XMReality Second Quarter 2024 Earnings: kr0.08 loss per share (vs kr0.10 loss in 2Q 2023)

XMReality (STO:XMR) Second Quarter 2024 Results

Key Financial Results

• Revenue: kr6.65m (down 11% from 2Q 2023).
• Net loss: kr8.11m (loss narrowed by 14% from 2Q 2023).
• kr0.08 loss per share (improved from kr0.10 loss in 2Q 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 36% p.a. on average during the next 3 years, compared to a 16% growth forecast for the Software industry in Sweden.

Performance of the Swedish Software industry.

The company's shares are up 3.6% from a week ago.

Risk Analysis

Don't forget that there may still be risks. For instance, we've identified 7 warning signs for XMReality (4 can't be ignored) you should be aware of.

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