OFX Group Limited (OFX) Q4 2026 Earnings Call

Investor webinar replay

Replay transcript excerpt

Thank you, Ashley, and thank you, everyone, for joining the call. As Ashley mentioned, I'm joined by James Georgeson, our CFO, and Matt Gregorowski from Sedalia & Co., who lead our investor relations program. James and I will take you through the pages, and then there will be time for Q&A. The presentation will cover four sections, an update on the strategic review, a performance update, and a 2.0 transition. financials and the fiscal year 27 outlook. Then we'll do Q&A. So let's move to slide four in the pack. I want to start the presentation by being focused on our mission, which is simpler financial operations, helping businesses thrive globally. I start here because we must be very clear with our investors, employees and clients about what we're trying to do. It may sound obvious, but it matters a great deal as we navigate the transition from a company that did one job very well for both corporate and consumer clients, making cross-border payments, to becoming a company that does several jobs very well for our corporate clients to make their lives simpler and, in turn, help them thrive. By year end, we will also have launched our new value proposition for consumer clients on the new client platform, and it too will make their lives simpler and easier. We've laid out this strategy before and I'll revisit it today to ensure we're all aligned on what guides our investments, our decisions, and our pacing. So why this mission? It is built on a huge opportunity, around US dollars 66 billion of revenues, and that's just for SMEs, and the fact that we're well placed to capture it. By expanding the number of jobs we can do for our corporate clients, we nearly double our TAM from US $34 billion to US $66 billion. Secondly, we often get questions from investors about competi...