Key points
- Acquisition of Qoria completed and trading commenced on July 20
- Q2'26 pro forma revenue up 27% YoY
- Cost savings ahead of plan with $9.0M annualized savings
- Adjusted EBITDA loss narrowed by $12.9M YoY
- On track to achieve 2026 ARR growth target and FCF guidance
Full summary
Aura Consolidated Group, Inc. has reported its Q2'26 earnings, highlighting a 27% year-over-year increase in pro forma revenue. The company has successfully completed the acquisition of Qoria and commenced trading on the ASX as AXQ. Key highlights include a 27% YoY increase in pro forma revenue, cost savings ahead of plan with $9.0 million in annualized savings, a narrowed Adjusted EBITDA loss by $12.9 million year over year, and progress towards achieving the 2026 ARR growth target and Free Cash Flow guidance. The company is also on track to achieve its 2026 total cost savings target of $55 million.
Guidance
FY'26 ARR growth target, $55M cost savings target, $15.3M Adjusted Free Cash Flow
Outlook
Aura is on track to achieve its 2026 ARR growth target and Free Cash Flow guidance. The company expects ongoing platform enhancements and new product launches to drive future growth.