Online foreign exchange and payments company OFX Group booked a net operating income of $227.5 million for FY24, up 6.3%.

EBITDA for FY24 reached $64.6 million, while B2B strategies drove a 21.8% upturn.

Efficient cost management contributed to operational leverage. Selena Verth, CFO, highlighted disciplined expense management and the realisation of synergy from acquisitions.

OFX plans to invest in platform and product capabilities beyond foreign exchange.