PEXA Group
ASX:PXAVerifiedEstimated % of Workforce
~18.3%
illustrative โ not directly reported by the company
Destination Countries
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).
- ๐ฎ๐ณ 105+ staff reported in India in IT.
- ๐ต๐ญ 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
| Department | Country | Headcount | Confidence |
|---|---|---|---|
| IT | ๐ฎ๐ณ India | 105 | Confirmed |
| IT | ๐ต๐ญ Philippines | 60 | Confirmed |
Consultancy Engagements
| Vendor | Type | Contract Value | Status |
|---|---|---|---|
| Accenture | Managed Services | โ | Confirmed |
| Thoughtworks | Managed Services | โ | Confirmed |
Technology Peers
How PEXA Group's known offshore percentage (18.3%+) compares to reviewed technology peers.
| Company | ASX | Known Offshore* | Offshore Destinations |
|---|---|---|---|
| Block Inc | XYZ | None found | - |
| CAR Group | CAR | None found | - |
| Catapult Sports | CAT | None found | - |
| Codan | CDA | None found | - |
| Culture Amp | None 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.
โComposition and location of our global workforce: Australia 587, India 105, Philippines 60, United Kingdom 478, Total 1,230.โ