Stock Analysis
XMReality First Quarter 2024 Earnings: kr0.04 loss per share (vs kr0.078 loss in 1Q 2023)
XMReality (STO:XMR) First Quarter 2024 Results
Key Financial Results
- Revenue: kr7.34m (down 7.5% from 1Q 2023).
- Net loss: kr4.28m (loss narrowed by 35% from 1Q 2023).
- kr0.04 loss per share (improved from kr0.078 loss in 1Q 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
XMReality Earnings Insights
Looking ahead, 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.
Performance of the Swedish Software industry.
The company's shares are down 12% from a week ago.
Risk Analysis
You should learn about the 5 warning signs we've spotted with XMReality (including 3 which don't sit too well with us).
Valuation is complex, but we're helping make it simple.
Find out whether XMReality is potentially over or undervalued by checking out our comprehensive analysis, which includes fair value estimates, risks and warnings, dividends, insider transactions and financial health.
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About OM:XMR
XMReality
XMReality AB (publ) engages in the development and sale of solutions for knowledge transfer through augmented reality (AR) worldwide.
Exceptional growth potential and good value.