XMReality signs new deal with Mission Restaurant Supply
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
XMReality Interim report Group overview, January - March 2024
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 AB (publ) announces that the publication of the interim report for Q1 2024 will take place on April 22
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
XMReality AB (publ) prepares a balance sheet for liquidation purposes
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 implemented at Amico to enhance medical equipment support
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 AB (publ) - update regarding the company's working capital needs
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
XMReality expands to NIBE-owned KNV in Austria
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 implements XMReality Remote Guidance
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)
XMReality Year-end report 2023, Group overview
The total order intake for the year increased by 8 percent for 2023 compared to 2022. As a result of strong customer growth, XMReality now has more than 150 customers. Net sales increased by 5 percent in 2023 compared to 2022, while the quarter was unchanged compared to the same period last year. The company has significantly reduced costs during the quarter and will enter 2024 with a cost mass that is approximately SEK 20 million lower on an annual basis. For the full year 2023, costs were 10 percent lower compared to 2022, and for the quarter, costs were down 6 percent compared to the last quarter of last year. The effects of the cost adjustments will be visible from the beginning of 2024
XMReality signs new client deal with Kloppenberg
XMReality has added Kloppenberg, a subsidiary of the Middleby Corporation, to its growing clientele. This collaboration further solidifies XMReality's position as a trusted partner for delivering cutting-edge remote support services to the food service manufacturing industry in the United States