XMReality: Broadening its market

Research Update

2019-08-27

07:30

During Q2, XMReality announced an offering towards small and mid-sized businesses, which will increase the size of its addressable market. It also continues to attract new customers that bring solid revenue potential, but only a few of its existing customers have yet started to place larger software orders. The current growth rate and the announced agreements thus far do not support our previous forecasts, and we have therefore revised our estimates in this report, which brings an updated fair value range.

DB

Dennis Berggren

Disclosures and disclaimers

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