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PEXA Group Limited (ASX:PXA)

ALERT: Price-sensitive ASX Announcement for PXA
Current share price for PXA : $8.100 -4.6 (-36.22%)+
Announcement
Release
4 May 2026 4:35PM
Price at Release
$12.700
Full Release
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Summary
PEXA Group Limited has released its update for the third quarter of FY26, reporting strong growth in transaction volumes. The PEXA Exchange processed 935,000 transactions in 3Q26, a 7.3% increase from the same period in the previous year, with transfer and refinance volumes also showing growth. The company maintained a national market penetration of 90% and launched its AML solution, PEXA Clear, to comply with upcoming Anti-Money Laundering requirements. In the UK, PEXA continued its engagement with lenders and conveyancers, despite a decrease in its remortgage market share to 22%. The company's financial outlook remains strong, reaffirming guidance for FY26, with expectations to achieve results at the higher end of its NPAT guidance range. The update highlights PEXA's focus on expanding its product offerings and maintaining customer satisfaction, which rose to 89.7% in 3Q26.
Key Points
  • PEXA processed 935k transactions in 3Q26, up 7.3% year-over-year.
  • Transfer volumes grew by 7.1%, and refinance volumes increased by 7.9%.
  • National market penetration sustained at 90%.
  • Launch of AML solution, PEXA Clear, ahead of new AML requirements.
  • UK remortgage market share decreased to 22%.
  • Customer satisfaction improved to 89.7%.
  • FY26 guidance reaffirmed, expecting high-end NPAT results.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.