Daily Roundup

RHI.ASX HDN.ASX KNO.ASX MAP.ASX XRG.ASX

Diversified Growth Across XRG's Portfolio

Xreality Group Ltd (ASX: XRG), a market leader in immersive Extended Reality (XR) solutions, is seeing significant momentum in its Operator XR product, which is rapidly expanding globally and driving impressive growth in revenue, contracts, and recurring income.

Operator XR, XRG's leading growth asset, is a tactical-level XR system designed for soldier and police officer training. Since January 2024, the product has seen rapid expansion, with 65 customers, 137 deployed systems worldwide, and a presence in 28 US states. Its Total Contract Value (TCV) has grown an impressive 161% since the end of FY24, reaching $10.7 million, while its Annual Recurring Revenue (ARR) has surged 106% to $4.6 million.

Alongside this success, XRG is reviewing strategic options for its legacy assets, including the FREAK VR entertainment brand and iFLY indoor skydiving facilities. The company remains focused on consistently growing its presence in the US law enforcement and military markets, with a 305-strong pipeline of opportunities in development.

HomeCo Daily Needs REIT Delivers Solid Valuation Gains

HomeCo Daily Needs REIT (ASX: HDN) has reported a preliminary unaudited portfolio valuation gain of $142 million, representing a 3.0% increase on the 31 December 2024 portfolio value. This comprises a $80 million net valuation gain (1.7%) driven by strong net operating income growth and cap rate tightening, as well as $63 million of predominantly development-related capital expenditure.

Notably, 25% of HDN's portfolio (by book value) was independently valued, with a gross increase of 3.1% and net increase of 2.2%. The remaining 75% was internally valued, with a gross increase of 2.9% and net increase of 1.5%. The REIT has also maintained a strong balance sheet, with gearing at the midpoint of the 30-40% target range.

HDN has declared a quarterly distribution of 2.125 cents per unit for the period ended 30 June 2025 and confirmed its FY25 DPU guidance of 8.5 cents per unit and FY25 FFO guidance of 8.8 cents per unit.

Knosys and ANZ Bank Extend Partnership

Knosys Limited (ASX: KNO) has announced that ANZ Bank has signed a one-year contract extension for the continued use of Knosys' Knowledge Management enterprise solution, KnowledgeIQ (KIQ). This interim agreement comes as the two parties negotiate the terms of a new three-year contract, which is expected to include ANZ Bank migrating to Knosys' KIQ cloud service and the integration of a new AI assistant into their knowledge management portal.

The one-year contract extension is valued at over $1.9 million, reflecting the long-standing relationship between Knosys and ANZ, as well as Knosys' ability to assist ANZ with their internal strategic initiatives, such as their 'cloud first' approach to technology solutions.

Microba Life Sciences Seeks Capital Raise

Microba Life Sciences Ltd (ASX: MAP) has requested an immediate trading halt in relation to a proposed capital raise. The trading halt will remain in place until the earlier of Monday, 23 June 2025 or the announcement of the capital raise. Microba is not aware of any reason why the trading halt should not be granted and is not aware of any other information necessary to inform the market about the trading halt.