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Xamble Group Limited (ASX:XGL)

ALERT: Price-sensitive ASX Announcement for XGL
Current share price for XGL : $0.008 0 (0%)+
Announcement
Release
29 Jul 2026 1:04PM
Price at Release
$0.008
Full Release
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Summary
Xamble Group Limited reported a revenue increase of 34% to A$2.00 million for Q2 2026, marking their best quarterly performance since the 2025 turnaround plan. Significant improvements were noted in EBITDA, which swung to a profit of A$0.24 million from a previous deficit. The company successfully secured new contracts across various sectors and continues to integrate YouthsToday, anticipated to yield substantial annual savings. Xamble strengthened its financial footing with a placement in May 2026, and platform activity surged, indicating robust demand. Operating cash outflows are expected to decrease with incoming revenues from new contracts and efficiencies from ongoing integrations.
Key Points
  • Revenue increased by 34% to A$2.00 million in Q2 2026.
  • Underlying business EBITDA turned to a profit of A$0.24 million.
  • Consolidated cash and cash equivalents at the end of the quarter was A$1.05 million.
  • Three new commercial contracts were won, expected to contribute A$1.17 million in revenue.
  • The YouthsToday integration is progressing, expected to save A$700,000 annually.
  • A placement in May 2026 raised A$0.67 million, enhancing the financial position.
  • Platform transactions increased by 528% year-on-year to 160,196.
  • Operating cash outflows are expected to decrease in the coming quarters.
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.