PEXA Group (ASX:PXA) reaffirmed its guidance for the fiscal year 2025 but flagged uncertainties for the remainder of the period, according to a Monday filing with the Australian bourse.
The company continues to expect group business revenue to grow 13% to 19% for the year. Operating earnings before interest, taxes, depreciation, and amortization margin are expected to be greater than or equal to 34%.
"[W]e note the uncertainties arising from the mixed outlook for the performance of the Australian and UK economies and property markets over the remainder of FY25," Chief Executive Glenn King said.
The company, which operates a digital property settlements platform, saw its shares down nearly 3% in recent Monday trade.
Price (AUD): $13.37, Change: $-0.37, Percent Change: -2.69%
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