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xReality Group Ltd (ASX:XRG)

ALERT: Price-sensitive ASX Announcement for XRG
Current share price for XRG : $0.070 0.019 (37.25%)+
Announcement
Release
26 Feb 2026 8:33AM
Price at Release
$0.051
Full Release
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Summary
xReality Group Ltd (XRG) presented its half-year results for FY26, highlighting a record performance driven by the growth of its flagship product, Operator XR. The company reported a total revenue increase to $10.4 million, up 41% year-over-year, with a net profit after tax (NPAT) of $0.7 million, marking an improvement of $1.7 million from the previous period. The Operator XR division, focused on immersive training for defense and law enforcement, has been growing rapidly, outpacing the legacy entertainment segment. Key financial metrics include an EBITDA of $2.6 million, an annual recurring revenue of $6.2 million, and a sales pipeline valued at $63 million. The company is expanding its geographical footprint in the U.S. and other global markets, with new sales and customer acquisition strategies, and has launched a Counter-Drone capability to enhance its product offerings. XRG is also in a strategic transition, focusing on Operator XR as its core growth engine while exiting its legacy VR entertainment operations.
Key Points
  • Record half-year performance driven by Operator XR product.
  • Total revenue for H1 FY26 increased to $10.4 million, up 41% year-over-year.
  • Net profit after tax of $0.7 million, an improvement of $1.7 million from previous period.
  • EBITDA increased to $2.6 million, up 190% from year-over-year.
  • Annual recurring revenue from Operator XR grew to $6.2 million.
  • Sales pipeline increased to $63 million, up 107% year-to-date.
  • Expansion into U.S. and other high-growth global markets.
  • Launch of Counter-Drone capability to enhance product offerings.
  • Strategic focus on Operator XR as core growth engine.
  • Exit from legacy VR entertainment operations almost complete.
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.