Pexa Group (ASX:PXA) has confirmed expectations of maintaining consistent operating EBITDA margins ranging from 50 to 55% through FY24.

The company also envisions its Pexa Exchange to continue resilient performance into the financial year 2024.

Pexa Group anticipates its Digital Growth Business will reach operating EBITDA break even by June 2024, and has indicated a growing focus on group margin.

The group’s margin currently sits at 35%, and the company expects this to serve as a floor for performance next year.

Despite the challenges presented by market headwinds, the company feels it is well on its way to delivering on its strategy for FY24.

Furthermore, for FY24, Pexa Group plans to manage its investment in emerging businesses to a combined total of A$70 million to A$80 million, which remains in line with FY23 levels.

Pexa Group is a leading provider of property conveyancing technology solutions.