• Revenue down 15% to A$9.2 million, with underlying EBITDA of A$0.2 million
• Weak performance of Nuffnang Taiwan led to revenue and EBITDA decline
• Technology investment increased by 27% to A$0.8 million, supported by MDEC Grant

Xamble Group Limited reported a 15% decline in revenue to A$9.2 million for the full year ended 31 December 2024, with underlying business EBITDA of A$0.2 million. The significant contributor to the decline in both revenue and EBITDA was the weak performance of Nuffnang Taiwan, which ceased operations in Q4 2024 as part of the Group's strategic transformation. After taking into account technology investments, corporate overheads, and listing costs, Group EBITDA deficit widened to A$1.7 million. The Group increased its technology investment by 27% to A$0.8 million in 2024, supported by a A$1.2 million MDEC Grant of which A$0.2 million was received in 2024 and the balance is due to be disbursed in 2025 and 2026. This is in line with the Group's strategic focus to capitalise on the platform as the catalyst for growth and investment in technology. Cost management efforts led to a 12% reduction in business expenses. The SME segment continues its strong organic growth, with a 62% increase in revenue to A$0.6 million and 92k live commerce transactions generating over A$2.9 million in gross merchandise value. Expansion into affiliate marketing for social commerce and Multichannel Networks (MCN) is expected to drive further growth. The Xamble Creators app adoption surged, with 6k downloads (+147%) and Monthly Active Influencers increasing by 134%.