Qoria Reports Record $46.3M Cash Receipts and 48% Free Cash Flow Growth

Robust Growth Across All Segments

Qoria Limited has kicked off FY2026 with impressive momentum, reporting an exit annual recurring revenue (ARR) of $149 million, marking a 25% increase compared to the same period last year. This growth is underpinned by strong performances across all business segments, notably the consumer-focused Qustodio platform, which alone is growing ARR at an annualised rate of 33%.

Cash receipts for the September quarter hit a record $46.3 million, up 23% year-on-year, reflecting effective collections and a healthy demand for Qoria’s online safety and wellbeing solutions. Free cash flow also surged 48% to $11.7 million, highlighting the company’s improving operational efficiency and disciplined cost management.

Upgraded Guidance and Market Expansion

Buoyed by these results, Qoria has upgraded its FY2026 revenue guidance to exceed $145 million, up from the previous $140 million forecast. The company expects ARR growth of 20% and an adjusted EBITDA margin of 20%, signalling confidence in sustained profitability. Cash collections are anticipated to grow by 20% in the first half of the year, supported by strong seasonal sales cycles aligned with the US and UK school calendars.

Qoria’s K12 education segment continues to expand, with over 32,000 schools now using its platforms globally; an 8% increase year-on-year. The company is preparing to launch its full Qoria platform and K12 products into the UK market in calendar year 2026, a move expected to further accelerate pipeline growth and revenue diversification.

Operational Highlights and Financial Discipline

Operationally, Qoria’s platforms are safeguarding over 27 million children worldwide, a 14% increase year-on-year, with significant penetration in key markets such as the US and UK. The company’s safety team continues to make critical interventions, underscoring its commitment to online child safety.

Despite modest increases in staff costs due to wage rises and strategic investments, particularly in Sri Lanka, Qoria maintains strong operating leverage. Marketing investments have been strategically increased to support Qustodio’s growth, which continues to deliver strong unit economics with a customer acquisition cost to lifetime value ratio exceeding 300% ROI.

Foreign exchange movements remain a consideration, but the company benefits from a weakening Australian dollar against the US dollar and British pound, providing a modest tailwind to reported results. Net debt stood at $29 million as of September 30, 2025, with available funding of $24 million, and management expects net debt to remain stable in FY26 before materially reducing in FY27 and beyond.

Looking Ahead

With a solid pipeline valued at $10.4 million weighted and $28 million unweighted, Qoria is well positioned to capitalize on its market leadership in online safety and student wellbeing. The upcoming UK platform launch and continued expansion in the US K12 market are key catalysts to watch as the company aims to surpass its record FY2025 performance.