Quarterly Activities Report

xReality Group Limited (ASX:XRG) (xReality)is pleased to provide the following Quarterly Activities Report and Appendix 4C for the quarter ending 30th June 2024 together with an Operational Update.

Key Highlights

• Cash receipts of $3,069,518, up 31% on Q3.
• Continued rapid sales growth of Operator XR (Enterprise) across US and Australian markets during the quarter:
  • Annual Recurring Revenue increased 250% to $2.21M
  • Total Contract Value increased 514% for the quarter to $4.1M
  • 20 new customers acquired during Q4.
  • 162 active opportunities with a total sales pipeline of $24.2M
• Entertainment businesses improved performance through the quarter with a strong June Holidays outperforming the prior year.

Operational Update by Business Sector:

Operator XR – Enterprise Software and Technology

Operator XR made significant progress acquiring 20 new customers across Australia and the US over the quarter, resulting in a substantial increase in Annual Recurring Revenue and Total Contract Value. The majority of cash from these contracts will be received in Q1 FY25.

• Operator XR Annual Recurring Revenue (ARR)
  • Total ARR = $2,210,042
  • ARR increase in Q4 = $1,577,960 (250%)