xReality Group Ltd

  • IPO date:
  • Sector: Consumer Cyclical
  • GIC Group: Consumer Services
  • Industry: Leisure
  • Company website

Company description

xReality Group Limited owns and operates indoor skydiving facilities in Australia and Malaysia. The company operates in two segments, Entertainment and Enterprise. It owns and operates indoor skydiving facilities under the brand iFly Downunder in Penrith, Sydney; and iFLY Gold Coast brand in Surfers Paradise, Queensland. The company also operates FREAK, a virtual reality gaming venue that combines cutting edge multiplayer games, incredible 4D effects, and curated physical spaces located in Penrith, Bondi Junction, Macquarie Centre, and Surfers Paradise. In addition, its portfolio comprises virtual, augmented, and mixed reality facilities that combines physical and digital simulation for consumer and enterprise market segments. Further, the company operates Red Cartel, a virtual, augmented, and eXtended reality that is a location-based entertainment and animated content for games, venues, and enterprise; operator tactical solutions; and offers training and operational simulation products for global defense and law enforcement agencies using virtual reality and augmented reality technologies. It serves tourists, enthusiast, military, and active skydivers. 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.

Financial highlights

Market Capitalization$19.1929 million
P/E Ratio0
P/E Growth Ratio
Book Value0.024
Dividend Per Share0
Earnings Per Share-0.02
EBITDA461.012
Profit Margin-0.1603
Operating Margin TTM-0.0966
Return on Assets TTM-0.0167
Return on Equity TTM-0.1642
Revenue TTM10,544.618

Income statement highlights

All numbers are in thousands

Date Total Revenue Cost of Revenue Gross Profit Total Operating Expenses
2017-06-30 12,278.45 2,464.69 9,813.76
2018-06-30 13,881.14 2,575.3 11,305.84
2019-06-30 11,376.877 2,527.951 8,848.926 10,059.222
2020-06-30 5,553.236 1,430.154 4,123.082 6,511.034
2021-06-30 7,265.174 1,664.555 5,600.619 6,617.811
2022-06-30 6,574.705 1,502.843 5,071.862 7,760.144
2023-06-30 10,544.62 1,949.4 8,595.22

Balance sheet highlights

All numbers are in thousands

Date Cash Total Assets Total Liabilities Short Term Debt Long Term Debt Common Stock
2017-06-30 1,706.46 49,856.71 17,396.72 0 10,267.2 40,466.92
2018-06-30 953.54 45,341.99 22,960.56 0 9,081.12 40,810.94
2019-06-30 140.665 37,682.314 22,750.867 1,651.465 9,454.23 40,810.939
2020-06-30 234.347 36,956.181 25,762.637 1,222.867 9,320.46 42,513.694
2021-06-30 1,761.186 37,779.378 22,491.407 328.627 7,316.71 42,513.283
2022-06-30 2,053.208 36,809.895 26,369.043 1,214.802 7,362.25 44,605.529
2023-06-30 751.758 39,352.96 29,196.55 0 7,282.33 45,675.27

Cash flow highlights

All numbers are in thousands

Date Net Income Total Cash Change in Cash Begin period cash End period cash Dividends
2017-06-30 2,148.33 -844.14
2018-06-30 879.91 -752.92 953.541
2019-06-30 -7,400.998 -876.25 -812.876 953.541 140.665
2020-06-30 -5,440.247 -383.43 93.682 140.665 234.347 555.271
2021-06-30 4,062.456 1,423 1,527.036 234.15 1,761.186
2022-06-30 -6,932.214 -55.34 292.022 1,761.186 2,053.208
2023-06-30 -1,690.511 2,074.79 -1,301.45 2,053.208 751.758