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Aura Consolidated Group, Inc. (ASX:AXQ)

ALERT: Price-sensitive ASX Announcement for AXQ
Current share price for AXQ : $3.380 0.37 (12.29%)+
Announcement
Release
6 Aug 2026 8:21AM
Price at Release
$3.010
Full Release
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Summary
Aura Consolidated Group, Inc. reported strong financial results for Q2 2026, marking its first earnings release following the acquisition of Qoria. With a 27% year-over-year growth in both GAAP revenue and Annualized Recurring Revenue (ARR), the company demonstrated significant improvement in its financial position. Aura achieved $27 million in cost reductions and improved its Adjusted EBITDA loss by 51% compared to the previous year. Post-acquisition, Aura's liquidity stood at $124 million, bolstered by substantial equity and debt raises. The company continues to innovate with new AI capabilities and strengthen its executive team, positioning itself for ongoing growth in the online safety and wellbeing sector.
Key Points
  • Aura executed ahead of plan on a $55 million cost-out program, achieving $27 million in cost reductions so far.
  • The company also reduced brand and performance marketing spend by $7 million in the first half of 2026.
  • Aura's pro forma GAAP revenue for Q2 2026 was $85.1 million, a 27% year-over-year increase.
  • Annualized Recurring Revenue (ARR) was $339.7 million, also a 27% increase year over year.
  • Adjusted EBITDA loss improved by 51% compared to the previous year.
  • The acquisition of Qoria was completed with Aura starting to trade under the ticker 'AXQ'.
  • Total liquidity at the close of the transaction was $124 million, supported by a $100 million equity raise and an upsized $100 million debt facility.
  • New AI-powered capabilities were introduced, and executive leadership was strengthened with new appointments.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.