XMReality’s Annual Report for 2020 is now available on the company's website

XMReality’s Annual Report for 2020 and other AGM documents prior to the AGM on May 4th, 2021, are now available on the company's website at https://xmreality.com/investors/finansiella-rapporter-analyser-och-dokument/

Some of the highlights included in the 2020 annual report are:

• XMReality was selected by the world’s largest Food & Beverage company, Nestlé, as their supplier of Remote Guidance.
• Customer usage increased almost ten times during the year with uninterrupted high-quality services to all users.
• During the year XMReality has roughly doubled top line with a cost growth of only 7 percent.

“2020 has been a year of global change where digital transformation was accelerated and XMReality Remote Guidance shifted position from a ‘nice-to-have’ product to a ‘need-to-have’ product. The existing customer base has scaled up usage and we have signed a large number of new customers, which is clearly shown in a more than doubled Annual Recurring Revenues during the year.” - Jörgen Remmelg, CEO XMReality.

For more information, please contact:
Jörgen Remmelg, CEO XMReality
Phone: +46 739 822 409
E-mail: jorgen.remmelg@xmreality.se

About XMReality AB
XMReality develops and sells solutions that revolutionizes knowledge sharing through Augmented Reality (AR). The company is a market leader in Remote Guidance, which uses AR to guide onsite staff to enable quick dispositions, resolutions and/or problem prevention. The product is currently used in almost 60 countries. ABB, Nestlé, Electrolux, AB Inbev, Sidel, Hexagon, Bühler and Minibea Intec are some of the more than 80 customers. With operations in Sweden and US, XMReality is listed on Nasdaq First North (ticker: XMR). Further information is available under www.xmreality.com