XMReality Q3’19: Lower than expected sales growth
Research Note
2019-10-25
10:07
XMReality reported net sales of SEK 2.7m in Q3’19, corresponding to a negative growth of 10% q/q and 3% y/y. Software sales are yet increasing, but at a slower pace than expected. We will, therefore, lower our forecasts and valuation in our upcoming update.
DB
MS
Dennis Berggren
Magnus Skog
Disclosures and disclaimers