• PEXA Group jumps to FY26 profit as revenue and EBITDA lift

    Three smiling corporate people examine a model of a new building complex.

    The PEXA Group Ltd (ASX: PXA) share price is in focus after the digital property settlement company posted 7% revenue growth to $406.9 million and a 12% jump in EBITDA for the full year 2026.

    What did PEXA Group report?

    • Group revenue rose 7% to $406.9 million (FY25: $379.5 million)
    • EBITDA increased 12% to $151.7 million, with margins up 1.7 percentage points to 37.3%
    • NPATA climbed 35% to $65.3 million; statutory NPAT from continuing operations improved to $19.2 million from a $65.6 million loss
    • Free cashflow grew 39% to $93.5 million
    • Leverage (Net debt/EBITDA) reduced to 1.0x, down from 1.8x
    • No final dividend declared

    What else do investors need to know?

    PEXA delivered strong growth across both Australian and international operations, although its UK EBITDA remained negative as investment continued. Domestically, PEXA increased its property market coverage to all Australian states and territories, with TAS and NT onboarding during the year.

    The business sharpened its strategic focus by divesting its Digital Solutions arm, strengthening the balance sheet and paying down $92.4 million in net debt. The UK business marked a major milestone by delivering NatWest’s digital remortgage functionality ahead of schedule, alongside steady progress with other lenders and growing transaction volumes.

    What did PEXA Group management say?

    PEXA’s CEO, Russell Cohen, said:

    FY26 was my first full financial year as PEXA’s CEO. It has been a year of intentional change for PEXA, clearing the pathway for more disciplined execution, a sharpened focus, which resulted in a strengthened financial position to enable us to continue investment in the products and services that matter most to our customers.

    What’s next for PEXA Group?

    Looking ahead to FY27, PEXA expects challenging market conditions in Australia to impact property transaction volumes and revenue. The company is focused on strengthening its Australian Exchange, growing compliance services via PEXA Clear, piloting a capital-light model in New Zealand, and accelerating platform adoption in the UK with plans to launch Sale and Purchase for NatWest.

    PEXA continues to engage with regulators over proposed changes to fee settings, advocating for outcomes that balance consumer value with ongoing investment in digital property infrastructure. Management guidance points to group revenue between $385 million and $415 million and NPAT of $5–20 million for FY27.

    PEXA Group share price snapshot

    The PEXA Group share price has been among the worst performers on the S&P/ASX 200 index (ASX: XJO) over the past 12 months with a decline of around 50%.

    View Original Announcement

    The post PEXA Group jumps to FY26 profit as revenue and EBITDA lift appeared first on The Motley Fool Australia.

    Should you invest $1,000 in PEXA Group right now?

    Before you buy PEXA Group shares, consider this:

    Motley Fool investing expert Scott Phillips just revealed what he believes are the 5 best stocks for investors to buy right now… and PEXA Group wasn’t one of them.

    The online investing service he’s run for over a decade, Motley Fool Share Advisor, has provided thousands of paying members with stock picks that have doubled, tripled or even more.*

    And right now, Scott thinks there are 5 stocks that may be better buys…

    * Returns as of 1 August 2026

    .custom-cta-button p {
    margin-bottom: 0 !important;
    }

    More reading

    Motley Fool contributor James Mickleboro has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips. This article was prepared with the assistance of Large Language Model (LLM) tools for the initial summary of the company announcement. Any content assisted by AI is subject to our robust human-in-the-loop quality control framework, involving thorough review, substantial editing, and fact-checking by our experienced writers and editors holding appropriate credentials. The Motley Fool Australia stands behind the work of our editorial team and takes ultimate responsibility for the content published by The Motley Fool Australia.

  • Buy, hold, sell: Domino’s, Flight Centre, and WiseTech shares

    Buy and sell signs amidst blue and red backgrounds.

    Are you hunting for new ASX shares to buy for your portfolio?

    If you are, then it could be worth hearing what analysts at Morgans are saying about the three listed below.

    Is the broker bullish or bearish on them? Let’s find out.

