VR Education Holdings (VRE) expects FY20 revenue growth of around 38% to €1.42m. This was
driven by substantial growth in ENGAGE revenue and its user base, with ENGAGE now
accounting for over 40% of group revenue. While ENGAGE benefited from changes resulting
from COVID, they also caused museum closures, which reduced Showcase Experience revenues.
VRE has also outlined its medium-term outlook objectives for 2023 – 2025. Key targets include
ENGAGE revenue of €10m, 500 active enterprise custo ....
22 Jan 2021
VR Education Holdings: Trading update and medium-term objectives
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VR Education Holdings: Trading update and medium-term objectives
Engage XR Holdings PLC (EXR:LON) | 1.8 0 0.0% | Mkt Cap: 9.71m
- Published:
22 Jan 2021 -
Author:
Shard Capital Research Team -
Pages:
2
VR Education Holdings (VRE) expects FY20 revenue growth of around 38% to €1.42m. This was
driven by substantial growth in ENGAGE revenue and its user base, with ENGAGE now
accounting for over 40% of group revenue. While ENGAGE benefited from changes resulting
from COVID, they also caused museum closures, which reduced Showcase Experience revenues.
VRE has also outlined its medium-term outlook objectives for 2023 – 2025. Key targets include
ENGAGE revenue of €10m, 500 active enterprise custo ....