Full Year 2023 OFX Group Ltd Earnings Call Transcript
Thank you, Darcy, and thank you, everyone, for joining the call. As Darcy mentioned, I'm joined by Selena Verth, our Chief Financial Officer; and Matt Gregorowski, who leads our Investor Relations program with Citadel-MAGNUS. Selena and I will take you through the pages and then there will be time for Q&A.
And this year, we'll cover 4 things. The full year results, what it is and what drove it, our financials in more detail, our strategy, including our investment in Paytron and announcing a share buyback and our fiscal year '24 outlook as well as the Q&A.
Let's move to Slide 4 in the pack. And fiscal year '23 was another record year with turnover of $39.1 billion, driving net operating income, or NOI, $214.1 million, and underlying EBITDA of $62.4 million. These metrics represent the biggest NOI we've ever produced, up 45.6% on prior corresponding period and the biggest underlying EBITDA we have ever produced, up 40.3% versus prior corresponding period whilst generating the strongest net available cash
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