    Domino’s Pizza Enterprises Ltd (ASX: DMP)

    This pizza chain operator delivered an underlying profit that was ahead of expectations in FY 2026.

    However, Morgans believes the earnings beat was low quality and driven by lower net interest expense and depreciation and amortisation. 

    As a result, the broker has retained its hold rating on Domino’s shares with a $20.00 price target. It said:

    Underlying NPAT of A$121.6m (+4.0% on the pcp) beat MorgansF A$117.8m and Visible Alpha A$119.4m and finished at the top end of pre-released guidance, but the beat was low quality, with EBIT up 1.0% to A$200.1m and carried by lower D&A (-15.7% on the pcp) and net interest expense. The balance sheet is strong, with net leverage down to 1.86x, free cash flow of A$164.1m and a 32.5cps final dividend (+51.2%) with a 50% payout ratio.

    FY27 started soft with -5.8% same-store sales (SSS) for the first 8 weeks. We maintain HOLD and lift our price target to A$20.00 (from A$17.60); we view the reset as necessary, but the recovery is cost led and volume growth needs to return.

    Flight Centre Travel Group Ltd (ASX: FLT)

    Morgans was disappointed with this travel agent giant’s FY 2026 results, highlighting that its profits were at the lower end of its guidance range and its guidance was underwhelming.

    Nevertheless, due to its cheap valuation, the broker has retained its buy rating with a $14.25 price target. It commented:

    FLT’s FY26 result came in at the lower end of guidance which is disappointing given its 18 June trading update. Leisure was the key miss for us. Corporate had a strong year (+28% NPBT growth), while Leisure was weak (NPBT -22%) given the Middle East conflict. Outlook comments disappointed with Corporate expected to have a weak 1H27, followed by growth in the 2H27. Pleasingly, Leisure is off to a strong start. 

    With one-off costs associated with Productive Operations and World360 Rewards now being placed above the line, we have made minor downgrades to our forecasts. While investors will need to be patient for another six months, FLT’s fundamentals remain attractive (FY27F PE of 11.6x) and we retain a Buy rating with a new A$14.25 price target. When operating conditions ultimately improve, both its earnings and share price will be materially higher.

    WiseTech Global Ltd (ASX: WTC)

    This logistics technology company delivered a result that was largely in line with expectations in FY 2026.

    In response, the broker has retained its buy rating on WiseTech shares with a price target of $62.50. It said:

    WTC’s FY26 result was largely in line with Morgans forecasts (MorgansF), with FY26 revenue of US$1,396m and EBITDA of US$558m coming in towards the lower end of its initial FY26 guidance range. While CargoWise revenue growth of +11% was softer than expected, WTC delivered annualised run-rate savings of ~US$115m in FY26, supporting further margin expansion into FY27. 

    FY27 guidance will see revenue growth 2H-weighted, reflecting the timing of growth initiatives, while Underlying EBITDA guidance of US$725-780m implies EBITDA margins tracking back towards 49-51%. Our Underlying EBITDA forecasts are revised by +3%/-2% in FY27-FY28F and we retain our BUY rating with a price target of A$62.50ps (previously A$67.00ps).

    The post Buy, hold, sell: Domino’s, Flight Centre, and WiseTech shares appeared first on The Motley Fool Australia.

    Should you invest $1,000 in Domino’s Pizza Enterprises right now?

    Before you buy Domino’s Pizza Enterprises shares, consider this:

    Motley Fool investing expert Scott Phillips just revealed what he believes are the 5 best stocks for investors to buy right now… and Domino’s Pizza Enterprises wasn’t one of them.

    The online investing service he’s run for over a decade, Motley Fool Share Advisor, has provided thousands of paying members with stock picks that have doubled, tripled or even more.*

    And right now, Scott thinks there are 5 stocks that may be better buys…

    * Returns as of 1 August 2026

    .custom-cta-button p {
    margin-bottom: 0 !important;
    }

    More reading

    Motley Fool contributor James Mickleboro has positions in Domino’s Pizza Enterprises and WiseTech Global. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has positions in and has recommended Domino’s Pizza Enterprises and WiseTech Global. The Motley Fool Australia has positions in and has recommended WiseTech Global. The Motley Fool Australia has recommended Domino’s Pizza Enterprises and Flight Centre Travel Group. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

  • 2 ASX dividend shares I’d buy right now for passive income

    Stacks of Australian dollar currency banknotes.

