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xReality Group Limited develops and operates physical and digital simulations in the Asia Pacific and the United States. It operates in two segments, Entertainment and Enterprise. The company owns and operates indoor skydiving run under the iFLY Downunder and iFLY Gold Coast brand name; and virtual reality operations under the FREAK brand. It also provides Red Cartel, a virtual reality, augmented reality, extended reality, and animation content for enterprise software product for entertainment, oil and gas, mining, healthcare, and government industries. In addition, the company operates Operator XR, which provides mission planning and rehearsal system for military and law enforcement agencies. It serves tourists, professional skydivers, and military. The company was formerly known as Indoor Skydive Australia Group Limited and changed its name to xReality Group Limited in December 2021. xReality Group Limited was incorporated in 2011 and is based in Brookvale, Australia.
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A unique technical analysis driven score developed by Kalkine showing momentum in stock prices based on select technical indicators identified.
Public disclosures for Xreality Group Limited (ASX: XRG) are limited, making its exact operations and financial profile hard to verify from available sources. The company appears positioned in immersive and digital-technology markets, where broader trends such as enterprise digital transformation and demand for augmented and virtual content may support long-term growth and could make the stock of interest to investors monitoring that sector.
Most important risks include small-cap liquidity and financing constraints, execution risk in commercializing technology, and competitive pressure from larger incumbents and fast-moving startups.
Note: The summary and risk score provided above is created by AI and should not be construed as a recommendation of Kalkine.
| Breakdown | 2026-06-30 | 2025-06-30 | 2024-06-30 | 2023-06-30 | 2022-06-30 |
|---|---|---|---|---|---|
| Type | yearly | yearly | yearly | yearly | yearly |
| Date | 2026-06-30 | 2025-06-30 | 2024-06-30 | 2023-06-30 | 2022-06-30 |
| Income before tax | -0.11M | -3.14M | -4.11M | -1.69M | -6.93M |
| Net income | -0.12M | -3.14M | -4.11M | -1.69M | -6.93M |
| Selling general administrative | - | 1.78M | 6.13M | 5.30M | 3.52M |
| Selling and marketing expenses | - | 6.70M | 1.23M | 0.65M | 0.48M |
| Gross profit | 9.40M | 11.54M | 5.54M | 5.44M | 5.07M |
| Reconciled depreciation | - | - | 2.11M | 2.22M | 2.12M |
| Ebit | -2.11M | -1.36M | -2.37M | -0.57M | -2.07M |
| Ebitda | 0.30M | -0.15M | -0.26M | 1.80M | 0.05M |
| Depreciation and amortization | 2.41M | 1.21M | 2.11M | 2.36M | 2.12M |
| Operating income | -2.11M | 2.69M | -1.88M | -0.57M | -2.07M |
| Other operating expenses | 17.24M | 11.27M | 11.03M | 10.32M | 9.26M |
| Interest expense | 1.52M | 1.80M | 1.74M | 1.48M | 1.51M |
| Tax provision | - | - | 0.00M | 0.00M | 0.00M |
| Interest income | - | 1.80M | 0.02M | 1.63M | 1.51M |
| Net interest income | - | - | -1.72M | -1.63M | -1.51M |
| Extraordinary items | - | - | 0.00M | 0.00M | 0.00M |
| Income tax expense | 0.02M | - | 0.00M | -0.00M | 2.13M |
| Total revenue | 15.13M | 13.96M | 9.16M | 9.75M | 6.57M |
