Frida Finér will assume the position of CFO at XMReality AB on April 2, 2024, as the current CFO, Lotta Ekerbring, retires. With substantial experience in finance and international collaboration, amongst others with the United States, Frida will be an asset to the company's ongoing international growth
XMReality AB (publ) informs today that the company's CFO, Lotta Ekerbring, has announced her intention to retire. Lotta Ekerbring has been CFO at XMReality since 2022 and will leave her position in the spring of 2024. The company is now starting the process of finding a successor
XMReality announces that the nomination committee has been appointed ahead of the 2024 annual general meeting of shareholders
2023 has been a year of record strong customer growth for XMReality as a result of an adjusted sales strategy, and the company has recently implemented several cost savings totaling SEK 20 million on an annual basis. The strategy adjustment and the associated cost reduction aim to reach the goal of positive cash flow in 2024
XMReality continues its growth in the US market, having increased the number of US customers by more than 160 percent so far this year. The latest addition is Follett Products, LLC, a distinguished provider of ice and beverage dispensing solutions, as well as medical-grade refrigerators and freezers for the foodservice and healthcare sectors. Follett Products has introduced XMReality's Remote Guidance™ software into its operations to deliver cutting-edge support to its customer base
XMReality AB (publ) has terminated the liquidity provider assignment with Erik Penser Bank AB and has appointed Carnegie Investment Bank AB as new liquidity provider starting on November 30th 2023
Freudenberg e-Power Systems, a global leader in the development and production of emission-neutral energy systems for heavy-duty applications, has started to use XMReality for field service operations. Freudenberg is dedicated to providing energy systems contributing to a sustainable and clean future, and with XMReality Remote Guidance they are making field service operations more sustainable through less travel
The Board of Directors of XMReality AB (publ) (“XMReality” or the “Company”) has, with authorization from the annual general meeting held on May 4, 2023, resolved on a directed share issue of 13 834 884 shares at a subscription price of SEK 0.43 per share to Investment AB Spiltan, Rotakorn Electronics Holding AB, Rambas AB and certain other existing well-capitalized and reputable shareholders (the “Directed Share Issue”). Through the Directed Share Issue, XMReality will be provided with approximately SEK 5.95 million before transaction costs
Coor and XMReality have signed a framework agreement to deliver XMReality Remote Guidance. Coor is a leading provider of integrated Facility Management services in the Nordics. Coor Sweden has been a customer of XMReality since 2022 and has used the solution on the Swedish market. The new framework agreement is written with Coor Group, which covers all of Coor's units, and aims to make it easier to increase the use of XMReality for the entire Nordic region
XMReality announces that it has signed a new client deal with ICETRO America, a global leader in the manufacturing of commercial machinery for ice cubes, soft serve ice cream, slush, and ice/water dispensers