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Xamble Group Limited (ASX:XGL)

ALERT: Price-sensitive ASX Announcement for XGL
Current share price for XGL : $0.009 -0.004 (-30.77%)+
Announcement
Release
28 Apr 2026 9:34AM
Price at Release
$0.013
Full Release
download
Summary
Xamble Group Limited reported a marginal decline in revenue to A$1.64 million for Q1 CY2026, with an underlying business EBITDA loss of A$0.17 million due to increased operating costs ahead of integrating YouthsToday. The company secured an A$306,000 grant from the Malaysian Digital Acceleration Grant, which aided technology investments. Despite operating cash flow being nearly neutral at a A$12,000 outflow, Xamble secured three new commercial contracts totaling A$1.17 million across various sectors. The acquisition of 55.6% of YouthsToday is expected to expand its influencer community significantly. Adrian Tan is set to take over as interim CEO to oversee the integration and enhance AI deployment. The company maintains a stable liquidity position with cash reserves and an undrawn credit facility.
Key Points
  • Group revenue was A$1.64 million in Q1 CY2026, a decrease of 1% compared to the previous year.
  • Underlying business EBITDA loss was A$0.17 million, reflecting higher operating costs.
  • The Group received an A$306,000 drawdown from the Malaysian Digital Acceleration Grant.
  • Cash flow from operating activities was almost neutral with a slight outflow of A$12,000.
  • Three new commercial contracts in technology, education, and automotive sectors valued at A$1.17 million.
  • Completion of 55.6% acquisition of YouthsToday, expanding influencer community.
  • Adrian Tan appointed as Interim CEO to lead integration and AI transformation.
  • Stable cash and cash equivalents at A$946,000 with additional credit facility available.
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.