Aankondiging • Apr 28
XMReality AB (publ), Annual General Meeting, May 28, 2026 XMReality AB (publ), Annual General Meeting, May 28, 2026, at 10:00 W. Europe Standard Time. Location: companys premises sankt larsgatan 32a, linkoping Sweden Reported Earnings • Feb 18
Full year 2025 earnings released: kr0.003 loss per share (vs kr0.083 loss in FY 2024) Full year 2025 results: kr0.003 loss per share (improved from kr0.083 loss in FY 2024). Revenue: kr19.3m (down 19% from FY 2024). Net loss: kr3.83m (loss narrowed 84% from FY 2024). Recent Insider Transactions • Dec 22
Chairman of the Board recently bought kr60k worth of stock On the 15th of December, Bjorn Persson bought around 6m shares on-market at roughly kr0.01 per share. This transaction amounted to 2.7% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Bjorn has been a buyer over the last 12 months, purchasing a net total of kr3.6m worth in shares. Reported Earnings • Nov 19
Third quarter 2025 earnings released Third quarter 2025 results: Revenue: kr4.43m (down 18% from 3Q 2024). Net loss: kr506.0k (loss narrowed 91% from 3Q 2024). Reported Earnings • Aug 22
Second quarter 2025 earnings released Second quarter 2025 results: Revenue: kr4.99m (down 23% from 2Q 2024). Net loss: kr1.78m (loss narrowed 78% from 2Q 2024). New Risk • Jul 23
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Swedish stocks, typically moving 15% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-kr27m free cash flow). Share price has been highly volatile over the past 3 months (15% average weekly change). Shareholders have been substantially diluted in the past year (over 7x increase in shares outstanding). Market cap is less than US$10m (kr16.7m market cap, or US$1.76m). Minor Risk Revenue is less than US$5m (kr22m revenue, or US$2.3m). Reported Earnings • May 18
First quarter 2025 earnings released: kr0.001 loss per share (vs kr0.041 loss in 1Q 2024) First quarter 2025 results: kr0.001 loss per share (improved from kr0.041 loss in 1Q 2024). Revenue: kr5.14m (down 28% from 1Q 2024). Net loss: kr1.15m (loss narrowed 73% from 1Q 2024). Revenue is forecast to grow 23% p.a. on average during the next 2 years, compared to a 14% growth forecast for the Software industry in Sweden. Aankondiging • Apr 30
XMReality AB (publ), Annual General Meeting, Jun 03, 2025 XMReality AB (publ), Annual General Meeting, Jun 03, 2025, at 16:00 W. Europe Standard Time. Location: at the company`s premises at sankt larsgatan, 32a in linkoping, Sweden New Risk • Feb 19
New major risk - Revenue and earnings growth Earnings have declined by 3.2% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-kr35m free cash flow). Share price has been highly volatile over the past 3 months (13% average weekly change). Earnings have declined by 3.2% per year over the past 5 years. Shareholders have been substantially diluted in the past year (490% increase in shares outstanding). Market cap is less than US$10m (kr9.91m market cap, or US$921.4k). Minor Risks Currently unprofitable and not forecast to become profitable over next 2 years (kr3.0m net loss in 2 years). Revenue is less than US$5m (kr26m revenue, or US$2.4m). Recent Insider Transactions • Feb 12
Chairman of the Board recently bought kr1.8m worth of stock On the 4th of February, Bjorn Persson bought around 103m shares on-market at roughly kr0.017 per share. This transaction increased Bjorn's direct individual holding by 60x at the time of the trade. This was the largest purchase by an insider in the last 3 months. This was Bjorn's only on-market trade for the last 12 months. Major Estimate Revision • Nov 01
Consensus revenue estimates decrease by 11% The consensus outlook for fiscal year 2024 has been updated. 2024 revenue forecast fell from kr19.0m to kr17.0m. EPS estimate unchanged from -kr0.03 per share at last update. Software industry in Sweden expected to see average net income growth of 42% next year. Consensus price target down from kr0.14 to kr0.11. Share price rose 2.3% to kr0.022 over the past week. Reported Earnings • Oct 25
Third quarter 2024 earnings released: kr0.02 loss per share (vs kr0.065 loss in 3Q 2023) Third quarter 2024 results: kr0.02 loss per share (improved from kr0.065 loss in 3Q 2023). Revenue: kr5.40m (down 24% from 3Q 2023). Net loss: kr5.37m (loss narrowed 9.4% from 3Q 2023). Revenue is forecast to grow 37% p.a. on average during the next 3 years, compared to a 16% growth forecast for the Software industry in Sweden. Major Estimate Revision • Sep 25