| Total operating expenses | 11.51M | 8.85M | 7.42M | 6.01M | 7.76M |
| Cost of revenue | 5.72M | 2.42M | 3.61M | 4.31M | 1.50M |
| Total other income expense net | 2.00M | -5.83M | -2.24M | -1.12M | -2.73M |
| Net income from continuing ops | - | - | -4.11M | -1.69M | -6.93M |
| Net income applicable to common shares | - | -3.14M | -4.11M | -1.69M | -6.93M |
| Breakdown | 2026-06-30 | 2025-06-30 | 2024-06-30 | 2023-06-30 | 2022-06-30 |
|---|---|---|---|---|---|
| Type | yearly | yearly | yearly | yearly | yearly |
| Date | 2026-06-30 | 2025-06-30 | 2024-06-30 | 2023-06-30 | 2022-06-30 |
| Total assets | 53.58M | 45.26M | 42.66M | 39.35M | 36.81M |
| Intangible assets | - | 6.75M | - | 2.49M | 0.57M |
| Other current assets | 0.12M | 0.05M | - | 0.09M | 0.57M |
| Total liab | 39.56M | 33.77M | 33.23M | 29.20M | 26.37M |
| Total stockholder equity | 14.02M | 11.49M | 9.43M | 10.16M | 10.44M |
| Other current liab | 0.92M | 6.16M | 0.53M | 1.52M | 0.44M |
| Common stock | 56.22M | 56.76M | 48.89M | 48.04M | 44.61M |
| Capital stock | - | - | - | 45.68M | 44.61M |
| Retained earnings | -43.14M | -43.10M | -40.00M | -35.89M | -34.20M |
| Other liab | - | - | - | 2.23M | 2.68M |
| Good will | - | 0.57M | - | 3.06M | 0.57M |
| Other assets | - | - | - | 0.77M | 0.82M |
| Cash | 2.72M | 2.79M | 1.37M | 0.75M | 2.05M |
| Cash and equivalents | - | - | - | 0.75M | 2.05M |
| Total current liabilities | 16.63M | 10.71M | 6.49M | 5.81M | 3.63M |
| Current deferred revenue | 7.51M | - | 2.53M | - | 0.98M |
| Net debt | 16.92M | 16.81M | 22.26M | 6.83M | 19.22M |
| Short term debt | 5.54M | 1.05M | 1.13M | 0.00M | 1.21M |
| Short long term debt | - | - | - | 0.30M | 0.30M |
| Short long term debt total | 19.63M | 19.59M | 23.62M | - | 21.28M |
| Other stockholder equity | 0.94M | - | 0.55M | -2.00M | -2.32M |
| Property plant equipment | - | - | - | 33.80M | 32.56M |
| Total current assets | 9.19M | 5.72M | 4.39M | 1.72M | 2.86M |
| Long term investments | - | - | - | 0.03M | 0.82M |
| Net tangible assets | - | - | - | 7.10M | 9.87M |
| Short term investments | - | - | - | 0.09M | 0.57M |
| Net receivables | 5.58M | 2.54M | 2.86M | 0.43M | 0.16M |
| Long term debt | - | - | - | 7.28M | 7.36M |
| Inventory | 0.77M | 0.34M | 0.17M | 0.03M | 0.08M |
| Accounts payable | 2.66M | 3.50M | 2.31M | 1.20M | 1.22M |
| Accumulated other comprehensive income | - | -2.17M | - | - | 0.03M |
| Non currrent assets other | - | 0.13M | 5.12M | 0.75M | - |
| Non current assets total | 44.39M | 39.54M | 38.26M | 37.63M | 33.95M |
| Capital lease obligations | - | - | - | 15.19M | 13.62M |
| Long term debt total | - | - | - | 21.16M | 20.06M |
| Breakdown | 2026-06-30 | 2025-06-30 | 2024-06-30 | 2023-06-30 | 2022-06-30 |
|---|---|---|---|---|---|
| Type | yearly | yearly | yearly | yearly | yearly |
| Date | 2026-06-30 | 2025-06-30 | 2024-06-30 | 2023-06-30 | 2022-06-30 |
| Investments | - | - | -2.39M | -3.36M | -0.70M |
| Change to liabilities | - | - | - | 1.13M | -0.63M |
| Total cashflows from investing activities | -6.70M | -2.52M | -2.39M | -3.36M | -0.70M |
| Net borrowings | - | - | 0.77M | -1.09M | -1.05M |
| Total cash from financing activities | 1.09M | 0.62M | 2.95M | -0.02M | 1.30M |
| Change to operating activities | - | - | - | 0.57M | 0.83M |
| Net income | -0.12M | -3.14M | -4.11M | -1.69M | -6.93M |
| Change in cash | -0.07M | 1.42M | 0.61M | -1.30M | 0.29M |
