PEXA Group

ASX:PXAVerified
Technology900 employees
Offshoring Summary
Figures reported in public sources at the dates shown. Current numbers may differ.

Reported Offshore Headcount

165+

reported 30 Jun 2025 โ€” PEXA Group Modern Slavery Statement 2025

Estimated % of Workforce

~18.3%

illustrative โ€” not directly reported by the company

Destination Countries

๐Ÿ‡ฎ๐Ÿ‡ณ India๐Ÿ‡ต๐Ÿ‡ญ Philippines

Financial Context

Market Cap

$3.2B

Revenue

$380M

Net Profit

$80M

Estimated Wage Differential

~$14M/yr

CEO

Russell Cohen

CEO Total Pay

$3,100,000

CEO earns

28x the average Australian worker

avg Australian salary $110K+/yr

Illustrative wage differential: if the 165+ reported offshore roles were instead employed in Australia at average local rates, the additional cost could be in the order of ~$14M/yr (~17.5% of reported net profit). This is an estimate based on industry averages, not company-specific data.

Would this company be profitable without offshoring?

Financial data: FY2024. Estimate uses avg AU cost of $110,000+/yr (salary only, excluding super, office, recruitment) vs offshore $25,000/yr (salary + on-costs). Actual figures vary by role, seniority, and location.

In Plain English

  • In 2025, PEXA Group was reported to have 165+ offshore contractors and staff.
  • This represents ~18.3% when compared to its current workforce of 900 (illustrative comparison only โ€” not directly reported by the company).
  • ๐Ÿ‡ฎ๐Ÿ‡ณ 105+ staff reported in India in IT.
  • ๐Ÿ‡ต๐Ÿ‡ญ 60+ staff reported in Philippines in IT.
  • Known outsourcing partners include Accenture, Thoughtworks.

Based on data from public sources at the dates reported. Figures may not reflect current headcount. See sources below for full attribution.

The Story

  • 2025PEXA Group employed approximately 900 individuals across Australia and the UK and engaged almost 300 consultants and contractors. [Modern Slavery Statement]
  • 2025PEXA's contractor workforce is "primarily located in Manila, Philippines, and various locations in India" and consists of "skilled professionals that provide services through established partnerships with global technology professional services firms." [Modern Slavery Statement]
  • 2025PEXA's workforce breakdown: Australia 587, India 105, Philippines 60, United Kingdom 478. Total 1,230. [Modern Slavery Statement]

All facts sourced from public reporting. No editorial commentary. Click source links to verify.

Department Breakdown

DepartmentCountryHeadcountConfidence
IT๐Ÿ‡ฎ๐Ÿ‡ณ India105Confirmed
IT๐Ÿ‡ต๐Ÿ‡ญ Philippines60Confirmed

Consultancy Engagements

VendorTypeContract ValueStatus
AccentureManaged Servicesโ€”Confirmed
ThoughtworksManaged Servicesโ€”Confirmed

Technology Peers

How PEXA Group's known offshore percentage (18.3%+) compares to reviewed technology peers.

CompanyASXKnown Offshore*Offshore Destinations
Block IncXYZNone found-
CAR GroupCARNone found-
Catapult SportsCATNone found-
CodanCDANone found-
Culture AmpNone found-

What Public Sources Say

All information below is sourced from publicly available documents and reporting. Excerpts are direct quotes. Click source links to verify.

Modern Slavery Statement
PEXA Group Modern Slavery Statement 2025
โ€œComposition and location of our global workforce: Australia 587, India 105, Philippines 60, United Kingdom 478, Total 1,230.โ€