Consensus revenue estimates decrease by 37% The consensus outlook for fiscal year 2024 has been updated. 2024 revenue forecast fell from kr30.0m to kr19.0m. EPS estimate unchanged from -kr0.03 per share at last update. Software industry in Sweden expected to see average net income growth of 35% next year. Consensus price target of kr0.14 unchanged from last update. Share price rose 13% to kr0.032 over the past week. Aankondiging • Sep 09
XMReality AB Announces CEO Changes Andreas Jonsson has informed the board that he wishes to resign from his position as CEO of XMReality AB. The board has appointed Alexander Sandström, currently the Chief Technology Officer of the company, as the new CEO of XMReality with immediate effect. Alexander Sandström, who takes over as the new CEO with immediate effect, has, since he started his position three years ago, continuously driven innovation and the development of XMReality's product with a focus on the customers. In addition to having broadened the product by launching several new important capabilities, such as step-by-step instructions, documentation, and third-party integrations, he has also laid the foundation for a scalable business by simultaneously developing the product to better support online purchases and self-service onboarding of new customers entirely on their own. This has contributed to the product's continued competitiveness, despite the recent downsizing of the company, and enables the business to continue to grow. The recent years of product development have given the company strong competitive advantages in the customer segment it has focused on for the past year, which is also evident from the large number of new customers the company has acquired since then. Alexander has been with XMReality since 2021 and has had a successful career in international leadership roles in product, product development, and marketing at companies such as Amazon, Net Insight, and Ericsson. New Risk • Aug 24
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Over 5x increase in shares outstanding. This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (23% average weekly change). Earnings have declined by 5.3% per year over the past 5 years. Shareholders have been substantially diluted in the past year (over 5x increase in shares outstanding). Market cap is less than US$10m (kr26.6m market cap, or US$2.62m). Minor Risk Revenue is less than US$5m (kr29m revenue, or US$2.8m). Aankondiging • Aug 22
XMReality AB (publ) has completed a Follow-on Equity Offering in the amount of SEK 25.722043 million. XMReality AB (publ) has completed a Follow-on Equity Offering in the amount of SEK 25.722043 million.
Security Name: Shares
Security Type: Common Stock
Securities Offered: 514,440,862
Price\Range: SEK 0.05
Transaction Features: Rights Offering Reported Earnings • Aug 02
Second quarter 2024 earnings released: kr0.08 loss per share (vs kr0.10 loss in 2Q 2023) Second quarter 2024 results: kr0.08 loss per share (improved from kr0.10 loss in 2Q 2023). Revenue: kr6.65m (down 11% from 2Q 2023). Net loss: kr8.11m (loss narrowed 14% from 2Q 2023). Revenue is forecast to grow 36% p.a. on average during the next 3 years, compared to a 16% growth forecast for the Software industry in Sweden. New Risk • Jul 05
New major risk - Revenue and earnings growth Earnings have declined by 5.3% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (27% average weekly change). Earnings have declined by 5.3% per year over the past 5 years. Market cap is less than US$10m (kr6.88m market cap, or US$654.3k). Minor Risks Less than 1 year of cash runway based on current free cash flow (-kr30m). Shareholders have been diluted in the past year (15% increase in shares outstanding). Revenue is less than US$5m (kr29m revenue, or US$2.7m). Reported Earnings • Apr 22
First quarter 2024 earnings released: kr0.04 loss per share (vs kr0.078 loss in 1Q 2023) First quarter 2024 results: kr0.04 loss per share (improved from kr0.078 loss in 1Q 2023). Revenue: kr7.34m (down 7.5% from 1Q 2023). Net loss: kr4.28m (loss narrowed 35% from 1Q 2023). Revenue is forecast to grow 33% p.a. on average during the next 3 years, compared to a 15% growth forecast for the Software industry in Sweden. New Risk • Apr 12
