ENGAGE XR’s FY24 results show FY24 financials in line to ahead of the January trading update, a Q2 25 cost-saving programme that reflects the focus on scaling licence revenue and is expected to drive FY26E opex to €4.0m from €6.9m in FY24, and a promising outlook that leads us to introduce FY25E and FY26E forecasts. FY24 revenue of €3.4m includes +13% growth in high-margin licence revenue to €2.5m, and as highlighted in H1 24, management is now strategically focused on scaling Education licence ....

03 Jun 2025
Engage XR Holdings - Streamlined operations and a promising pipeline

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Engage XR Holdings - Streamlined operations and a promising pipeline
Engage XR Holdings PLC (EXR:LON) | 1.0 0 2.7% | Mkt Cap: 4.99m
- Published:
03 Jun 2025 -
Author:
Michael Hill -
Pages:
18 -
ENGAGE XR’s FY24 results show FY24 financials in line to ahead of the January trading update, a Q2 25 cost-saving programme that reflects the focus on scaling licence revenue and is expected to drive FY26E opex to €4.0m from €6.9m in FY24, and a promising outlook that leads us to introduce FY25E and FY26E forecasts. FY24 revenue of €3.4m includes +13% growth in high-margin licence revenue to €2.5m, and as highlighted in H1 24, management is now strategically focused on scaling Education licence ....