Xamble Group Limited reported a 26% drop in full-year revenue to A$6.77 million for 2025, yet showed promising signs of recovery with a 19% revenue increase and a 71% EBITDA deficit improvement in the final quarter.
- Full-year revenue declined 26% to A$6.77 million
- Net loss attributable to owners increased 8% to A$2.42 million
- Q4 revenue rose 19% quarter-on-quarter, EBITDA deficit improved 71%
- Technology investment up 28%, supported by Malaysia Digital Acceleration Grant
- Raised A$1.36 million via discounted entitlement offer with free-attaching options
Revenue Decline and Losses
Xamble Group Limited’s preliminary results for the year ended 31 December 2025 reveal a challenging year marked by a 26% decline in revenue to A$6.77 million, down from A$9.19 million in 2024. The net loss attributable to owners widened by 8% to A$2.42 million, reflecting ongoing pressures in the digital marketing and live commerce sectors where the company operates.
Signs of Operational Improvement in Q4
Despite the full-year setbacks, the company’s fourth quarter showed encouraging momentum. Revenue increased 19% quarter-on-quarter to A$2.0 million, while the underlying business EBITDA deficit shrank by 71% compared to the prior quarter. This improvement was driven by accelerating market activity and a surge in brand adoption, with 68 new brands onboarded during the year, a 134% increase over 2024, validating Xamble’s commercial proposition and pipeline for growth.
Investment in Technology and Strategic Funding
Xamble boosted its technology investment by 28% to A$1.1 million, supported by a A$1.3 million Malaysia Digital Acceleration Grant. This external validation underscores the company’s commitment to innovation and product development. Additionally, the Group successfully completed a discounted entitlement offer raising approximately A$1.36 million, issuing free-attaching options that created a derivative liability valued at A$1.49 million. These capital initiatives aim to underpin the company’s growth and operational leverage as it scales.
Balance Sheet and Asset Position
Net tangible assets per share fell sharply to 0.04 cents from 1.09 cents in the prior year, primarily due to accumulated losses. The Group’s total equity contracted to A$216,769, reflecting the financial strain of the year. However, corporate costs remained well controlled, supporting a pathway toward sustained profitability as revenue growth resumes.
Strategic Investments and Future Outlook
In 2025, Xamble acquired a 19% stake in Bloyalty Sdn Bhd, a Malaysian loyalty program operator, signaling a strategic diversification into customer engagement platforms. Subsequent to year-end, the Group restructured its credit facility to support working capital and creator payments and announced a planned acquisition of a majority interest in YToday Sdn. Bhd., further expanding its footprint in digital commerce.
While the financial statements remain unaudited and subject to final review, the combination of improved quarterly performance, targeted investments, and strategic acquisitions suggests that Xamble is positioning itself for a potential turnaround despite the tough 2025 results.
Bottom Line?
Xamble’s narrowing losses and strategic moves hint at a cautious but hopeful path forward amid a tough market environment.
Questions in the middle?
- Will the Q4 momentum translate into sustained revenue growth in 2026?
- How will the new associate and acquisition impact future earnings and cash flow?
- What are the risks associated with the derivative liability from free-attaching options?