PEXA Group Ltd
ASX:PXA
Gross Margin
PEXA Group Ltd
Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.
Gross Margin Across Competitors
| Country | Company | Market Cap |
Gross Margin |
||
|---|---|---|---|---|---|
| AU |
|
PEXA Group Ltd
ASX:PXA
|
2B AUD |
83%
|
|
| US |
|
CBRE Group Inc
NYSE:CBRE
|
39.1B USD |
20%
|
|
| CN |
K
|
Ke Holdings Inc
HKEX:2423
|
183.7B HKD |
25%
|
|
| US |
|
Zillow Group Inc
NASDAQ:ZG
|
16.3B USD |
76%
|
|
| US |
|
Jones Lang LaSalle Inc
NYSE:JLL
|
11.7B USD |
0%
|
|
| CA |
|
FirstService Corp
TSX:FSV
|
10.8B CAD |
33%
|
|
| CA |
|
Colliers International Group Inc
TSX:CIGI
|
8.7B CAD |
40%
|
|
| US |
C
|
Compass Inc
NYSE:COMP
|
4.7B USD |
18%
|
|
| UK |
|
Cushman & Wakefield PLC
NYSE:CWK
|
2.3B USD |
18%
|
|
| HK |
C
|
China Overseas Property Holdings Ltd
HKEX:2669
|
18.2B HKD |
17%
|
|
| US |
|
Newmark Group Inc
NASDAQ:NMRK
|
2.1B USD |
99%
|
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
Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.
Based on PEXA Group Ltd's most recent financial statements, the company has Gross Margin of 82.9%.
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