Xamble Group boosted revenue by 16% in the first half of FY2026, with a record Q2 performance driving a positive underlying EBITDA and sharply reduced losses.
- 16% revenue increase to A$3.64 million in H1 FY2026
- Underlying EBITDA turned positive with A$0.24 million profit in Q2
- Loss before tax narrowed 68% to A$0.48 million
- Influencer network expanded 536% to nearly 22,000 creators
- Platform transactions surged 528% year-on-year in Q2
Revenue Growth Fueled by Record Second Quarter
Xamble Group Limited (ASX:XGL) accelerated its turnaround in the first half of FY2026, reporting a 16% rise in group revenue to A$3.64 million. The standout was a record second quarter, where revenue hit A$2.00 million, up 34% year-on-year and 22% quarter-on-quarter, propelled by new contracts in technology, education, and automotive sectors contributing around A$1.17 million.
EBITDA Turns Positive as Losses Sharply Narrow
The company’s underlying business EBITDA swung into positive territory in Q2 FY2026 with a A$0.24 million profit, marking its strongest quarter since the strategic turnaround began. This contrasted with a A$0.17 million deficit in the same quarter last year. Group EBITDA losses also shrank by 19% to A$1.23 million for the half, while loss before tax narrowed dramatically by 68% to A$0.48 million, a figure that included a non-cash fair value gain of A$0.61 million.
Agency and SME Segments Drive Growth Amid Enterprise Softness
Growth was concentrated in the Agencies segment, which surged 33% to A$2.05 million and now accounts for 56% of total revenue, up from 49% a year earlier. SMEs also saw a robust 57% increase to A$0.33 million. Conversely, enterprise revenue dipped 10% to A$1.26 million. The expansion of agency relationships from 19 to 65, helped by the integration of YouthsToday, has clearly shifted the revenue mix towards smaller and mid-sized clients.
Influencer Community and Platform Activity Expand Sharply
Xamble’s influencer network ballooned by 536% to 21,952 active creators across seven Southeast Asian markets following the YouthsToday acquisition. This expansion underpins the company’s growing regional footprint. Platform transactions jumped 528% year-on-year to 160,196 in Q2, signaling accelerating engagement on the social commerce side. Meanwhile, cumulative app downloads rose 50% to 13,571, reinforcing momentum in user adoption.
Cash Position Strengthened by Recent Placement
Cash on hand improved to A$1.05 million, bolstered by a A$0.68 million capital raise completed in May 2026. This funding supports ongoing integration and technology investments, including AI-driven initiatives aimed at cost efficiency. The company’s technology investment income also surged, reflecting grants received under the Malaysia Digital Acceleration Grant program.
CEO Highlights Strategic Progress
Interim CEO Adrian Tan emphasised the significance of this half-year as the first full period under the company’s focused strategy. He pointed to revenue growth, the positive swing in EBITDA, and disciplined cost control as indicators that the turnaround plan is gaining traction. The expanded regional influencer community and agency network further position Xamble as a leading influencer marketing and social commerce enabler in Southeast Asia.
Bottom Line?
Xamble’s improved revenue and EBITDA performance in H1 FY2026 marks a meaningful step in its turnaround, but sustaining momentum will hinge on converting expanded influencer reach and platform activity into consistent profitability.
Questions in the middle?
- Can Xamble maintain EBITDA profitability beyond Q2 as it scales?
- Will the shift towards Agencies and SMEs offset softness in enterprise revenue?
- How will ongoing technology investments and AI initiatives impact future cost structures?