Aura Consolidated lifts quarterly revenue 24% to $87.9M
By Liezl GambeKey points
- Aura Consolidated Group delivered 24% year-over-year revenue growth to US$87.9 million in the third quarter of 2026.
- The business generated a positive adjusted free cash flow of US$12.4 million, marking a US$15.5 million turnaround year over year.
- Management aims to scale operations following its Qoria acquisition by launching its Solstice artificial intelligence platform.
Aura Consolidated Group (ASX:AXQ) reported a 24% year-over-year revenue increase to US$87.9 million for the third quarter of 2026.
The group generated positive adjusted free cash flow of US$12.4 million, improving by US$15.5 million compared to last year's negative balance.
"This quarter, we laid the foundation for our expanded long-term vision for Aura while delivering sustained revenue growth and positive free cash flow," said Aura Consolidated Group Founder and CEO Hari Ravichandran.
The company also reported an exit annual recurring revenue rate of US$355 million while launching its Solstice safety engine.
Following the announcement, the Aura Consolidated Group share price was unchanged at $3.76.
This third-quarter report marks the company's first official financial update since closing its acquisition of Qoria on July 17.
The company stated that full-year 2026 targets remain on track for over 20% recurring revenue growth and positive cash flow.
