AURE · Aurelion Inc.

Aurelion Inc., the world's first NASDAQ-listed Tether Gold (XAU₮) treasury company, delivered a transformative Q2 fiscal 2026 with net income of $7.9 million, reversing a $3.0 million loss from the prior year quarter. This swing was primarily powered by $10.9 million in unrealized gains on XAU₮ holdings due to gold price appreciation, as highlighted in the income statement where unrealized gains offset operating expenses of $1.9 million in sales, marketing, and general administration. CEO Bjorn Schmidtke emphasized the quarter's progress in positioning Aurelion as a digital gold treasury leader, integrating AI and RWA tokenization. Key business highlights include the April 24 commitment of 10,000 XAU₮ units (approx. $48 million) to the XAUE protocol, enabling yield on gold holdings while maintaining asset exposure, and the March launch of AI agent Duncan.Aure for market education, automated XAU₮ trading, DeFi execution, and allocation strategies. Balance sheet strength is evident with NAV at $116.4 million (33,318 XAU₮ units), up significantly from prior periods, supported by $155.5 million in XAU₮ and $2.1 million cash, offset by $41.2 million related-party debt. NAV per share stood at $3.16 with 36.8 million shares outstanding post 1-for-10 consolidation. Six-month results show even stronger $16.7 million net income, underscoring momentum in tokenized gold strategy amid gold appreciation and innovation initiatives. Investors should note ongoing risks from digital asset volatility, protocol participation, and related-party exposures as outlined in safe harbor statements.