PEXA Group (ASX:PXA) has revised its specified items outlook for its fiscal first half to a range of AU$35 to AU$40 million from the previous outlook of AU$15 to AU$20 million, the company said in a Thursday Australian bourse filing.
The adjustment comes as the company expects to recognize a non-cash impairment charge of approximately AU$15 million in its fiscal H1 results, and there is no tax impact resulting from this change, per the filing.
The company also revised its income tax expense outlook to a range of AU$40 million to AU$45 million from AU$15 to AU$20 million.