OzForex: Result 2015

This international payments business is winning new clients – but it's having to pay heavily for them.

Last year’s disappointments for OzForex largely stemmed from a dearth of new clients, while it did a better than expected job of holding on to the ones it already had. In the year to March 2015, it was the reverse: helped by the volatility in the Aussie dollar – the company beat the consensus forecast for new clients (60,700 compared to 60,100), but struggled to hold onto its existing clients.

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