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Swedish stocks, typically moving 17% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-kr14m free cash flow). Share price has been highly volatile over the past 3 months (17% average weekly change). Market cap is less than US$10m (kr18.9m market cap, or US$1.73m). Minor Risks Shareholders have been diluted in the past year (19% increase in shares outstanding). Revenue is less than US$5m (kr29m revenue, or US$2.7m). Reported Earnings • Feb 16
Full year 2023 earnings released: kr0.35 loss per share (vs kr0.90 loss in FY 2022) Full year 2023 results: kr0.35 loss per share (improved from kr0.90 loss in FY 2022). Revenue: kr29.8m (down 2.2% from FY 2022). Net loss: kr31.3m (loss narrowed 15% from FY 2022). New Risk • Feb 12
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Swedish stocks, typically moving 8.7% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Market cap is less than US$10m (kr42.0m market cap, or US$4.04m). Minor Risks Currently unprofitable and not forecast to become profitable over next 2 years (kr15m net loss in 2 years). Share price has been volatile over the past 3 months (8.7% average weekly change). Shareholders have been diluted in the past year (19% increase in shares outstanding). Revenue is less than US$5m (kr31m revenue, or US$3.0m). Aankondiging • Feb 02
XMReality AB (publ) Appoints Frida Finér as New CFO, Effective from April 2, 2024 Frida Finér will assume the position of CFO at XMReality AB on April 2, 2024, as the current CFO, Lotta Ekerbring, retires. With substantial experience in finance and international collaboration, amongst others with the United States, Frida will be an asset to the company's ongoing international growth. With over 10 years of experience in finance and leadership roles, Frida Finér has held various positions within finance management in growing businesses in recent years. She has also run her own company for several years. Her most recent role is as Finance Director at Teledyne SP Devices. In that capacity, she gained valuable experience in international collaboration with both European and American units. Frida is an accounting graduate from Plushögskolan in Linköping. She will work in parallel with the current CFO for a period of time to ensure a smooth transition before officially assuming the role on April 2, 2024. Aankondiging • Jan 08
XMReality AB (publ) Announces Retirement of Lotta Ekerbring as CFO XMReality AB (publ) informed that the company's CFO, Lotta Ekerbring, has announced her intention to retire. Lotta Ekerbring has been CFO at XMReality since 2022 and will leave her position in the spring of 2024. The company is now starting the process of finding a successor. Lotta Ekerbring has announced that she wishes to retire in 2024, and the company will therefore initiate a process to find a successor. Lotta Ekerbring will remain in the role of CFO until a new CFO is appointed to ensure a smooth handover. Aankondiging • Dec 22
XMReality AB (publ) Announces Appointment of Nomination Committee XMReality announces that the nomination committee has been appointed ahead of the 2024 annual general meeting of shareholders. As resolved by the XMReality annual general meeting of shareholders in XMReality, the nomination committee will comprise representatives of the chairman of the board and the three large shareholders as of 30 September 2023. Ahead of the 2024 AGM, the members of the nomination committee are: Kent Söderström, representing Investment AB Spiltan. Torbjörn Andersson, representing Lamit AB. Joakim Fagerbakk, representing Klösen AB. Björn Persson, chairman of the board. Kent Söderström has been elected committe chairman. New Risk • Nov 28
New minor risk - Profitability The company is currently unprofitable and not forecast to become profitable over the next 2 years. Trailing 12-month net loss: kr31m Forecast net loss in 2 years: kr15m This is considered a minor risk. Companies that are not profitable are more likely to be burning through cash and less likely to be well established. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. Without profits, the company is under pressure to grow significantly while potentially having to reduce costs and possibly needing to take on debt or raise capital to remain afloat. Currently, the following risks have been identified for the company: Major Risks Shareholders have been substantially diluted in the past year (123% increase in shares outstanding). Market cap is less than US$10m (kr37.5m market cap, or US$3.63m). Minor Risks Currently unprofitable and not forecast to become profitable over next 2 years (kr15m net loss in 2 years). Share price has been volatile over the past 3 months (9.5% average weekly change). Revenue is less than US$5m (kr31m revenue, or US$3.0m). Aankondiging • Nov 15
