• Revenue up 13.8% to $15.8m
• Profit Before Tax up 10.7% to $3.7m
• International sales drive growth, particularly in Asia
• New office in India operational, receiving first orders

XRF Scientific Ltd ('XRF' or 'The Company') has provided an update on its March 2026 quarterly financial results (unaudited). The March 2026 quarter was a positive period, with all divisions contributing to the result. International sales were the key growth driver during the quarter, particularly in markets in Asia. The result includes costs related to the setup of the new office in India and other expansion initiatives currently underway. Consumable sales were very robust at $4.8m for the quarter compared to $4.4m in the Previous Corresponding Period (PCP). The company closed the quarter strongly with a record month in March, both for sales dollars and product volumes. As of 31 March 2026, XRF held an unprecedented $1m in additional orders still to be processed. Capital Equipment product sales were strong at $5.4m compared to $4.5m in the PCP, with an increase in activity for Orbis crushers during the quarter, driven by the gold sector. The first next-generation xrFuse 1 and 2 orders were shipped to customers during the quarter, with the new production line now fully operational. Precious metals sales were positive at $5.6m for the quarter compared to $4.9m in the PCP. The company's new office in India became operational during the quarter, with the first customer orders received in March, for invoicing in the June quarter.

During the June 2026 quarter, XRF will continue to focus on growing international sales, new product developments and M&A opportunities.