XReality Group Ltd (AU:XRG) has released an update.
Don't Miss our Black Friday Offers:
- Unlock your investing potential with TipRanks Premium - Now At 40% OFF!
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
xReality Group Ltd’s Operator XR has made significant strides in the military and law enforcement sectors, achieving a Total Contract Value of $7.13 million for FY25 year-to-date, up from $4.1 million at the end of FY24. The company’s Annual Recurring Revenue has surged by 59% to $3.54 million, bolstered by key projects like the ongoing $5.6 million contract with the United States Department of Defence. These developments highlight Operator XR’s growing market penetration and potential for future opportunities.
For further insights into AU:XRG stock, check out TipRanks’ Stock Analysis page.