Xreality Group Limited · ASX:XRG
Xreality — Investor Presentation (August 2026)
24 slides from Xreality's investor presentation, Aug 31, 2026
Slide 1: FY26 Investor Presentation
FY26 Investor Presentation FY26 Full Year Preliminary Results - 31 August 2026
Slide 2: FY26 Highlights
FY26 Highlights Total income $20.0m up 43%, $3.8m EBITDA, and a qualified pipeline of $80.4m F Y26 TO TAL INCO M E FY26 EBITDA DEFERRED REVENUE RECEIPTS FROM CUSTOMERS $20.0m $3.8m $15.5m $24.2m ▲ 43% PcP ▲ $3.3m PcP ▲ $8.1m PcP ▲ 29.2% PcP NET OP ERATING CASHF LOW ANNUAL RECURRING FY26 TOTAL CONTRA
Slide 3: Executive Summary
Executive Summary FY26: A Step-Change in XRG Group Performance COMPANY OVERVIEW GROWTH STRATEGY • xReality Group (ASX: XRG) develops enterprise software for mission critical simulation for military and law enforcement. Operator XR as the growth engine • Operator XR is the core growth asset: portable
Slide 4: FY26 Group positioning
FY26 Group positioning Deferred revenue of $15.5m and a qualified pipeline of $80.4m underpin FY27 visibility CAPITAL POSITION REVENUE MODEL AND VISIBILITY • Closing cash $2.7m (FY25: $2.8m), with net operating cashflow of $5.5m with • Deferred revenue increased to $15.5m at 30 June 2026 (FY25: $7.4
Slide 5: Operator XR
Operator XR Driving Financial Performance Image: MR-1 mixed reality training system
Slide 6: Operator XR: Growth momentum
Operator XR: Growth momentum Four years of compounding growth in Operator XR revenue, recurring revenue, contracted value and customers Operator XR Revenue $m Annual Recurring Revenue $m Total Contract Value $m +52% PcP +70% PcP +15% PcP FY23 0.6 FY23 0.4 FY23 1.4 FY24 0.7 FY24 2.2 FY24 4.1 FY25 5.1
Slide 7: Operator XR: FY26 highlights
Operator XR: FY26 highlights ARR $8.0m, up 70% PcP | FY26 TCV $13.0m | 118 customers | qualified pipeline $80.4m SCALE AND CUSTOMER GROWTH COMPETITIVE ADVANTAGE • 118 customers at 30 June 2026, up 76% PcP (FY25: 67), 108 in the United States. First sales in Europe and Asia. 1) Established US market
Slide 8: Operator XR: Global Expansion
Operator XR: Global Expansion US core market scaling, with first European and Asia Pacific reference customers in FY26 ▮ UNITED STATES: CORE MARKET ▮ ASIA PACIFIC • 108 US customers at 30 June 2026 across • First sale outside Australia into Japan federal, state and local tiers, with units sold throu
Slide 9: Capability: Proven Platform, Expanding Fit
Capability: Proven Platform, Expanding Fit OPERATOR XR PLATFORM The proprietary simulation engine beneath every product Multi-user networking · Scenario authoring tools & instructor control · Performance Analytics · Offline operation. · Scalable architecture, layered sales and opportunities OP-2: CO
Slide 10: FY26 Financials
FY26 Financials 10 "The appearance of U.S. Department of War (DoW) visual information does not imply or constitute DoW endorsement."
