU:PXA) has released an update.
Discover the Best Stocks and Maximize Your Portfolio:
- See what stocks are receiving strong buy ratings from top-rated analysts.
- Filter, analyze, and streamline your search for investment opportunities with TipRanks’ Stock Screener.
PEXA Group Limited has reported a solid start to FY25, with a 3% increase in transaction volumes compared to the previous year and a reaffirmation of their FY25 guidance despite economic uncertainties. The company saw a notable increase in higher-value transfer volumes in Australia and a significant surge in platform transactions in the UK. Digital Solutions also showed strong growth, with subscription and transaction-related revenues increasing by 32% and 49%, respectively, signaling robust customer engagement.
For further insights into AU:PXA stock, check out TipRanks’ Stock Analysis page.