XTI Aerospace Q4 2021 Earnings Report
Key Takeaways
Inpixon reported a 72% increase in revenue year-over-year, resulting in $16 million for the fiscal year ended December 31, 2021. The company maintained gross margins at 70% and improved operations through strategic acquisitions, expanding its technologies and solutions.
Increased revenue more than five-fold over the last four years.
Maintained gross margins at 70% while increasing recurring revenue.
Completed three strategically significant acquisitions to enhance the Indoor Intelligence platform.
Secured important contracts with top-tier organizations and expanded relationships with existing customers.
XTI Aerospace
XTI Aerospace
Forward Guidance
Inpixon expects to achieve even higher revenue growth in 2022, with a focus on organic growth within existing product lines. The company anticipates demand for its solutions to remain strong due to digital transformation and opportunities within the corporate environment, metaverse, Industry 4.0, and AR markets.