---
title: "OFX: Agreed to a $247m all-cash acquisition at a 108% premium, with strong non-FX revenue growth"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/293533845.md"
description: "Entered into a deed for a 100% cash acquisition at a 108% premium, with a $247m equity value and 9.2x EV/EBITDA multiple. 1Q27 NOI rose 1% sequentially but fell 20% year-over-year, while non-FX revenue surged 195%. Board intends to recommend the deal, pending conditions.Original document: OFX Group Ltd. [OFX] Earnings Release — Jul. 22 2026DisclaimerThis is an AI-generated summary and may contain inaccuracies. Please verify any important information with the original source."
datetime: "2026-07-22T23:46:01.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/293533845.md)
  - [en](https://longbridge.com/en/news/293533845.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/293533845.md)
generator: "portal-rs"
---

# OFX: Agreed to a $247m all-cash acquisition at a 108% premium, with strong non-FX revenue growth

Entered into a deed for a 100% cash acquisition at a 108% premium, with a $247m equity value and 9.2x EV/EBITDA multiple. 1Q27 NOI rose 1% sequentially but fell 20% year-over-year, while non-FX revenue surged 195%. Board intends to recommend the deal, pending conditions.

Original document: OFX Group Ltd. \[OFX\] Earnings Release — Jul. 22 2026

**Disclaimer**

This is an AI-generated summary and may contain inaccuracies. Please verify any important information with the original source.

### Related Stocks

- [OFX.AU](https://longbridge.com/en/quote/OFX.AU.md)

## Related News & Research

- [Earth Science Tech (ETST) Taps into New Verticals with Zoolzy Acquisition](https://longbridge.com/en/news/297674876.md)
- [CRET: Q2 2026 saw higher sales and improved margins, but growth is limited by financing constraints](https://longbridge.com/en/news/297468890.md)
- [ISCA's AI fluency programme draws 15,000 sign-ups in two months](https://longbridge.com/en/news/297458618.md)
- [Baudroie Announces Amendments to Tender Offer Disclosure by BCPE Neon Cayman](https://longbridge.com/en/news/297968896.md)
- [Musinsa to open 400-pyeong standalone Beauty stores in Seoul Hongdae, Seongsu in September and November](https://longbridge.com/en/news/297447894.md)

---
> **Disclaimer: This article is for reference only and does not constitute any investment advice.**