Highlights

  • PEXA operates Australia’s digital property settlement exchange.
  • FY2026 Revenue increased to A$406.9 million.
  • EBITDA increased to A$151.7 million during FY2026.
  • The company expanded its UK operations through Optima Legal and Smoove.
  • Regulatory developments remain an important Factor for the business.

PEXA Group Limited (ASX:PXA) operates a digital property settlement platform connecting financial institutions, conveyancers, lawyers and land registries. The company provides electronic property settlement infrastructure in Australia and has expanded internationally through its UK operations.

FY2026 Financial Performance

PEXA released its FY2026 results on 28 August 2026. Revenue increased 7% to A$406.9 million, while EBITDA increased 12% to A$151.7 million. The EBITDA Margin increased to 37.3%.

Free Cash Flow increased 39% to A$93.5 million, while statutory net profit after tax was A$19.2 million. Net Debt reduced by A$92.4 million during the period.

Business Operations

PEXA operates the Australian digital property settlement exchange, allowing electronic lodgement and settlement of property transactions. The platform connects participants including financial institutions, lawyers, conveyancers and government land registries.

The company also operates a UK Business through Optima Legal and Smoove, focused on digital remortgage services.

Recent Developments

During 2026, regulatory developments formed an important part of the company’s operating environment. The NSW Independent Pricing and Regulatory Tribunal released a draft report relating to regulated transaction fees.

The company also reported that the interoperability programme involving potential competing exchanges was terminated, with no competing platform approved.

Financial and Operational Position

The Australian Exchange generated A$345.6 million of revenue during FY2026 and EBITDA of A$192.8 million. Transaction volumes totalled 4.19 million during the year.

The International segment contributed A$61.3 million of revenue, while the UK operations continued development activities.

Key Risks

PEXA operates within a regulated environment, and changes to pricing arrangements may influence revenue. Property transaction volumes, housing activity and the performance of international operations may also affect future results.

Key Insights

PEXA Group’s FY2026 results highlight continued activity across its Australian settlement platform and ongoing development of international operations. Future updates will provide further information on regulatory outcomes, transaction volumes and business performance.