Vox Valor Capital (VOX) H2 2026 earnings summary

Executive summary

• Provides mobile marketing and advertising services globally through wholly owned subsidiaries in the UK, Singapore, and the US.

• Focused on user acquisition, app store optimization, retargeting, and creative production for mobile apps and games.

• Strategic emphasis on organic growth and potential acquisitions to expand service offerings and geographic reach.

• Management highlights significant reduction in operating loss and a leaner cost base.

Financial highlights

• Sales revenue for the year ended 31 May 2026 was $8.3m (vs. $15.7m for the 17 months ended 31 May 2025).

• Operating expenses were $7.6m (vs. $15.0m for the prior 17-month period).

• Operating loss reduced to $258k (vs. $1.3m loss for the prior period).

• Loss before tax was $1.1m, mainly due to $826k in interest expenses.

• Cash balance at period end was $28k (vs. $53k at prior period end).

Outlook and guidance

• Revenue forecasted to rise to $8.5m in FY2027 and $9.4m in FY2028, with EBITDA expected at $0.5m and $1.1m, respectively.

• Board remains cautiously optimistic about continued revenue growth and cost containment despite inflationary pressures.

• Ongoing evaluation of acquisition and partnership opportunities, including in Web3 and blockchain sectors.