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:
Sezzle Inc
(2020
sales of 84.83 million Australian Dollars [US$65.55 million]
of which 100%
was Financial Technology),
EML Payments Ltd
(120.96 million Australian Dollars [US$93.48 million]
of which 56%
was G&I), and
Pushpay Holdings Ltd
which is
based in NEW ZEALAND
(197.85 million New Zealand Dollars [US$141.93 million]
of which 100%
was Mobile commerce and electronic payment s).
Sales Analysis.
OFX Group Ltd reported sales of A$138.34 million (US$106.91 million)
for the
fiscal
year ending
March of 2020.
This
represents
an
increase of 6.2%
versus 2019, when the company's sales were A$130.23 million.
Sales at OFX Group Ltd have increased during each of the previous five years
(and since 2015, sales have increased a total of 42%).
Sales of North America saw an increase
that was more than double the company's growth rate: sales were up
25.5% in 2020, from
A$26.86 million to A$33.70 million.
Not all segments of OFX Group Ltd experienced an increase in sales in 2020:
sales of International Payment Solutions fell 33.6% to A$4.74 million.
OFX Group Ltd also experienced decreases in sales in
Asia (down 3.9% to A$6.89 million)
.