XMReality AB (publ) has filed a Follow-on Equity Offering in the amount of SEK 5.949 million. XMReality AB (publ) has filed a Follow-on Equity Offering in the amount of SEK 5.949 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 13,834,884
Price\Range: SEK 0.43 Board Change • Nov 01
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. 1 highly experienced director. Independent Director Åsa Arvidsson was the last director to join the board, commencing their role in 2020. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Oct 28
Third quarter 2023 earnings: EPS exceeds analyst expectations while revenues lag behind Third quarter 2023 results: kr0.06 loss per share (improved from kr0.19 loss in 3Q 2022). Revenue: kr7.17m (down 3.0% from 3Q 2022). Net loss: kr5.92m (loss narrowed 25% from 3Q 2022). Revenue missed analyst estimates by 19%. Earnings per share (EPS) exceeded analyst estimates by 40%. Revenue is forecast to grow 30% p.a. on average during the next 3 years, compared to a 17% growth forecast for the Software industry in Sweden. Over the last 3 years on average, earnings per share has increased by 11% per year but the company’s share price has fallen by 51% per year, which means it is significantly lagging earnings. New Risk • Oct 11
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Swedish stocks, typically moving 8.9% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Shareholders have been substantially diluted in the past year (123% increase in shares outstanding). Market cap is less than US$10m (kr48.9m market cap, or US$4.48m). Minor Risks Less than 1 year of cash runway based on current free cash flow (-kr35m). Currently unprofitable and not forecast to become profitable over next 3 years (kr2.8m net loss in 3 years). Share price has been volatile over the past 3 months (8.9% average weekly change). Revenue is less than US$5m (kr32m revenue, or US$2.9m). Aankondiging • Aug 24
XMReality Appoints Lars Sandlund as Chief Sales Officer XMReality AB (publ) announced that starting in October, Lars Sandlund will join XMReality as Chief Sales Officer (CSO). Lars has most recently held the position of CEO at Dataton AB, a company that provides software and media servers to the professional audiovisual industry across the world. Lars will take over the position from Andreas Jonsson, who transitioned to the role of XMReality's CEO in May. Starting in October, Lars will lead XMReality's sales activities with the mission to help execute the company's growth strategy. Lars Sandlund has extensive experience working with global software sales and establishing successful partnerships. Apart from being the CEO at Dataton for the past seven years, he has also held positions as Chief Operating Officer and Sales Manager. He has been a key factor in achieving Dataton's growth. Major Estimate Revision • Jul 27
Consensus revenue estimates fall by 28% The consensus outlook for revenues in fiscal year 2023 has deteriorated. 2023 revenue forecast decreased from kr30.5m to kr22.0m. Forecast losses increased from -kr0.31 to -kr0.34 per share. Software industry in Sweden expected to see average net income growth of 49% next year. Consensus price target down from kr1.23 to kr1.13. Share price fell 3.7% to kr0.47 over the past week. Reported Earnings • Jul 20
Second quarter 2023 earnings: EPS and revenues miss analyst expectations Second quarter 2023 results: kr0.11 loss per share. Revenue: kr7.56m (down 14% from 2Q 2022). Net loss: kr9.41m (flat on 2Q 2022). Revenue missed analyst estimates by 1.2%. Earnings per share (EPS) also missed analyst estimates by 10.0%. Revenue is forecast to grow 25% p.a. on average during the next 3 years, compared to a 17% growth forecast for the Software industry in Sweden. Aankondiging • Jun 20
