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Xamble Group Limited (ASX:XGL)

ALERT: Price-sensitive ASX Announcement for XGL
Current share price for XGL : $0.008 -0.005 (-38.46%)+
Announcement
Release
22 Apr 2026 8:58AM
Price at Release
$0.013
Full Release
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Summary
Xamble Group Limited has announced significant developments including major commercial wins and the completion of its acquisition of YouthsToday, marking a pivotal phase in the company's expansion across Southeast Asia. The acquisition, valued at AUD 330,000 for a 55.6% equity stake in YouthsToday, strengthens Xamble's influencer platform by expanding its market reach from three to seven countries and increasing its influencer base significantly. Additionally, Xamble has secured contracts worth approximately AUD 700,000 in the education and automotive sectors, showcasing its growing influence in the region. The integration of YouthsToday into Xamble's platform is underway, promising enhanced services and opportunities for cross-selling between the two entities. These strategic moves, complemented by the utilization of the Malaysian Digital Acceleration Grant, align with Xamble's goal of fortifying its presence in the digital marketing space.
Key Points
  • Completion of YouthsToday acquisition for AUD 330,000.
  • Expansion from three to seven markets across Southeast Asia.
  • Increase of influencer community from 6,931 to 19,233.
  • New contracts in education and automotive sectors valued at AUD 700,000.
  • Integration of YouthsToday's network into Xamble's platform.
  • Utilization of Malaysian Digital Acceleration Grant.
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.