XMReality AB (publ), Year-end Report 2019
Order intake and billing in 2019 for software-as-a-service subscriptions (SaaS), which are now the company’s dominant source of revenue, increased by 86 percent and correspond to 96 (70) percent of XM Reality’s total order intake and billing. The gross margin rose to 93 (82) percent for the full year and 95 (83) percent in the fourth quarter. The company now has XMReality Remote Guidance subscription agreements with 55 customers.The quarter: October–December 2019 · Net sales amounted to SEK 3,222 thousand (3,250). · Costs totaled SEK -12,374 thousand (-13,124). · The operating