XRF Scientific Ltd Reports Strong Q2 Financial Results
Key points
- Revenue increased by 38% to $21.1m
- Profit Before Tax rose by 30% to $4.4m
- Consumable and capital equipment sales were strong
- New office in India turned profitable
- Orbis revenue increased by 66% to $2.4m
Full summary
XRF Scientific Ltd reported its September 2026 quarterly financial results, showing a 38% increase in revenue to $21.1m and a 30% rise in profit before tax to $4.4m. The quarter saw strong momentum in consumable and capital equipment sales, with consumable sales at $5.6m and capital equipment sales at $5.9m. The new office in India was profitable, and sales of Orbis products increased by 66% to $2.4m. The integration of the CGA acquisition is progressing well, with production expected to start in December. Precious metals product sales also increased to $9.6m, with positive recycling levels in the mining sector.
Outlook
XRF expects the December 2026 quarter to be strong, with new revenue from CGA instruments and growth from Orbis.
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