Aura Completes Acquisition of Qoria, Begins Normal Trading on ASX
Key points
- Aura completed acquisition of Qoria, a global leader in student safety and wellbeing
- Combined group will begin normal trading on ASX on July 20
- Acquisition expected to generate over US$300 million in annual recurring revenue
Full summary
Aura Consolidated Group, Inc. has finalized its acquisition of Qoria Limited, a global leader in student safety and wellbeing. The combined group, now a significant player in the digital safety market, will begin trading on the Australian Securities Exchange (ASX) on July 20. This merger integrates Aura's AI-powered online safety tools with Qoria's global connected schools ecosystem. The acquisition is expected to generate more than US$300 million in annual recurring revenue for the year ended December 31, 2025, with a target of more than 20 percent growth in calendar year 2026 and positive free cash flow from closing to December 31, 2026.
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