Added to YB: 2026-10-06
Pitch date: 2026-09-30
OFX.AX [neutral]
OFX Group Limited
-9.6%
current return
Author Info
Triple S is a professional special situations investor who shares ideas in their newsletter. Sign up for the newsletter.
Company Info
OFX Group Limited provides international payments and foreign exchange services in the Asia Pacific, North America, Europe, the Middle East, and Africa.
Market Cap
AUD 139.7M
Pitch Price
AUD 0.63
Price Target
1.00 (+77%)
Dividend
N/A
EV/EBITDA
14.04
P/E
-353.15
EV/Sales
0.31
Sector
Financial Services
Category
special_situation
3 Mergers and 1 Liquidation in the Danger Zone - OFX Group Limited
OFX.AX (update): OFX has no signed takeover deal: Equals has only a Transaction Process Deed; debt financing, approvals and a signed SID remain, with exclusivity ending October 30. At A$0.60, an unchanged A$1.00 price offers 67% upside before a ±A$0.04 cash adjustment versus estimated downside near A$0.30, a payoff implying roughly 40% market odds. Q1 NOI fell 20%, and OFX no longer expects FY27 growth in group NOI or Corporate Active Clients.
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