Inactive Instrument

NeXR Technologies SE Xetra

NXR

DE000A1K03W5

NeXR Technologies SE Provides Earnings Guidance for the Year 2021

April 30, 2021 at 01:30 am EDT

NeXR Technologies SE provided earnings guidance for the year 2021. For the year, the company expects revenues between EUR 1.5 million and EUR 3.0 million and a net loss between EUR 12.5 million and EUR 13.5 million due to market launch costs.

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Company Profile

NEXR Technologies SE, formerly known as Staramba SE, is a Germany-based company that develops technologies and apps combining virtual reality (VR), augmented reality (AR), mixed reality (MR) and extended reality (XR). It operates through its subsidiaries VRIDAY, 3D Instagraph and Motion Capture Studio OnPoint. VRIDAY operates as an agency offering consulting, planning, implementation and publishing of VR experiences for companies and brands. The technology of 3D Instagraph is used for the creation of 3D (three dimensional) avatars, which can be animated and integrated into virtual worlds with the help of the Motion Capture Studio OnPoint. 3D Instagraph develops and distributes its own 3D scanners and application software. With the help of the scanners photorealistic 3D avatars can be generated in seconds. The Company provides its solutions to companies, brands and educational institutions, among others.

Sector

IT Services & Consulting

Calendar

2024-04-25 - Q4 2023 Earnings Release (Projected)

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