Stay Ahead of the Market:
- Discover outperforming stocks and invest smarter with Top Smart Score Stocks
- Filter, analyze, and streamline your search for investment opportunities using Tipranks' Stock Screener
VR Education Holdings ( (GB:EXR) ) has issued an update.
ENGAGE XR Holdings reported lower than expected revenue for 2024, primarily due to delays in finalizing contracts in the Middle East, although recurring revenues rose to 70% of total revenue. The company anticipates significant growth in 2025 through partnerships in the education and training sectors, aiming for a cash flow break-even by the end of FY25, supported by a strong client base and strategic long-term contracts.
More about VR Education Holdings
ENGAGE XR Holdings plc is a leading company in the Metaverse and Spatial Computing technology sector. The company focuses on providing virtual communication solutions through its corporate metaverse platform, ENGAGE Link, and offers a proprietary software platform for VR content in education, training, and online events.
YTD Price Performance: 3.45%
Average Trading Volume: 503,642
Technical Sentiment Consensus Rating: Buy
Current Market Cap: £3.15M
Learn more about EXR stock on TipRanks’ Stock Analysis page.