Daily Roundup

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8COMMON Ltd Turns Profitable

8COMMON Ltd has reported its maiden full-year profit for FY26, marking a significant turnaround for the software company. The firm posted a net profit after tax of $105,987, a stark contrast to the $793,946 loss it recorded the year prior. While revenue from continuing operations dipped 12% to $6.4 million, the company's strategic focus on cost management and infrastructure consolidation paid off. EBITDA swung dramatically into positive territory at $925,000, up from a $1.88 million loss in FY24.

The company also strengthened its financial position by reducing net current liabilities by $549,000 to $1.24 million. A significant win came in the form of a three-year contract with the Australian Taxation Office worth $1.95 million, which validates 8COMMON's standing in the federal government market. Looking ahead, the company expects continued growth in FY27 as it expands its Expense8 platform across government and enterprise customers.

Xreality Group Accelerates Growth

Xreality Group Ltd delivered impressive results for FY26, with total income surging 43% to $20.0 million. More importantly, the company's net loss narrowed dramatically to just $0.1 million from $3.1 million in the prior year, signaling a clear path toward profitability.

The real story lies in the company's flagship Operator XR product, which saw its global customer base expand by 76% to 118 customers. The qualified sales pipeline for this offering grew to a substantial $80.4 million, providing strong visibility into future revenue. Annual recurring revenue climbed to $8.0 million, while deferred revenue reached $15.5 million. EBITDA improved to $3.8 million from $0.6 million previously.

Xreality also secured some marquee contracts during the year, including a $5.7 million deal with the Texas Department of Public Safety and its first European contract with the Swedish Armed Forces. Net operating cashflow increased 67% to $5.5 million. The board is optimistic about FY27, with plans to target larger defence programs and expand its footprint across Europe and Asia Pacific.

AML3D Hits Record Revenue and Profitability

AML3D Limited has delivered a breakout year, reporting record FY2026 revenue of $12.5 million, a 70% increase year-on-year. Even more encouraging, the company achieved its first profitable half-year with EBITDA of $608,000 in the second half of the financial year.

The additive manufacturing company's order book reached a peak of $29 million, with $16.8 million of contract work rolling into FY2027. AML3D also maintains a robust cash position of $26.7 million, supporting its ambitious expansion plans. The company successfully diversified into the UK Defence market and high-value industrial sectors in the US, with an estimated global sales pipeline of $78 million at year-end.

Management plans to double US capacity with a $12 million investment, positioning the company for sustained growth in FY27.

BetMakers Delivers Strong Operational Turnaround

BetMakers Technology Group Ltd reported solid FY26 results, with revenue growing 8.8% to $92.6 million. The real highlight was the company's operational performance, with Adjusted EBITDA surging 205% to $14.1 million. Adjusted gross margin improved to 66.9%, while operating expenses fell 6.0% to $49.4 million.

The company generated strong operating cashflow of $5.0 million, reflecting disciplined cost management and technology-led growth initiatives. For FY27, BetMakers is focused on scaling its core platforms, accelerating US expansion, and driving further efficiency gains.

4DS Memory Acquires Jenesys

4DS Memory Limited has entered into a binding agreement to acquire Jenesys Pty Ltd, a software company specializing in Edge-AI and autonomous systems, for up to $5 million. The deal aims to combine 4DS's PCMO-based resistive memory technology with Jenesys's Edge-AI software to create a comprehensive hardware-software platform for computing-in-memory and neuromorphic computing applications.

The acquisition will be funded through a non-renounceable rights issue and a placement to professional and sophisticated investors. Jenesys's Managing Director and CEO, Jaspal Sarai, will join 4DS's board upon completion. The transaction is expected to close in October 2026, subject to shareholder approval and regulatory consents. The deal positions 4DS to capture value in the growing computing-in-memory and neuromorphic computing markets.