| Begin period cash flow | 2.79M | 1.37M | 0.75M | 2.05M | 1.76M |
| End period cash flow | 2.72M | 2.79M | 1.37M | 0.75M | 2.05M |
| Total cash from operating activities | 5.54M | 3.32M | 0.06M | 2.07M | -0.06M |
| Issuance of capital stock | - | - | 3.44M | 1.08M | 2.16M |
| Depreciation | 2.41M | 1.91M | 2.11M | 2.36M | 2.26M |
| Other cashflows from investing activities | - | -2.36M | -2.39M | 0.00M | 0.00M |
| Dividends paid | - | - | - | 0.01M | - |
| Change to inventory | - | -0.17M | -0.14M | 0.05M | -0.06M |
| Change to account receivables | - | 1.05M | -1.86M | -0.68M | 0.39M |
| Sale purchase of stock | - | 0.75M | -0.22M | -0.01M | -0.07M |
| Other cashflows from financing activities | -0.80M | -0.20M | -1.03M | -0.77M | -0.64M |
| Change to netincome | - | - | - | 0.49M | 4.23M |
| Capital expenditures | 0.66M | 0.17M | 2.39M | 3.36M | 0.70M |
| Change in working capital | - | -0.65M | 0.95M | 1.06M | 0.53M |
| Other non cash items | 3.25M | 5.21M | 3.22M | 0.34M | 4.09M |
| Free cash flow | 4.88M | 3.15M | -2.33M | -1.28M | -0.76M |
Sector: Consumer Cyclical Industry: Leisure
|
Stock Name
|
Change
(AUD) |
Price
(AUD) |
Trailing
PE (x) |
Forward
PE (x) |
Price Sales
TTM (x) |
Price to Book Value (x)
|
Enterprise Value
to Revenue (x) |
Enterprise Value
to EBITDA (x) |
|---|---|---|---|---|---|---|---|---|
| XRG Xreality Group Ltd |
- -% |
0.06 | - | - | 2.22 | 3.17 | 4.04 | 19.65 |
| CEH Coast Entertainment Holdings Ltd |
- -% |
0.45 | 22.25 | 46.95 | 1.48 | 0.78 | 1.22 | 10.90 |
| VVA Viva Leisure Ltd |
0.03 2.12% |
1.45 | 10.96 | 26.32 | 0.59 | 1.21 | 2.27 | 5.71 |
| EXP Experience Co Ltd |
- -% |
0.09 | - | 12.42 | 0.51 | 0.52 | 0.69 | 4.48 |
| CYQ CYCLIQ Group Ltd |
- -% |
0.00 | - | 5.37 | 0.56 | 15.38 | 0.56 | -2.35 |
xReality Group Limited develops and operates physical and digital simulations in the Asia Pacific and the United States. It operates in two segments, Entertainment and Enterprise. The company owns and operates indoor skydiving run under the iFLY Downunder and iFLY Gold Coast brand name; and virtual reality operations under the FREAK brand. It also provides Red Cartel, a virtual reality, augmented reality, extended reality, and animation content for enterprise software product for entertainment, oil and gas, mining, healthcare, and government industries. In addition, the company operates Operator XR, which provides mission planning and rehearsal system for military and law enforcement agencies. It serves tourists, professional skydivers, and military. The company was formerly known as Indoor Skydive Australia Group Limited and changed its name to xReality Group Limited in December 2021. xReality Group Limited was incorporated in 2011 and is based in Brookvale, Australia.
| Name | Title | Year Born |
|---|---|---|
| Mr. Wayne Peter Jones | CEO & Exec. Director | NA |
| Mr. Stephen Tofler | Company Sec. & CFO | NA |
| Mr. Kim Hopwood | Exec. Director | NA |
| Ms. Fiona Yiend | Gen. Counsel | NA |
| Mr. Will Beaumont | Global Sales Director | NA |
| Mr. Wayne Peter Jones | CEO & Executive Director | NA |
| Mr. Stephen Tofler | Company Secretary & CFO | NA |
| Mr. Kim Hopwood | Executive Director | NA |
| Ms. Fiona Yiend | General Counsel | NA |
| Mr. Wayne Peter Jones | CEO & Executive Director | NA |
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