XMReality AB (publ) Adds Secure Enterprise Cloud Storage with Industry First Microsoft Onedrive Integration Documentation created during XMReality Remote Guidance sessions is now automatically stored on customer's own enterprise cloud, for secure and easy access. Customers retain full control over their sensitive data, while users get seamless access to all content. Documenting remote guidance sessions, such as support sessions or inspections, is important to spread knowledge and learn from past experiences. XMReality provides vast documentation capabilities, from capturing well-structured written notes, to one-click video recordings and instant visual snapshots. This makes it easy for users to capture all the information they need from a call. Visual documentation, such as video recordings and snapshots, often contain sensitive customer information and intellectual property rights. Therefore, protecting visual information is crucial not only during a call, but also when it is stored after a call. To do this, XMReality now lets customers store documentation on their own enterprise OneDrive storage service. Storage which they own, operate and fully control. XMReality is the first company in the industry to offer customers the ability use their native cloud storage solution for increased security. To start using cloud storage, customers simply enable Microsoft OneDrive for their organization, after which recordings and snapshots are automatically stored. Access and permissions, as well as file retention, is managed by the customer as part of their standard OneDrive configuration. This ensures that XMReality documentation always adheres to the customer's IT security and data access policies. Once enabled, all content can be easily accessed from within the XMReality desktop and web apps, and from any other app that supports Microsoft OneDrive, including Microsoft's Windows File Explorer and Apple's Finder. Recent Insider Transactions • Jun 12
Chairman of the Board recently bought kr51k worth of stock On the 9th of June, Bjorn Persson bought around 104k shares on-market at roughly kr0.49 per share. This transaction amounted to 24% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Bjorn has been a buyer over the last 12 months, purchasing a net total of kr340k worth in shares. Aankondiging • May 09
XMReality AB (publ) Announces CEO Changes, Effective May 15, 2023 XMReality AB (publ) announced that it has appointed Andreas Jonsson as the new CEO of the company. Andreas Jonsson takes up his new position on May 15, 2023. Andreas Jonsson is presently responsible for XMReality's sales and business development and thus steps into the CEO role with an excellent understanding of the company's operations, and especially the revenue side which is the company's current focus. Since Andreas started at the company at the end of 2021, he has both structured and increased the company's sales through partners. He has also been central in pushing through several important deals, including to several large customers. Andreas takes over from Jörgen Remmelg, who will retire. Andreas has a solid background in leadership and international marketing and sales. He has held several leading positions with focus on sales and customer relations at Ruag (now Beyond Gravity) and before that he worked at Autoliv with the development of camera systems and algorithms for automated driver assistance. Andreas therefore has a very good insight into the company's industrial customers' operations and the value the product creates. Andreas lives in Linköping and has a master's degree in Applied Physics and Electrical Engineering from Linköping University. Reported Earnings • May 01
First quarter 2023 earnings released: kr0.08 loss per share (vs kr0.26 loss in 1Q 2022) First quarter 2023 results: kr0.08 loss per share (improved from kr0.26 loss in 1Q 2022). Revenue: kr8.01m (up 43% from 1Q 2022). Net loss: kr6.59m (loss narrowed 39% from 1Q 2022). Revenue is forecast to grow 24% p.a. on average during the next 3 years, compared to a 19% growth forecast for the Software industry in Sweden. Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has fallen by 39% per year, which means it is significantly lagging earnings. Major Estimate Revision • Feb 23
Consensus EPS estimates upgraded to kr0.33 loss, revenue downgraded The consensus outlook for fiscal year 2023 has been updated. 2023 revenue forecast fell from kr26.0m to kr24.5m. 2023 losses expected to reduce from -kr0.61 to -kr0.33 per share. Software industry in Sweden expected to see average net income growth of 45% next year. Consensus price target down from kr2.10 to kr1.20. Share price fell 2.3% to kr0.60 over the past week. Reported Earnings • Feb 17
