XTI Aerospace Q4 2020 Earnings Report

Inpixon's revenue increased by 48% and the company reported a net loss attributable to stockholders.

Key Takeaways

Inpixon reported a 48% increase in revenue for the fiscal year ended December 31, 2020, driven by acquisitions and growth in existing product lines. The company's net loss decreased compared to the prior year, and it entered 2021 with a strong balance sheet.

Revenue increased 48% compared to the same period last year.

Completed acquisitions, adding technological capabilities and expanding operations in Europe.

Entered 2021 with approximately $18 million of cash and cash equivalents as of December 31, 2020.

Accelerating growth strategy focused on Indoor Intelligence for people, places and things.

Total Revenue

$3.86M

Previous year: $1.91M