XMReality Q1’19: First comment

Research Note

2019-04-24

09:49

XMReality reported sales of SEK 3m in Q1 (55% growth y/y) where the deviation to our forecast (SEK 3.4m) mainly is explained by expectations of higher hardware sales, which is less critical to the long term case. Costs were at the same time lower than expected, resulting in improved EBIT. The most crucial factor is that software sales continue to increase at a rapid pace.

DB

Dennis Berggren

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