Australia's OFX plunges to record low on weak quarterly income

OFX

26/10/2026 03:44

** Shares of OFX OFX.AX plunge as much as 33.3% to A$0.340, hitting their all-time low
** Stock logs its largest intraday pct loss since May 20, 2025
** Foreign exchange service provider posts Q2FY27 net income of A$45.3 million ($31.81 million) down from A$50.1 million last year
** Co also posts Q2FY27 revenue of A$28.4 million, down from A$31.3 million last year
** YTD, stock down 27.8%

($1 = 1.4241 Australian dollars)

 (Reporting by Tejas Harish in Bengaluru)
 ((tejas.harish@thomsonreuters.com;))