PXA 1.96% $14.50 pexa group limited

News: PXA Pexa Group Expect Pexa Exchange Operating EBITDA Margins In 50-55% Range Through FY24

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    Aug 25 (Reuters) - PEXA Group Ltd (PXA) :

    • EXPECT PEXA EXCHANGE OPERATING EBITDA MARGINS IN A CONSISTENT 50-55% RANGE THROUGH FY24
    • EXPECT PEXA EXCHANGE TO CONTINUE ITS RESILIENT PERFORMANCE IN FY24
    • EXPECT DIGITAL GROWTH BUSINESS TO BE OPERATING EBITDA BREAK EVEN IN JUNE 2024
    • INCREASINGLY FOCUSED ON GROUP MARGIN
    • GROUP MARGIN CURRENTLY SITS AT 35%, EXPECT THIS WILL BE A FLOOR FOR PERFORMANCE NEXT YEAR
    • DESPITE MARKET HEADWINDS, WELL ON WAY TO DELIVER AGAINST STRATEGY IN FY24
    • FOR FY24, MANAGE INVESTMENT IN EMERGING BUSINESSES TO COMBINED A$70 MILLION-A$80 MILLION, WHICH REMAINS IN LINE WITH FY23 LEVELS
 
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