OFX Group Ltd operates in the Functions related to deposit banking sector.
In addition to historical fundamental analyses, the complete report available to purchase compares OFX Group Ltd with three other
banks in Australasia:
EML Payments Ltd
(2019
sales of 97.20 million Australian Dollars [US$59.63 million]
of which 68%
was G&I),
Sezzle Inc
(23.08 million Australian Dollars [US$14.16 million]
of which 100%
was Financial Technology), and
Pushpay Holdings Ltd
which is
based in NEW ZEALAND
(141.20 million New Zealand Dollars [US$84.10 million]
of which 100%
was Text Messaging).
Sales Analysis.
OFX Group Ltd reported sales of A$130.23 million (US$79.90 million)
for the
fiscal
year ending
March of 2019.
This
represents
an
increase of 8.0%
versus 2018, when the company's sales were A$120.59 million.
Sales at OFX Group Ltd have increased during each of the previous five years
(and since 2014, sales have increased a total of 43%).
Sales of North America saw an increase
that was more than double the company's growth rate: sales were up
19.8% in 2019, from
A$22.42 million to A$26.86 million.
OFX Group Ltd also saw significant increases in sales in
Europe (up 11.9% to A$23.18 million)
and
Asia (up 19.3% to A$7.17 million)
.
Not all segments of OFX Group Ltd experienced an increase in sales in 2019:
sales of International Payment Solutions fell 17.2% to A$7.14 million.