OverviewSuggest Edit

OFX (formerly known as OzForex) is a company that provides online international payment services for personal and business customers. It is also integrated with cloud accounting software providers Xero and Saasu and enables users to pay foreign currency invoices.

TypePublic
Founded1998
HQSan Francisco, CA, US
Websiteofx.com
Employee Ratings3.8
Overall CultureC+

Latest Updates

Employees (est.) (May 2020)400(+12%)
Job Openings42
Revenue (FY, 2018)£8 M(+10%)
Share Price (Sept 2021)$1.7(+3%)
Cybersecurity ratingAMore

Key People/Management at OFX

Selena Verth

Selena Verth

Chief Financial Officer
Mark Shaw

Mark Shaw

Chief Operating Officer
Grant Murdoch

Grant Murdoch

Non-Executive Director and Chair of the Audit Committee
Adam Thomas

Adam Thomas

Chief Technology Officer
Douglas Snedden

Douglas Snedden

Non-Executive Director and Chair of the Remuneration Committee
Elaine Herlihy

Elaine Herlihy

Chief Marketing and Product Officer
Show more

OFX Office Locations

OFX has offices in San Francisco, Sydney, Toronto, Dublin and in 2 other locations
San Francisco, CA, US (HQ)
49 Stevenson St 13th floor, San Francisco
Sydney, AU
1 Gresham St
Sydney, AU
60 Margaret St
Toronto, CA
145 King St W
Dublin, IE
Block C, 77 Sir John Rogerson's Quay
Auckland, NZ
188 Quay Street
Show all (9)

OFX Financials and Metrics

OFX Revenue

OFX's revenue was reported to be £8 m in FY, 2018
GBP

Revenue (FY, 2018)

8.0m

Net income (FY, 2018)

880.0k

Market capitalization (8-Sept-2021)

420.7m

Closing stock price (8-Sept-2021)

1.7

Cash (31-Mar-2018)

10.9m
OFX's current market capitalization is $420.7 m.
GBPFY, 2004FY, 2005FY, 2006FY, 2007FY, 2008FY, 2009FY, 2010FY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Revenue

5.0k22.0k143.9k551.9k538.6k1.6m1.4m2.0m2.7m3.8m6.0m7.2m6.6m7.3m8.0m

Revenue growth, %

56%20%(7%)

Cost of goods sold

23.4k

Gross profit

120.5k
GBPFY, 2004FY, 2005FY, 2006FY, 2007FY, 2008FY, 2009FY, 2010FY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Cash

252.3k926.6k1.4m3.5m1.3m865.9k1.4m9.5m4.7m6.0m6.3m6.5m6.6m9.1m10.9m

Current Assets

252.3k926.6k1.4m3.6m1.3m4.0m4.9m9.6m6.2m8.6m13.4m12.4m9.7m13.2m17.8m

PP&E

4.9k8.2k10.2k115.5k64.7k26.7k33.5k48.5k134.9k114.8k105.5k79.8k41.8k

Total Assets

252.3k926.6k1.4m3.6m1.3m4.1m4.9m9.6m6.2m8.6m13.6m12.5m9.8m13.3m17.8m
GBPFY, 2004FY, 2005FY, 2006FY, 2007FY, 2008FY, 2009FY, 2010FY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Net Income

3.4k4.6k(62.1k)34.3k41.2k161.0k144.5k171.2k260.6k377.7k598.6k744.1k682.6k762.0k880.0k

Cash From Operating Activities

120.2k(188.9k)3.3m798.2k1.9m372.2k1.2m

Dividends Paid

970.0k723.0k688.0k

Cash From Financing Activities

1.1m(2.0m)(578.3k)6.1k3.0m
GBPFY, 2004

Financial Leverage

75.2 x
Show all financial metrics

OFX Cybersecurity Score

Cybersecurity ratingPremium dataset

A

93/100

SecurityScorecard logo

OFX Online and Social Media Presence

Embed Graph

OFX Company Culture

  • Overall Culture

    C+

    68/100

  • CEO Rating

    B

    70/100

  • Compensation

    D+

    60/100

Learn more on Comparably

OFX News and Updates

OFX Group rolls out multi-currency account for businesses

OFX Group Limited (ASX: OFX), one of the world's leading international payments providers, today introduced a multi-currency account for businesses to help them manage international cash flow.

OFX joins Financial Data Exchange

In an important step toward establishing a single interoperable industry standard for financial data...

OFX appoints Sarah Webb president, UK and Europe

International payments company OFX today announced the appointment of Sarah Webb as President, UK an...

OFX Global Currency Account now available for e-commerce marketplace sellers in the UK

Foreign currency exchange company OFX, now an approved eMoney institution, today launches its OFX Gl...

Sterling slumps after Michel Barnier says Brexit transition "not a given"

Sterling hit its lowest point against the US dollar since mid-January this afternoon after the EU's chief Brexit negotiator, Michel Barnier, said a transition deal is not yet guaranteed. The pound briefly dipped below the $1.38 mark in afternoon trading before recovering slightly, although it rem…

OFX Frequently Asked Questions

  • When was OFX founded?

    OFX was founded in 1998.

  • Who are OFX key executives?

    OFX's key executives are Selena Verth, Mark Shaw and Grant Murdoch.

  • How many employees does OFX have?

    OFX has 400 employees.

  • What is OFX revenue?

    Latest OFX annual revenue is £8 m.

  • What is OFX revenue per employee?

    Latest OFX revenue per employee is £20 k.

  • Who are OFX competitors?

    Competitors of OFX include AvidXchange, Monext and Nium.

  • Where is OFX headquarters?

    OFX headquarters is located at 49 Stevenson St 13th floor, San Francisco, San Francisco.

  • Where are OFX offices?

    OFX has offices in San Francisco, Sydney, Toronto, Dublin and in 2 other locations.

  • How many offices does OFX have?

    OFX has 9 offices.