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Jun 30, 2021
XTI Aerospace Q2 2021 Earnings Report
Inpixon reported a net income of $14.8 million and a 221% increase in revenue year-over-year.
Key Takeaways
Inpixon reported a significant increase in revenue and net income for Q2 2021. Revenue increased by 221% compared to the same period last year, and net income attributable to stockholders was $14.8 million, primarily due to the settlement of a note receivable with equity.
Revenue increased by 221% year-over-year, reaching $3.5 million.
Net income attributable to stockholders was $14.8 million, compared to a loss of $7.3 million in the prior year.
Gross profit increased by 232% with a gross profit margin of 74%.
The company has approximately $70 million available, including $24.9 million in cash and $45.3 million in short-term investments.
Forward Guidance
Inpixon is well-positioned to aggressively penetrate the Indoor Intelligence market and looks forward to providing updates regarding contract wins and technology enhancements.
Historical Earnings Impact
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Avg. Return Before/After Earnings
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