Slide 11: Profit & Loss
Profit & Loss Profit and Loss ($m) FY26 FY25 Δ pcp Enterprise (Operator XR) revenue 7.8 5.1 52.3% FY26 Total Income $20.0m and EBITDA $3.8m Entertainment revenue 7.3 7.6 (3.3%) Revenue 15.1 12.7 19.1% Costs of Sales (3.3) (2.4) 37.1% • Revenue of $15.1m, up 19% PcP, driven by Operator XR, within tot
Slide 12: Balance Sheet
Balance Sheet Deferred revenue $15.5m at 30 June 2026, up 110% PcP, with cash steady at $2.7m Balance Sheet ($m) Jun-26 Jun-25 Δ Cash and cash equivalents 2.7 2.8 (2.5%) Strong growth in Revenue Pipeline Trade and other receivables 3.8 1.7 131.5% • Deferred revenue increased to $15.5m, current and n
Slide 13: Cashflow
Cashflow Receipts from customers $24.2m, up 29% PcP, net Cash Flow ($m) FY26 FY25 Δ pcp operating cashflow $5.5m, up 67% PcP Receipts from customers 24.2 18.7 29.2% Payments to suppliers and employees (20.8) (14.9) 39.7% Record customer cash receipts Grant and other operational income 3.0 0.2 +2.8m
Slide 14: Operator XR: Outlook
DRG Operator XR: Outlook
Slide 15: Operator XR Roadmap
Operator XR Roadmap From first US entry in FY23 to 118 customers and $8.0m ARR base in FY27 FY23 FY24 FY25 FY26 FY27 OUTLOOK Operational Roadmap • First US market entry • US market entry • Strong US law • US DoD subcontract • Target larger defence establishing credibility established with enforcemen
Slide 16: OP-2 Total Addressable Market
OP-2 Total Addressable Market Annual Recurring Revenue Total Addressable Market 1% of Global Market = US$207m ARR > Market Share Sensitivity (USD$m) Total Market 1% 3% 5% 10% 20% (m) Law Enforcement United States 11 32 53 106 213 1,063 Rest of the World 18 53 88 176 353 1,764 Law Enforcement ARR 29
Slide 17: Interceptor C-UAS Total Addressable Market
Interceptor C-UAS Total Addressable Market Annual Recurring Revenue 1% of Global Market = US$29m ARR Total Addressable Market > Market Share Sensitivity (USD$m) Total Market 1% 3% 5% 10% 20% (m) Law Enforcement United States 2 5 9 18 35 177 U.K. & Europe 1 2 4 8 16 81 Asia Pacific 0 1 2 4 8 39 Law E
Slide 18: Operator XR Outlook
Operator XR Outlook FY27 priorities: Continued US growth | international conversion | larger defence contracts COMMERCIAL PRIORITIES PRODUCT PRIORITIES MARKET BACKDROP ▸ Continued expansion of the US customer base ▸ Further OP-2 iterations planned for FY27, the ▸ Critical infrastructure protection e
Slide 19: Contact
Contact Investor Enquiries Wayne Jones, Chief Executive Officer wjones@xrgroup.com.au Stephen Tofler, Chief Financial Officer stofler@xrgroup.com.au Kim Hopwood, Chief Operating Officer khopwood@xrgroup.com.au xReality Group Limited ACN 154 103 607 | ASX: XRG 123 Mulgoa Road, Penrith, NSW 2750, Aust
Slide 20: Disclaimer
Disclaimer This presentation has been prepared by xReality Group Limited (XRG) and provides general background information about the Company's activities. That information is current at the date of this presentation. The information is a summary and does not purport to be complete. This presentation
Slide 21: OP-2 System
OP-2 System Operator XR: OP-2 • Trainees use their own service weapons and equipment, converted to dry-fire mode with recoil. True integration of combat equipment for immersive near-real experience. • Users can upskill tactics, techniques and procedures while operating safely in simulated high-stres
Slide 22: OP-2 Software
OP-2 Software Operator XR: OP-2 Scenario Creator Suite • Instructors can design fully customised and interactive training environments for their unique requirements. • Library of high-quality pre-built scenes and interactive props, including vehicles, forensic evidence, cover options, and everyday o
Slide 23: New Product | MR-1
New Product | MR-1 Operator XR: Mixed Reality tactical training system • MR-1 operates in real-world locations including bases, shoot houses, transit hubs, nuclear facilities, embassies and critical infrastructure, removing the need for a dedicated VR facility. • MR-1 provides the digital threat lay
Slide 24: New Product | OP-2 Interceptor
New Product | OP-2 Interceptor C-sUAS training that outpaces the threat • The Operator XR CUAS Trainer is a highly portable, single or multi-user virtual reality training system that enables operators to develop and rehearse Counter-UAS tactics, techniques and procedures in a safe and cost-effective