    When it comes to earning a passive income, ASX dividend shares are at the top of my list.

    There are plenty of options available, too. From major Australian blue-chip companies, to defensive stocks, real estate investment trusts (REITs) and energy infrastructure or utility operators, many ASX-listed companies have a long history of paying their shareholders a regular and reliable dividend payment.

    Here are two ASX dividend shares I’d buy right now, both of which I believe are positioned to pay attractive passive income for years.

    Origin Energy Ltd (ASX: ORG)

    Origin is an ASX dividend share favourite of mine.

    The leading ASX energy company provides Australian homes and businesses with electricity, natural gas, solar and LPG. 

    Given energy is an essential service, the stock is classically defensive. This means its shares are generally resilient to sharemarket volatility, global uncertainty and fluctuating sentiment. After all, people won’t stop powering their homes and businesses because the purse strings have tightened.

    Origin’s assets operate under long-term contracts, often with rising income, which gives it another defensive quality.

    Its defensive nature makes the company’s shares a great option for passive income, as they can generate substantial cash flows even when energy prices are elevated. 

    And this directly benefits its shareholders. 

    Origin has historically paid its shareholders every six months, consisting of an interim dividend in March and a final dividend in September.

    In the first half of FY26, Origin Energy paid its investors 30 cents per share, fully franked. 

    Brokers forecast that the energy business will increase its annual payout to 61 cents in FY26, translating to a forward yield of around 5.05%, including franking credits, at the time of writing.

    Betashares Australian Dividend Harvester Fund (ASX: HVST)

    The Betshares HVST is another ASX dividend share to consider. HVST is an ASX-listed exchange-traded fund (ETF) that invests in 40 to 60 dividend-paying companies. These are selected from the top 100 largest ASX-listed companies based on their dividend forecasts, franking credits, and expected future gross dividend payments.

    The ETF does not track an index; instead, it targets exposure to high-dividend stocks.

    The fund is structured to own a dividend-paying share until it trades ex-dividend. At this point, the fund sells the shares and reinvests the proceeds into its next opportunity.

    YMAX is mostly weighted into the financial sector, which accounts for 26.9% of its allocation at the time of writing. The materials sector is second, accounting for 10.1% of its allocation.

    The fund also invests into diversified metals & mining, consumer discretionary, energy, industrials, real estate, communications, and healthcare sectors. 

    HVST ETF pays investors a regular, franked dividend income that is significantly higher than the annual income yield of the broader ASX. 

    As of the 31st of July, its 12-month gross distribution (dividend) yield is 7.1%, and the net yield is 5.6%. The franking level is 63.3%. The fund’s annual management fee and costs are 0.72%.

    The fund paid out $0.06 per share to investors earlier this month. In fact, the fund has paid around $0.06 per share each month since January 2024.

    The post 2 ASX dividend shares I’d buy right now for passive income appeared first on The Motley Fool Australia.

    Should you invest $1,000 in Betashares Australian Dividend Harvester Fund right now?

    Before you buy Betashares Australian Dividend Harvester Fund shares, consider this:

    Motley Fool investing expert Scott Phillips just revealed what he believes are the 5 best stocks for investors to buy right now… and Betashares Australian Dividend Harvester Fund wasn’t one of them.

    The online investing service he’s run for over a decade, Motley Fool Share Advisor, has provided thousands of paying members with stock picks that have doubled, tripled or even more.*

    And right now, Scott thinks there are 5 stocks that may be better buys…

    * Returns as of 1 August 2026

    .custom-cta-button p {
    margin-bottom: 0 !important;
    }

    More reading

    Motley Fool contributor Samantha Menzies has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.