Press Releases

XMReality Interim report Group overview, January - March 2024

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 is implemented at Amico to enhance medical equipment support

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 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

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

XMReality Year-end report 2023, Group overview

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 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