Australia's OFX Group falls to over 4-month low on weak quarterly results

OFX

26/10/2025 23:54

** Shares of Australia's OFX Group OFX.AX fall as much as 12.8% to A$0.715, their biggest intraday pct loss since May 20

** Stock hits its lowest level since June 12

** The money transfer and financial operations co posts an 8.2% drop in second-quarter net operating income to A$50.1 million ($32.55 million)

** Co posts an 8.9% drop in quarterly revenue to A$31.3 million

** Stock last down 9.2%, bringing YTD losses to ~47%

($1 = 1.5389 Australian dollars)

 (Reporting by Sneha Kumar in Bengaluru)

 ((Sneha.kumar@thomsonreuters.com;))