As announced on April 19, the board of XMReality AB (publ) has, for precautionary reasons, decided to draw up a balance sheet for liquidation purposes. It has now been reviewed by an auditor and shows that the share capital is completely intact
XMReality AB (publ) receives bridge financing in the form of owner loans of 1.5 MSEK
XMReality has signed a new client deal with Mission Restaurant Supply, one of the largest dealers of food service equipment and supplies in the US
Total order intake for Q1 2024 has increased by 54 percent compared to Q1 2023. However, net sales was down year-over-year, and the company's ARR was also down somewhat, both as a result of continued downsizing for some larger customers who don't have the same licensing needs as during the pandemic. The company's measures to reduce the cost base that were implemented at the end of 2023 are now yielding results in the form of 20 percent lower costs for Q1 2024 compared to Q1 2023
XMReality's board has decided to publish the report for the first quarter of the financial year on Monday, April 22, 2024, instead of May 30, as previously communicated in the Company's financial calendar. The reason for the date change is that the work on the interim report has been completed earlier than planned
Today, the board of XMReality AB (publ) has decided to draw up a balance sheet for liquidation purposes. The decision has been taken for precautionary reasons, and the board expects the share capital to remain intact
XMReality is pleased to announce it has been selected as a software supplier by the Amico Group of Companies, a prominent manufacturer and global distributor of equipment in the hospital space. Amico manufactures a broad range of hospital products throughout its eight campus locations in North America. This implementation aims to elevate the support of maintenance and installation of medical equipment by deploying XMReality’s Remote Guidance software within Amico’s operations
XMReality's existing working capital is estimated to last until mid-May 2024. The board of XMReality is working to ensure the continued working capital needs of the business through loans and/or a share issue.The company’s Certified Adviser is Carnegie Investment Bank AB (publ)Email: certifiedadviser@carnegie.se
KNV Energietechnik GmbH is located in Austria and has been part of NIBE Industrier AB since 2008. KNV is one of the leading players in the Austrian heat pump market, with more than 250 installation companies selling its environmentally friendly and efficient energy systems. KNV is now implementing XMReality Remote Guidance to enhance the efficiency of technicians and support even further
Sumitomo (SHI) Demag Plastics Machinery North America Inc., a leading provider of high-quality injection molding machinery, will implement XMReality Remote Guidance into its operations. This is to further strengthen their customer support services by leveraging remote support powered by augmented reality (AR)