Key Highlights

• Q3 pro forma GAAP Revenue grew 24% year-over-year to US$87.9 million, with exit ARR of US$357.4 million, up 25%

• Pro forma underlying free Cash Flow improved US$5.6 million year-over-year to US$3.3 million, with net-debt reduced to US$2.6 million

• The company reaffirmed CY2026 outlook for 20%+ ARR growth and positive free cash flow from transaction close to year-end

Shares of Aura Consolidated Group, Inc (ASX:AXQ), a global provider of online safety and digital wellbeing solutions, were trading at AUD$3.46 during the session on 05 November 2026, up 5.17%. The broader S&P/ASX 200 index (XJO) advanced 2.61%, adding 230.60 points to reach 9,065.10, while the S&P/ASX 200 Information Technology index (XIJ) jumped 10.09%, gaining 164.80 points to 1,797.60. Australian equities were buoyed by overnight Wall Street gains after Democrats posted a decisive victory in the U.S. midterm elections, providing a tailwind for global Equity markets. Aura, which commenced trading on the ASX under the code AXQ on 20 July 2026 following its Acquisition of Qoria Limited, positions itself as an AI-powered platform for Identity Theft protection, financial Fraud prevention, and child safety online.

First Quarterly Report Post-Qoria Acquisition

On 30 October 2026, Aura Consolidated Group (ASX:AXQ) released its Quarterly Activities Report and Appendix 4C for the quarter ended 30 September 2026, marking its first report since completing the Qoria acquisition by way of Scheme of Arrangement on 17 July 2026. The company raised US$100.0 million alongside the transaction.

On a pro forma basis, Q3 GAAP revenue grew 24% year-over-year to US$87.9 million. The company exited the quarter with approximately US$357.4 million in annual recurring revenue, a 25% increase year-over-year. Pro forma underlying free cash flow improved US$5.6 million year-over-year to US$3.3 million, while net-debt closed at US$2.6 million, a US$7.3 million improvement since acquisition completion. From the transaction close through to quarter-end, underlying free cash flow was US$4.6 million.

Liquidity and Use of Funds

Total Liquidity at 30 September 2026 stood at US$128.3 million, comprising US$51.7 million in cash and cash equivalents and US$76.6 million in available revolving Credit facilities. Net cash used in Operating Activities totalled US$9.7 million for the quarter.

The company disclosed that repayment of the Ashgrove Facility ran US$5.7 million over the original Scheme Booklet estimate, reflecting unanticipated additional accrued interest and fees at payoff. Transaction Costs came in modestly under the estimate for the quarter, while Working Capital movement also tracked below the estimate. The company noted that actual expenditure represents only a 75-day period from scheme implementation to quarter-end, compared to the total forecasted use of funds in the Scheme Booklet.

Company Overview and Platform

Aura describes itself as a global leader in online safety and wellbeing. Its AI-powered platform delivers protection for individuals, families, and enterprises, spanning identity theft prevention, financial fraud detection, and tools for schools and parents to protect children from cyberbullying and harmful content. Following the Qoria acquisition, the company's platform now spans home, school, and work environments. Founder and CEO Hari Ravichandran described the quarter as a critical first step in executing against the company's expanded long-term vision.

Sector Context

The Australian technology sector experienced an outsized rally on 05 November 2026, with the S&P/ASX 200 Info Tech index surging over 10% in a single session. The gains came amid a global risk-on environment driven by the U.S. midterm election results and positive overnight performance on Wall Street. Aura's 5.17% gain on the day placed it in line with broader technology sector sentiment.

Risks to Consider

Key risks for Aura include integration challenges from the Qoria acquisition, including the multi-quarter roadmap to merge two businesses and achieve operational efficiency. Significant transaction costs were incurred during the quarter, and further integration-related expenditure may follow. The company's US$9.7 million net operating cash outflow during the quarter highlights the cash consumption risk during the integration phase. Competition in the online safety and Cybersecurity market from larger, well-capitalised players remains an ongoing challenge.

Catalysts on Watch

Investors may be watching for the Q3 2026 financial results release scheduled for 12 November 2026, which will provide a more detailed view of the company's financial performance. Progress on integration milestones and any acceleration of cross-selling between the legacy Aura and Qoria customer bases could be material. The company's ability to sustain 20%+ ARR growth and maintain positive free cash flow through year-end will be a key metric to track.

The Road Ahead

Aura Consolidated Group's first quarterly report as a combined entity shows revenue momentum and improving free cash flow dynamics, though the integration remains in its early stages. With a Q3 Earnings release approaching and the CY2026 outlook reaffirmed, the coming months will provide a clearer picture of whether the Qoria acquisition is delivering against the company's expanded growth ambitions.