Full year 2022 earnings released: kr0.90 loss per share (vs kr0.84 loss in FY 2021) Full year 2022 results: kr0.90 loss per share (further deteriorated from kr0.84 loss in FY 2021). Revenue: kr31.2m (up 29% from FY 2021). Net loss: kr36.8m (loss widened 9.9% from FY 2021). Revenue is forecast to grow 24% p.a. on average during the next 3 years, compared to a 19% growth forecast for the Software industry in Sweden. Over the last 3 years on average, earnings per share has increased by 18% per year but the company’s share price has fallen by 40% per year, which means it is significantly lagging earnings. Price Target Changed • Nov 16
Price target decreased to kr1.00 Down from kr3.50, the current price target is provided by 1 analyst. New target price is 32% above last closing price of kr0.76. Stock is down 78% over the past year. The company is forecast to post a net loss per share of kr0.90 next year compared to a net loss per share of kr0.84 last year. Reported Earnings • Oct 22
Third quarter 2022 earnings: EPS and revenues miss analyst expectations Third quarter 2022 results: kr0.19 loss per share (further deteriorated from kr0.17 loss in 3Q 2021). Revenue: kr7.40m (up 29% from 3Q 2021). Net loss: kr7.90m (loss widened 12% from 3Q 2021). Revenue missed analyst estimates by 10%. Earnings per share (EPS) also missed analyst estimates by 5.6%. Revenue is forecast to grow 24% p.a. on average during the next 3 years, compared to a 21% growth forecast for the Software industry in Sweden. Over the last 3 years on average, earnings per share has increased by 24% per year but the company’s share price has fallen by 34% per year, which means it is significantly lagging earnings. Major Estimate Revision • Aug 18
Consensus revenue estimates fall by 14% The consensus outlook for revenues in 2022 has deteriorated. 2022 revenue forecast decreased from kr31.8m to kr27.4m. Forecast losses increased from -kr0.63 to -kr0.89 per share. Software industry in Sweden expected to see average net income growth of 29% next year. Consensus price target up from kr3.50 to kr4.00. Share price rose 13% to kr1.39 over the past week. Reported Earnings • Aug 15
Second quarter 2022 earnings: EPS exceeds analyst expectations while revenues lag behind Second quarter 2022 results: kr0.23 loss per share (down from kr0.19 loss in 2Q 2021). Revenue: kr9.04m (up 45% from 2Q 2021). Net loss: kr9.40m (loss widened 21% from 2Q 2021). Revenue missed analyst estimates by 25%. Earnings per share (EPS) exceeded analyst estimates by 4.2%. Over the next year, revenue is forecast to grow 47%, compared to a 33% growth forecast for the Software industry in Sweden. Over the last 3 years on average, earnings per share has increased by 30% per year but the company’s share price has fallen by 40% per year, which means it is significantly lagging earnings. Recent Insider Transactions • Jul 06
Chairman of the Board recently bought kr160k worth of stock On the 28th of June, Bjorn Persson bought around 120k shares on-market at roughly kr1.34 per share. This was the largest purchase by an insider in the last 3 months. Bjorn has been a buyer over the last 12 months, purchasing a net total of kr369k worth in shares. Recent Insider Transactions • May 05
Chairman of the Board recently bought kr117k worth of stock On the 2nd of May, Bjorn Persson bought around 73k shares on-market at roughly kr1.59 per share. This was the largest purchase by an insider in the last 3 months. This was Bjorn's only on-market trade for the last 12 months. Reported Earnings • Apr 29
First quarter 2022 earnings: EPS and revenues miss analyst expectations First quarter 2022 results: kr0.26 loss per share (down from kr0.17 loss in 1Q 2021). Revenue: kr5.80m (down 8.5% from 1Q 2021). Net loss: kr10.8m (loss widened 73% from 1Q 2021). Revenue missed analyst estimates by 17%. Earnings per share (EPS) also missed analyst estimates by 4.0%. Over the next year, revenue is forecast to grow 49%, compared to a 50% growth forecast for the industry in Sweden. Over the last 3 years on average, earnings per share has increased by 34% per year but the company’s share price has fallen by 38% per year, which means it is significantly lagging earnings. Price Target Changed • Apr 27
Price target decreased to kr3.50 Down from kr6.75, the current price target is an average from 2 analysts. New target price is 59% above last closing price of kr2.20. Stock is down 67% over the past year. The company is forecast to post a net loss per share of kr0.63 next year compared to a net loss per share of kr0.84 last year. Board Change • Apr 27
