OFX Group Ltd (ASX:OFX)
A$ 2.11 0.04 (1.93%) Market Cap: 506.68 Mil Enterprise Value: 187.76 Mil PE Ratio: 16.69 PB Ratio: 2.90 GF Score: 89/100

Full Year 2022 OFX Group Ltd Earnings Call Transcript

May 17, 2022 / 12:00AM GMT
Release Date Price: A$2.7 (+8.87%)
Operator

Thank you for standing by, and welcome to the OFX Group Limited FY '22 Full Year Results Call. (Operator Instructions) I would now like to hand the conference over to Mr. Skander Malcolm, Managing Director and CEO. Please go ahead.

John Alexander Malcolm
OFX Group Limited - CEO, MD & Executive Director

Thank you, Melanie, and thank you, everyone, for joining the call. As Melanie has mentioned, I'm joined by Selena Verth, our CFO; and Matt Gregorowski, who leads our Investor Relations program with Citadel-MAGNUS. Selena and I will take you through the pages and then there will be time for Q&A.

This year, we'll cover 3 things: the full year result, what it is and what drove it; our focus areas for fiscal year '23; and our guidance on fiscal year '23.

Let's move to Slide 4 in the pack. Fiscal year 2022 was a record year for OFX. In terms of financial performance versus fiscal year '21, we delivered turnover of over $33.2 billion, up 32.7%; net operating income of $147 million, up 24.7%; and underlying EBITDA of $44.5 million, up 53.1%.

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