XTI Aerospace Q1 2021 Earnings Report

Inpixon's revenue growth trend continued, augmented by award-winning technologies, delivering innovative indoor experiences.

Key Takeaways

Inpixon reported a 64% increase in revenue for Q1 2021 compared to the same period last year, driven by product sales related to the Systat and RTLS product lines. The company also completed strategic transactions, including the acquisition of The CXApp and Visualix, to enhance its Indoor Intelligence platform.

Revenue increased by 64% compared to the same period last year.

Acquired The CXApp, a smart workplace app and hybrid events solution provider.

Added augmented reality (AR) technologies from Visualix to the Indoor Intelligence platform.

Settled a note receivable for approximately 16 million shares of Sysorex, Inc.

Previous year: -$69.2

-91.3%