ENGAGE XR’s FY25 results show revenue of €1.9m including +4% growth in education licence revenue, the renewal of the largest customer in May 2026, and a promising outlook that leads us to expect FY27E revenue of €3.7m with adjusted EBITDA of +€0.2m and EFCF of +€0.1m. FY25 revenue of €1.9m compares to €3.4m in FY24, where the strategic focus on education licence revenue drove +4% growth to €1.3m, while Enterprise revenue of €0.3m vs €1.2m in FY24 reflects lower corporate renewals and a change in ....
