OFX Group's statutory net profit after tax rose by 4.9% year-over-year to $15.8 million for the six months ended Sept. 30. The company also booked a 9.4% year-over-year increase in net operating income to $115.1 million.

A solid execution of the Firma integration and the completion of the Paytron acquisition drove the results.

Despite a 1.5% decline in underlying EBITDA to $31.8 million, excluding the Paytron acquisition, it showed a 1.6% growth on a comparable basis.

The B2B segment contributed 66% to the group's revenue, with enterprise revenue growing 46%, while the high-value Consumer segment experienced a 6.5% decline but showed a 7.7% increase compared to the second half of FY23.

OFX anticipates a rebound in the second half of FY24, with net operating income expected to be $225 million to $238 million and underlying EBITDA at $63 million to $70 million.