Stockholm, November 21, 2017 - XMReality is offering AR based solutions for knowledge sharing towards global companies wishing to improve their service operations. The company is unique in its software offering and we believe that XMReality has potential to show high growth the coming years.
AR is no longer regarded as science fiction and numerous leading global industrials are either using or evaluating AR based solutions for rationalization purposes, which is demonstrated by XMReality’s impressive list of customers.
We initiate coverage of XMReality with a fair value of SEK 14.5 per share in the most likely base scenario. Our bear and bull scenarios yield fair values of SEK 6.5 per share and SEK 23 per share, respectively.
Redeye is the next generation equity research and investment banking company, specialized in Life Science and Technology. We are the leading providers of Corporate Broking and Corporate Finance in these sectors. Our clients are innovative growth companies in the Nordics and we use a unique Rating model built on a value-based investment philosophy. Redeye was founded 1999 in Stockholm and is regulated by the Swedish Financial Authority (Finansinspektionen).