XRG has published its Activities Report and Appendix 4C for the 2Q 2023

xReality Group Limited (ASX: XRG) has published its Quarterly Activities Report and Appendix 4C, covering the period ending 30 June 2023, showcasing continued sales growth in the final quarter of the fiscal year. Notably, Operator XR achieved new sales, including a system license sold to the Australian Defence Force for the OP-1 Tactical Training software to support deployed troops.

The cumulative Total Contract Value (TCV) for Operator XR has experienced a 34% increase since Q2, reaching AU$1.4 million within the first year. Furthermore, cash receipts from operating activities amounted to AU$2,343,295 for the quarter, bringing the total for FY23 to AU$11,383,632. Additionally, the company has established a United States Law Enforcement and Military sales team while its entertainment portfolio continues to generate cash for future growth.

Customer Notice:

Nextgen Global Services Pty Ltd trading as Kapitales Research (ABN 89 652 632 561) is a Corporate Authorised Representative (CAR No. 1293674) of Enva Australia Pty Ltd (AFSL 424494). The information contained in this website is general information only. Any advice is general advice only. No consideration has been given or will be given to the individual investment objectives, financial situation or needs of any particular person. The decision to invest or trade and the method selected is a personal decision and involves an inherent level of risk, and you must undertake your own investigations and obtain your own advice regarding the suitability of this product for your circumstances. Please be aware that all trading activity is subject to both profit & loss and may not be suitable for you. The past performance of this product is not and should not be taken as an indication of future performance.

Kapitales Research, Level 13, Suite 1A, 465 Victoria Ave, Chatswood, NSW 2067, Australia | 1800 005 780 | info@kapitales.com