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 5 non-independent directors. Director Peter Gille was the last director to join the board, commencing their role in 2020. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Apr 16
Full year 2021 earnings: EPS and revenues miss analyst expectations Full year 2021 results: kr0.84 loss per share (down from kr0.80 loss in FY 2020). Revenue: kr24.2m (up 5.5% from FY 2020). Net loss: kr33.4m (loss widened 34% from FY 2020). Revenue missed analyst estimates by 8.8%. Earnings per share (EPS) also missed analyst estimates by 33%. Over the next year, revenue is forecast to grow 31%, compared to a 53% growth forecast for the industry in Sweden. Over the last 3 years on average, earnings per share has increased by 37% per year but the company’s share price has fallen by 26% per year, which means it is significantly lagging earnings. Major Estimate Revision • Feb 24
Consensus forecasts updated The consensus outlook for 2022 has been updated. 2022 revenue forecast fell from kr38.1m to kr28.6m. EPS estimate unchanged from -kr0.86 per share at last update. Software industry in Sweden expected to see average net income growth of 37% next year. Consensus price target down from kr6.75 to kr4.75. Share price fell 11% to kr2.67 over the past week. Reported Earnings • Feb 20
Full year 2021 earnings: EPS exceeds analyst expectations while revenues lag behind Full year 2021 results: kr0.84 loss per share (down from kr0.80 loss in FY 2020). Revenue: kr24.2m (up 5.5% from FY 2020). Net loss: kr33.4m (loss widened 34% from FY 2020). Revenue missed analyst estimates by 8.8%. Earnings per share (EPS) exceeded analyst estimates by 33%. Over the next year, revenue is forecast to grow 57%, compared to a 72% growth forecast for the industry in Sweden. Over the last 3 years on average, earnings per share has increased by 37% per year but the company’s share price has fallen by 22% per year, which means it is significantly lagging earnings. Aankondiging • Feb 18
XMReality AB (publ) to Report Fiscal Year 2022 Results on Feb 16, 2023 XMReality AB (publ) announced that they will report fiscal year 2022 results on Feb 16, 2023 Recent Insider Transactions • Nov 13
Chief Executive Officer recently bought kr117k worth of stock On the 11th of November, Jorgen Remmelg bought around 34k shares on-market at roughly kr3.41 per share. This was the largest purchase by an insider in the last 3 months. This was Jorgen's only on-market trade for the last 12 months. Price Target Changed • Oct 28
Price target decreased to kr6.75 Down from kr8.25, the current price target is an average from 2 analysts. New target price is 68% above last closing price of kr4.01. Stock is up 6.1% over the past year. The company is forecast to post a net loss per share of kr0.63 next year compared to a net loss per share of kr0.80 last year. Reported Earnings • Oct 22
Third quarter 2021 earnings released: kr0.17 loss per share (vs kr0.13 loss in 3Q 2020) The company reported a soft third quarter result with increased losses and weaker control over costs, although revenues improved. Third quarter 2021 results: Revenue: kr5.85m (up 18% from 3Q 2020). Net loss: kr7.03m (loss widened 59% from 3Q 2020). Over the last 3 years on average, earnings per share has increased by 37% per year but the company’s share price has fallen by 26% per year, which means it is significantly lagging earnings. Breakeven Date Change • Aug 18
No longer forecast to breakeven The 2 analysts covering XMReality no longer expect the company to break even during the foreseeable future. The company was expected to make a profit of kr16.0m in 2023. New consensus forecast suggests the company will make a loss of kr1.00m in 2023. Reported Earnings • Aug 14
Second quarter 2021 earnings released: kr0.19 loss per share (vs kr0.21 loss in 2Q 2020) The company reported a soft second quarter result with increased losses and weaker control over costs, although revenues improved. Second quarter 2021 results: Revenue: kr6.25m (up 2.5% from 2Q 2020). Net loss: kr7.75m (loss widened 8.2% from 2Q 2020). Over the last 3 years on average, earnings per share has increased by 34% per year but the company’s share price has fallen by 21% per year, which means it is significantly lagging earnings. Executive Departure • Jul 04
