XMReality Interim report, Group overview, July – September 2022
The Annual Recurring Revenues (ARR) turned slightly in a positive direction and increased 2 percent compared to Q2 this year. Net Sales decreased by 15 percent compared with the previous period. The company also communicates its financial goals.The Quarter July – September 2022, The Group · Net sales amounted to SEK 4,482 thousand (5,286). · Costs totaled SEK -15,311 thousand (-12,777). · The operating loss before taxes was SEK -7,895 thousand (-7,022). · Cash flow was SEK -10,973 thousand (-9,294) and the equity/assets ratio at the end of the period was 52.1 (80.9) percent.