highlights:

  • Aura reported pro forma ARR and revenue growth of 27% year over year for Q2 2026.
  • The company completed the acquisition of Qoria and began trading on the ASX under the AXQ ticker.
  • Pro forma Adjusted EBITDA loss improved by 51% year over year during the quarter.
  • Aura reaffirmed its calendar year 2026 outlook for ARR growth above 20% and positive free cash flow.

Aura Consolidated Group Inc (ASX:AXQ) shares were trading at A$3.14, up A$0.13 or 4.32% at 11:22 am on 6 August 2026. The company reported its second quarter 2026 financial results following the completion of its acquisition of Qoria Limited, a global provider of student safety and wellbeing technology. The results included pro forma financial information for the combined business, showing annual recurring revenue (ARR) of approximately US$339.7 million and year-over-year growth across key operating measures.

Q2 2026 Results Reflect Combined Business Performance

Aura’s second quarter results represent the company’s first earnings announcement following the completion of the Qoria acquisition on 17 July 2026. As the transaction closed after the end of the reporting period, statutory financial statements reflected Aura on a standalone basis, while pro forma results combined historical financial information from both businesses.

On a pro forma basis, GAAP revenue reached US$85.1 million for the quarter, representing a 27% increase compared with the prior corresponding period. Annual recurring revenue also increased 27% year over year to US$339.7 million.

The company reported a pro forma Adjusted EBITDA loss of US$12.6 million, representing a 51% improvement compared with the prior year period.

Qoria Acquisition Expands Online Safety Platform

The acquisition of Qoria represents a significant strategic development for Aura as it combines two businesses focused on digital safety and wellbeing solutions.

Following completion of the transaction, Aura commenced unrestricted trading on the ASX under the ticker AXQ on 20 July 2026. The company stated that the combined platform is intended to serve individuals, families, schools and enterprises through technology designed to address online threats, identity protection, cyberbullying and digital wellbeing requirements.

Aura continues to progress its integration roadmap and expects full product integration between the two businesses by the second quarter of 2027.

Cost Reduction Program Progresses Ahead of Targets

Aura reported progress on its previously announced cost-out program. The company has actioned US$27 million in annualised direct and operating cost reductions to date, exceeding its initial target of US$25 million.

The company also reduced brand and performance marketing expenditure by US$7 million during the first half of 2026, with additional reductions planned for the second half of the year.

Aura stated that these initiatives, together with operating efficiencies and revenue growth, support its objective of achieving positive free cash flow during 2026 following completion of the Qoria transaction.

Capital Position Following Transaction Completion

At transaction close on 17 July 2026, Aura reported total liquidity of US$124 million. The liquidity position included a US$100 million equity raising and an increased US$100 million debt facility completed in connection with the acquisition.

The company stated that the capital position provides financial flexibility as it executes its integration plans and continues investment in its technology platform.

Product Development and Business Expansion Initiatives

During the quarter, Aura launched Aura Business, an enterprise security solution designed to address identity-based security risks for managed service providers and small and medium-sized businesses.

The company also introduced additional artificial intelligence capabilities, including continued development of Aura Intelligence and a self-harm detection model focused on child wellbeing support.

Aura expanded its leadership team during the period with appointments across marketing, product and artificial intelligence functions.

Conclusion

Aura Consolidated Group’s second quarter 2026 results provide an initial view of the combined business following the Qoria acquisition. The company reported growth in ARR and revenue, progress on cost reduction initiatives and an expanded capital position while continuing integration activities across its online safety and wellbeing platform.