XR Immersive Tech Inc. operates a virtual reality location management and content licensing platform. The company shows a strong gross margin of 99.6%, indicating effective cost management, but faces significant concerns with negative EBITDA and net margins, suggesting ongoing operational losses. Additionally, a low current ratio of 0.06 raises liquidity concerns, potentially impacting short-term financial stability. While high margins are promising, the overall financial health score of 38/100 and negative returns on assets highlight the need for improved profitability and cash management.
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Company has $7K in cash but burned $54K last quarter. At this burn rate, only 0.1 quarters of runway remain without additional financing.
Company posted a loss of $-3.5M over the last year, representing 503.4% of revenue.
Debt of $5.7M is 819.8x the company's cash position of $7K.
Exceptional gross margin of 98.6% indicates strong pricing power and competitive moat.
Valuation, risk assessment, competitive positioning, and key insights — all in one report.
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Based on 2024-Q3 (September 30, 2024)