Ann: PEXA 3Q24 Update, page-4

From August 23 report:

Group operating EBITDA
FY22 133M
FY23 99M

in FY23 PEXA invested $51 million in its international expansion and $22 million in Digital
Growth, excluding M&A activity.
Group loss after tax was $21.8 million for the year ended 30 June 2023, down $43.7 million from
the prior year, a result of lower Operating EBITDA

Todays update:
FY24 outlook is Operating EBITDA $105m to $109m

Activity in the UK has focused on building our customer base....We have confirmed a further tier 1 lender to test the PEXA Pay scheme at the next available Bank of England testing slot ...The 11 lenders that have tested on PEXA Pay (which excludes ClearBank) represent c. 20% of the
mortgage market in the UK.

Combined with Smoove remortgages, PEXA UK now completes 21% of remortgage flows in the market.

Outlook
The economic environment for both Australia and the UK remains mixed.
In Australia, we remain cautious about the impact of interest rate movements and the flow on effect this
may have on property settlement and refinancing activity levels. In the UK, market conditions remain
subdued with some small, but promising, signs of recovery with remortgage activity recently touching
cyclical lows

Revenue
FY22 $280M
FY23 $283M
FY24 outlook $335 - 345M