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 company posted a net profit of $105,987, a stark improvement from the previous year's loss of $793,946. While revenue from continuing operations dipped 12% to $6.4 million, the real story lies in operational efficiency—EBITDA swung to a positive $925,000, up from a $1.88 million loss in FY24. The turnaround reflects the company's infrastructure consolidation and disciplined cost management approach.

A major win came in the form of a three-year contract with the Australian Taxation Office worth $1.95 million, validating 8COMMON's position in the federal government market. The company also strengthened its balance sheet, reducing net current liabilities by $549,000 to $1.24 million. Looking ahead, 8COMMON expects continued growth in FY27 as it expands its Expense8 product across government and enterprise customers while converting its implementation pipeline into live usage.

Xreality Group Scales Rapidly

Xreality Group Ltd delivered impressive growth in FY26, with total income surging 43% to $20.0 million. The company's net loss narrowed dramatically to just $0.1 million from $3.1 million in the prior year, signaling a business moving toward profitability. EBITDA improved to $3.8 million from $0.6 million.

The standout performer is Operator XR, the company's immersive training system. Its customer base expanded 76% to 118 customers globally, while the qualified sales pipeline reached $80.4 million. Annual Recurring Revenue climbed to $8.0 million, and deferred revenue hit $15.5 million, providing strong visibility into future earnings. The company also secured significant international contracts, 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 jumped 67% to $5.5 million. The board is optimistic about FY27, eyeing larger defence programs and expanded international presence across Europe and Asia Pacific.

AML3D Hits Profitability Milestone

AML3D Limited delivered record results for FY26, with revenue climbing 70% to $12.5 million. More importantly, the company achieved its first profitable half-year with EBITDA of $608,000 in the second half. The order book reached a peak of $29 million, with $16.8 million rolling into FY2027, providing strong revenue visibility.

The company's cash position strengthened to $26.7 million, enabling aggressive expansion. AML3D successfully diversified into the UK Defence market and high-value industrial sectors in the US, while maintaining an estimated global sales pipeline of $78 million. The company plans to double its US capacity with a $12 million investment in FY27, positioning itself for sustained growth.

BetMakers Achieves Margin Expansion

BetMakers Technology Group Ltd reported solid progress in FY26, with revenue growing 8.8% to $92.6 million. The real highlight was the dramatic improvement in profitability—Adjusted EBITDA surged 205% to $14.1 million. Adjusted Gross Margin expanded to 66.9%, while operating expenses fell 6.0% to $49.4 million, demonstrating the company's operational discipline.

Operating cashflow reached $5.0 million, reflecting the underlying strength of the business. The company's focus on technology-led growth and cost optimization has positioned it well for FY27, where management plans to accelerate digital revenues, expand content offerings, and pursue strategic partnerships while maintaining operational discipline.

4DS Memory Acquires Jenesys

4DS Memory Limited has entered into a binding agreement to acquire Jenesys Pty Ltd, a software specialist in Edge-AI and autonomous systems, for up to $5 million. The deal combines 4DS's PCMO-based resistive memory technology with Jenesys's Edge-AI software to create an integrated 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 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 combined entity aims to capture value in the growing neuromorphic computing market by offering a complete hardware-software solution.