PEXA Group Ltd
ASX:PXA
PEXA Group Ltd
Income from Continuing Operations
PEXA Group Ltd
Income from Continuing Operations Peer Comparison
Competitors Analysis
Latest Figures & CAGR of Competitors
| Company | Income from Continuing Operations | CAGR 3Y | CAGR 5Y | CAGR 10Y | ||
|---|---|---|---|---|---|---|
|
|
PEXA Group Ltd
ASX:PXA
|
Income from Continuing Operations
-AU$18m
|
CAGR 3-Years
-15%
|
CAGR 5-Years
4%
|
CAGR 10-Years
N/A
|
|
|
Mcgrath Ltd
ASX:MEA
|
Income from Continuing Operations
AU$11.9m
|
CAGR 3-Years
6%
|
CAGR 5-Years
N/A
|
CAGR 10-Years
N/A
|
|
|
Acumentis Group Ltd
ASX:ACU
|
Income from Continuing Operations
AU$1.3m
|
CAGR 3-Years
N/A
|
CAGR 5-Years
N/A
|
CAGR 10-Years
N/A
|
|
PEXA Group Ltd
Glance View
In the heart of Australia's bustling property market, PEXA Group Ltd stands as a transformative figure, revolutionizing how real estate transactions are conducted. Born from a need to modernize an antiquated paper-based system, PEXA, short for Property Exchange Australia, has developed a robust electronic conveyancing platform that simplifies the complex process of property settlements. By bridging the gap between financial institutions, legal practitioners, and land registries, PEXA enables its users to complete property transactions online in a streamlined manner. This digital approach not only enhances the speed and efficiency of transactions but also cuts down on errors and risks associated with traditional methods, aligning with the growing demand for reliability and security in financial operations. PEXA's business model is straightforward yet ingenious, capitalizing on the inherent need for digital transformation in real estate. The company generates its revenue primarily through subscription fees and transaction-based charges. Legal firms, conveyancers, and financial institutions pay to access PEXA's platform, where they can execute settlements and lodgments electronically. With each transaction processed on the platform, PEXA collects a fee, thereby linking its success directly to the growing volume of property transactions. As digital conveyancing gains traction, the group continues to expand its footprint, eyeing international markets where similar transformation opportunities await, further solidifying its role as a pioneer in digitizing the property exchange process.
See Also
What is PEXA Group Ltd's Income from Continuing Operations?
Income from Continuing Operations
-18m
AUD
Based on the financial report for Jun 30, 2024, PEXA Group Ltd's Income from Continuing Operations amounts to -18m AUD.
What is PEXA Group Ltd's Income from Continuing Operations growth rate?
Income from Continuing Operations CAGR 5Y
4%
Over the last year, the Income from Continuing Operations growth was 18%. The average annual Income from Continuing Operations growth rates for PEXA Group Ltd have been -15% over the past three years , 4% over the past five years .
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