Chief Technology Officer Per Unell has left the company On the 1st of July, Per Unell's tenure as Chief Technology Officer ended. As of March 2021, Per still personally held only 1.00k shares (kr6.8k worth at the time). Per is the only executive to leave the company over the last 12 months. The current median tenure of the management team is 2.29 years. Executive Departure • Jul 04
Chief Technology Officer Per Unell has left the company On the 1st of July, Per Unell's tenure as Chief Technology Officer ended. As of March 2021, Per still personally held only 1.00k shares (kr6.8k worth at the time). Per is the only executive to leave the company over the last 12 months. The current median tenure of the management team is 2.29 years. Executive Departure • Jul 04
Chief Technology Officer Per Unell has left the company On the 1st of July, Per Unell's tenure as Chief Technology Officer ended. As of March 2021, Per still personally held only 1.00k shares (kr6.8k worth at the time). Per is the only executive to leave the company over the last 12 months. The current median tenure of the management team is 2.29 years. Executive Departure • Jul 04
Chief Technology Officer Per Unell has left the company On the 1st of July, Per Unell's tenure as Chief Technology Officer ended. As of March 2021, Per still personally held only 1.00k shares (kr6.8k worth at the time). Per is the only executive to leave the company over the last 12 months. The current median tenure of the management team is 2.29 years. Executive Departure • Jul 04
Chief Technology Officer Per Unell has left the company On the 1st of July, Per Unell's tenure as Chief Technology Officer ended. As of March 2021, Per still personally held only 1.00k shares (kr6.8k worth at the time). Per is the only executive to leave the company over the last 12 months. The current median tenure of the management team is 2.29 years. Executive Departure • Jul 04
Chief Technology Officer Per Unell has left the company On the 1st of July, Per Unell's tenure as Chief Technology Officer ended. As of March 2021, Per still personally held only 1.00k shares (kr6.8k worth at the time). Per is the only executive to leave the company over the last 12 months. The current median tenure of the management team is 2.29 years. Executive Departure • Jul 04
Chief Technology Officer Per Unell has left the company On the 1st of July, Per Unell's tenure as Chief Technology Officer ended. As of March 2021, Per still personally held only 1.00k shares (kr6.8k worth at the time). Per is the only executive to leave the company over the last 12 months. The current median tenure of the management team is 2.29 years. Executive Departure • Jul 04
Chief Technology Officer Per Unell has left the company On the 1st of July, Per Unell's tenure as Chief Technology Officer ended. As of March 2021, Per still personally held only 1.00k shares (kr6.8k worth at the time). Per is the only executive to leave the company over the last 12 months. The current median tenure of the management team is 2.29 years. Executive Departure • Jul 04
Chief Technology Officer Per Unell has left the company On the 1st of July, Per Unell's tenure as Chief Technology Officer ended. As of March 2021, Per still personally held only 1.00k shares (kr6.8k worth at the time). Per is the only executive to leave the company over the last 12 months. The current median tenure of the management team is 2.29 years. Executive Departure • Jul 04
Chief Technology Officer Per Unell has left the company On the 1st of July, Per Unell's tenure as Chief Technology Officer ended. As of March 2021, Per still personally held only 1.00k shares (kr6.8k worth at the time). Per is the only executive to leave the company over the last 12 months. The current median tenure of the management team is 2.29 years. Executive Departure • Jul 04
Chief Technology Officer Per Unell has left the company On the 1st of July, Per Unell's tenure as Chief Technology Officer ended. As of March 2021, Per still personally held only 1.00k shares (kr6.8k worth at the time). Per is the only executive to leave the company over the last 12 months. The current median tenure of the management team is 2.29 years. Executive Departure • Jul 03
Chief Technology Officer Per Unell has left the company On the 1st of July, Per Unell's tenure as Chief Technology Officer ended. As of March 2021, Per still personally held only 1.00k shares (kr6.8k worth at the time). Per is the only executive to leave the company over the last 12 months. The current median tenure of the management team is 2.29 years.