XMReality Interim report, Group overview, January–March 2022
Order backlog increased with 10 percent compared with the same quarter last year, Net sales decreased with 16 percent and the Gross margin increased from 90 to 94 percent
Order backlog increased with 10 percent compared with the same quarter last year, Net sales decreased with 16 percent and the Gross margin increased from 90 to 94 percent
XMReality’s annual report for 2021 is now available on the company's website in both Swedish and English. Other documents prior to the AGM on May 4th, 2022, are now available as well on the company's website at https://www.xmreality.com/investerare/rapporter-analyser?hsLang=en
This week XMReality has launched two new product plans available for purchase directly online. XMReality has since late 2019 provided the market with the option to purchase a mobile-only version of the product online, called XMReality Business. As adoption of the technology has grown, and with that user sophistication, XMReality is now launching two new product plans, Professional and Professional Plus. Both plans are more comprehensive with extended functionality compared to Business
On a full year basis the Net Sales totaled SEK 21,975 thousand representing a 6 percent increase, at the same time as the Order Backlog rose by 34 percent. The Annual Recurring Revenues (ARR) increased 6 percent during the year. The fourth quarter Net Sales was SEK 5,101 thousand, compared to SEK 7,072 thousand the corresponding quarter the previous year. Order Intake became SEK 25,964 thousand for the full year
As of March 1[st], Lotta Ekerbring will take over as Chief Finance Officer (CFO) at XMReality. Lotta will replace the current CFO, Claes Pettersson, who will leave the company for retirement. Lotta will contribute with significant experience in the field and has previous experience as CFO in a high-tech company with subsidiaries in North America
Verisure SARL, the Swiss headquarter of Verisure, and XMReality AB have signed a global framework agreement for XMReality Remote Guidance. Verisure will initially make a deployment of XMReality Remote Guidance in their technical support function for home alarms in Sweden
As of January 1, Tim Koeppl joins XMReality as its new President of XMReality Inc., the U.S. based subsidiary of XMReality AB. Tim most recently led an advanced technologies integration program to enable the US Department of Defense to adopt new technologies and software to modernize supply chain and maintenance capabilities
Ultimo and XMReality launch a partnership to help customers improve efficiency and increase safety in field maintenance jobs. Swedish-based XMReality is a remote support platform that allows people to connect with colleagues or external experts to guide, inspect, verify or troubleshoot. The Enterprise Asset Management (EAM) software provider Ultimo helps technical services and maintenance professionals gain better control over their assets. The partnership will enhance and simplify how on-site tasks are executed in Ultimo
Procurement for Housing (PfH) and XMReality has signed a framework agreement for XMReality Remote Guidance. The availability of Remote Guidance has been requested by the PfH member organizations and is now a catalogue product
XMReality Remote Guidance is now available in Salesforce, an integration making XMReality a natural part of already established support processes. This enables service agents and field technicians working in Salesforce to quickly start a Remote Guidance call and solve customers' support requests faster. XMReality’s customers can now easily make Remote Guidance an integrated part of their existing workflows