How Did PEXA Group (ASX:PXA) Grow FY26 EBITDA 12% While Reducing Leverage?

Sonal Goyal

28 October 2026 12:48 AM AEDT

How Did PEXA Group (ASX:PXA) Grow FY26 EBITDA 12% While Reducing Leverage?

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Key Highlights

FY26 group revenue from continuing operations rose 7% to AUD 406.9 million from AUD 379.5 million.
Group NPATA increased 35% to AUD 65.3 million from AUD 48.2 million, while free cash flow rose 39% to AUD 93.5 million.
Australian revenue rose 8% to AUD 345.6 million.

On 27 October 2026, PEXA Group Ltd (ASX:PXA) was quoted at AUD 6.80 up 0.44% in intraday trading. PEXA Group Ltd is a electronic conveyancing and property settlement technology provider operating in Australia and the United Kingdom. Its 28 August 2026 announcement provides the principal operating and financial information discussed below. The intraday movement is presented separately from that earlier announcement, without attributing the trading change to its contents.

Revenue and EBITDA performance

In its 28 August 2026 results release, PEXA Group Ltd (ASX:PXA) provided the following update. FY26 group revenue from continuing operations rose 7% to AUD 406.9 million from AUD 379.5 million. EBITDA rose 12% to AUD 151.7 million and EBITDA margin increased to 37.3% from 35.6%.

The figures relate to the reporting period specified by the company, rather than to the October trading session. Where prior-year figures are supplied, the comparison refers to the corresponding company reporting period. This distinction is important because market quotations and published accounting results describe different points in time.

Profit and cash flow

In its 28 August 2026 results release, PEXA Group Ltd (ASX:PXA) provided the following update. Group NPATA increased 35% to AUD 65.3 million from AUD 48.2 million, while free cash flow rose 39% to AUD 93.5 million. Statutory NPAT from continuing operations was AUD 19.2 million versus a loss of AUD 65.6 million in FY25.

These operating measures form part of the company's description of its underlying property or service business. They measure a specific reported activity and should be read with the relevant definitions and qualifications in the presentation. The release does not establish that any single measure caused the subsequent share-price movement.

Australian exchange activity

In its 28 August 2026 results release, PEXA Group Ltd (ASX:PXA) provided the following update. Australian revenue rose 8% to AUD 345.6 million. Market transaction activity increased 6.4% to 4.7 million transactions, and average revenue per transaction increased 2.2% to AUD 80.60. The Australian business reported EBITDA of AUD 192.8 million.

The company's presentation also separates ongoing property activity from transactions and valuation changes. Portfolio figures may be affected by acquisitions, disposals, development completions and changes in assessed asset values. The reported amounts and comparative periods are retained here without projecting additional outcomes.

United Kingdom platform

In its 28 August 2026 results release, PEXA Group Ltd (ASX:PXA) provided the following update. International revenue was AUD 61.3 million, up 1% reported. The UK operations delivered NatWest digital remortgage capability in March 2026, while international EBITDA remained negative at AUD 41.1 million, compared with a AUD 37.8 million loss in FY25.

The development programme is subject to the steps identified in the release, including customer arrangements, planning, delivery and available capital where applicable. A stated target, identified site or opportunity should not be treated as a completed project unless the company describes it that way.

Regulation and leverage

In its 28 August 2026 results release, PEXA Group Ltd (ASX:PXA) provided the following update. Leverage fell to 1.0 times net debt to EBITDA from 1.8 times. The company highlighted the Australian IPART regulated-fee review, including a July draft proposal for a 20% cut to relevant regulated revenue from FY28.

Forward-looking figures are management guidance or targets, not completed results. They remain subject to the assumptions and conditions stated in the release. Debt, liquidity and gearing figures describe the reported balance-sheet position and do not imply a recommendation or a share-price forecast.

About the Company and Business Overview

PEXA Group Ltd (ASX:PXA) is a electronic conveyancing and property settlement technology provider operating in Australia and the United Kingdom. Its reported activities and operating measures reflect the nature of those assets and services. The company's published results distinguish operating earnings, distributions where relevant, asset information and capital management. The presentation dated 28 August 2026 provides the detail used in this article; no later company announcement is assumed here.

Risks and Catalysts on Watch

For PEXA Group Ltd (ASX:PXA), the key items for subsequent reporting include implementation of projects or operational initiatives already identified, financial performance in the next reporting period and updates to any published guidance. Financing costs, occupancy or customer activity, construction and transaction timing, and changes in the valuation of assets may be relevant depending on the company's operations. These are monitoring subjects rather than forecasts of share performance. Targets discussed above remain subject to the limits set out in the 28 August 2026 report.

What the Results Establish

The 28 August 2026 announcement describes PEXA Group Ltd's financial and operational position for its stated reporting period and identifies specific activities underway. The figures above are company-reported results, guidance and operational disclosures, not an interpretation of the trading move on 27 October 2026. Future company releases will establish how the programmes and metrics develop after the reported period.

FAQs

Q: What was FY26 group revenue?

A: AUD 406.9 million.

Q: How did leverage change?

A: It declined from 1.8 times to 1.0 times.

Q: When was NatWest remortgage functionality delivered?

A: March 2026.

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