Key highlights

  • Aura reported Q2 2026 pro forma ARR of US$339.7 million and pro forma Revenue of US$85.1 million, each up 27%.
  • Pro forma adjusted EBITDA was a loss of US$12.6 million, a 51% improvement year on year.
  • The company completed the Qoria Acquisition on 17 July 2026 and reaffirmed 2026 outlook for 20%+ ARR growth and positive free cash flow.

On 21 October 2026, Aura Consolidated Group, Inc (ASX:AXQ) shares were higher by 3.25% at $3.50 during the trading session. Benchmarks for the session included the S&P/ASX 200 Info Tech [XIJ] at 1,614.00, lower by 3.38% or 56.50 points, and the S&P/ASX 200 [XJO] at 8,811.10, lower by 0.066% or 5.80 points, at 3:12 pm GMT+11. On Wall Street on Tuesday, the Dow Jones Industrial Average climbed 1.02% to 52,495.88 and the S&P 500 gained 0.28% to 7,712.57, while the Nasdaq Composite fell about 0.02% to 26,424.82, with several large technology shares retreating as investors weighed valuations and upcoming results. Aura is a Boston-based online safety and wellbeing company that listed on the ASX after acquiring Qoria.

What Aura does

Aura Consolidated Group, Inc. provides online safety and wellbeing products for consumers and students. Following its 17 July 2026 acquisition of Qoria Limited, formerly listed on the ASX, it combines its consumer safety products with Qoria’s student safety and wellbeing software for schools. It is headquartered in Boston and began trading on the ASX under the ticker AXQ.

Q2 2026 pro forma results

In an announcement dated 6 August 2026, Aura reported unaudited pro forma results for the merged group because the acquisition closed after the quarter end. Pro forma ARR was US$339.7 million, up 27%, and pro forma GAAP revenue was US$85.1 million, up 27%. Pro forma adjusted EBITDA was a loss of US$12.6 million, an improvement of 51%. Aura’s statutory results reflect the company on a standalone basis.

Acquisition and funding

The Qoria acquisition was completed on 17 July 2026, alongside a US$100 million Equity raise and an upsized US$100 million Debt facility. The company said it is on track for full product integration by Q2 2027 and expects positive free Cash Flow from acquisition close to the end of 2026.

Cost reduction program

Aura is executing ahead of plan on a US$55 million cost-out program outlined in February 2026, with US$27 million of annualised run-rate cost reductions actioned against a US$25 million target. It also reduced Brand and performance Marketing by US$7 million in the first half and plans a further US$28 million reduction in the second half.

Sector context

Technology shares are being assessed against Earnings and valuations. During the session, the S&P/ASX 200 Info Tech index was at 1,614.00, down 3.38%, and the broader S&P/ASX 200 was at 8,811.10. In the United States, the Nasdaq is described as sensitive to corporate earnings and forward guidance and to artificial intelligence infrastructure spending. Subscription consumer software companies are assessed on ARR growth, marketing efficiency and path to free cash flow.

Risks and uncertainties

Adjusted EBITDA remains negative, with a US$12.6 million loss in the quarter, and the pro forma figures combine two companies’ historical results and are unaudited. The path to positive free cash flow relies on cost reductions, including a planned US$28 million cut in marketing, which may affect growth. Integration of products by Q2 2027, new debt, currency and competition in online safety can all affect outcomes.

Catalysts to watch

Items to watch include Q3 2026 results, integration milestones, progress on the cost program, ARR growth against the 20%+ outlook and free cash flow in the second half.

Closing perspective

Aura’s 6 August 2026 release combined higher pro forma ARR and revenue with continued EBITDA losses and an integration timetable running to 2027. Later quarters will provide the first full results of the combined group.