VR Education did not grow its revenues as much as expected in 2019.
The virtual reality technology company increased revenues by 42% to Euro1.02m. The loss was slightly lower than in 2018. The delayed launch of mobile headsets hampered progress. This should not be a problem anymore. There was €1.29m in cash at the end of 2019 and that should last another six months.
© 2020 Aim Micro. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.