 communications products and reported interims to June.){kind=link}
This technology company is commercialising its Crossed Reality (XR) communications products and reported interims to June. It is virtually in line with expectations as revenue increased by 83% to €1.25m and the target €10m turnover by year-end 2023 implies a turnover doubling every six months. Its planned continued investment capabilities widen pre-tax loss to €1.3m (€1.1m), although EBITDA loss is flat at €1.0m. Gross margins are around 80% so increased turnover accelerates to profits. The price increased to 17.5p and the Mkt Cap is £51m.
In June 2021 £7.7m was raised at an over-subscri...
