20260326 Merger Update and Aura Business Overview

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Stock QORIA Ltd (QOR.ASX)
Release Time 26 Mar 2026, 8:23 a.m.
Price Sensitive Yes
 Qoria and Aura Announce Merger Update and Aura Business Overview
Key Points
  • Aura's annual recurring revenue of US$238 million, reflecting +30% year-over-year growth
  • Aura's total subscribers of 1.3 million, up +35% year-over-year
  • Aura's direct-to-consumer customer acquisition cost improved by 13% year-over-year
Full Summary

Qoria Limited (ASX: QOR) has provided an update on the proposed acquisition of Qoria by Aura Consolidated Group Inc. (Aura). Key highlights from Aura's operational and financial performance for the two months ended 28 February 2026 include: annual recurring revenue of US$238 million, reflecting +30% year-over-year growth; total subscribers of 1.3 million, up +35% year-over-year; direct-to-consumer customer acquisition cost of US$171, a 13% year-over-year improvement; and direct-to-consumer average order value of US$129, a 10% year-over-year improvement. Aura has also implemented a plan to reduce performance marketing spend and actioned approximately US$15 million of annualised savings. The Qoria Board of Directors continues to unanimously recommend the Scheme, subject to there being no Superior Proposal and the Independent Expert concluding that the Scheme is in the best interests of Qoria shareholders.