As of July 1[st], Alexander Sandström joins XMReality as its new Chief Technology Officer. Alexander most recently comes from Amazon and has further international experience from, among others, the multinational telecommunications company Ericsson
XMReality AB (publ) has received an order from IMI division Critical Engineering for XMReality Remote Guidance. The contract covers a 24-month software subscription including branding which is additional
The Annual Recuring Revenue (ARR) increased by 95 precent. Net sales during the quarter rose by 68 percent with a corresponding cost growth of 16 percent
XMReality has received orders from a global food and beverage production company totalling 800 000 SEK. The orders cover annual software subscriptions with automatic renewal and contain as such no hardware. The amount is for the first year. The main use case is maintenance, covering both predictive and unscheduled work which might also include the original equipment manufacturer when their expertise is needed
XMReality’s annual report for 2020 and other documents prior to the AGM on May 4th, 2021, are now available on the company's website at https://xmreality.com/investors/finansiella-rapporter-analyser-och-dokument/
Kongsberg Precision Cutting Systems, a manufacturer of state-of-the-art digital cutting systems used for precision cuts at high speeds for packaging, signage, and display purposes has signed a two-year software contract for XMReality Remote Guidance
Today XMReality released several new product features where the most notable new functionality is a fully web-based solution, i.e. runs in the browser without the need to download any software. The ‘Web Guide Station’ includes support for one of XMReality’s key guiding features; Hands-Overlay, and is the first fully web-based solution with this function in the market
XMReality has signed a three-year software subscription contract with Heineken. The contract is worth 2,2 million SEK over a three-year period. The prioritized use cases are equipment diagnostics, technical support and training, auditing, installation, and commissioning
In this video (https://youtu.be/M-VV_wErmkA) Jörgen Remmelg, CEO of XMReality, provides his view on the result in the Year-end report together with the company’s CMO, Johanna Edepil. They cover the main metrics and also talk about what effect the covid-19 pandemic has had on the 2020 full year result
A record quarter and a record year! Net Sales grew under the quarter with 119 percent and the Order Intake with 86 percent. The Net Sales growth on an annual basis was 74 percent, the corresponding number for the Annual Recurring Revenues (ARR) was 117 percent