We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Register for real-time alerts, custom portfolio, and market movers
| Share Name | Share Symbol | Market | Stock Type |
|---|---|---|---|
| Vr Education Holdings Plc | VRE | London | Ordinary Share |
| Price Change | Price Change % | Share Price | Last Trade
|
|
|---|---|---|---|---|
| 0.00 | 0.00% | 18.45 | 01:00:00 |
| Open Price | Low Price | High Price | Close Price | Previous Close |
|---|---|---|---|---|
| 18.45 | 18.45 |
| Top Posts |
|---|
Posted at 29/10/2021 10:25 by turbocharge 29 October 2021ENGAGE awarded ISO27001 certification VR Education Holdings plc, a virtual reality ('VR') technology company which recently confirmed its planned name change to ENGAGE XR Holdings plc[1], is pleased to announce that the group company and its proprietary software platform ENGAGE has been awarded ISO27001 certification. David Whelan, CEO, VRE, said: "Information security is critical to our customers, and we are delighted that we have been awarded ISO27001 certification, reflecting the emphasis we place on ensuring the highest standards of safety. "For ENGAGE it means that the lengthy security audits required by our larger corporate customers, should now only take a fraction of the time, speeding up the adoption of ENGAGE, which has already seen its user numbers grow quickly in the last 12 months. "Being able to accelerate through the procurement process will help the roll out of our planned corporate metaverse, codenamed ENGAGE Oasis, next year. Much is being said about metaverses recently, and it is clear it is an area that businesses around the world are looking at closely. Today's announcement makes it easier for larger companies to engage with us and work together on their metaverse strategies." |
Posted at 21/10/2021 12:07 by turbocharge 21 October 2021VR Education Holdings plc (AIM: VRE; Euronext Growth: 6VR), a virtual reality ('VR') technology company, is pleased to announce that at its Extraordinary General Meeting ("EGM) held today, all resolutions were duly passed, including the proposed change of Group name to ENGAGE XR Holdings plc. It is expected that the change will take effect from 4 November 2021, and the Group's ticker for AIM and Euronext Growth will be EXR. The Group's website address (including its investor relations content) is now www.engagexrholdings The change of name reflects better the strategic focus of the Group, which is to become a leading global provider of virtual communications solutions through its proprietary software platform, ENGAGE. ENGAGE provides users with a platform for creating, sharing, and delivering VR content for education, training, and online events through its three solutions: Virtual Campus, Virtual Office, and Virtual Events. The significant growth in the commercial use of the Group's ENGAGE platform, as reported at the Group's interim results on 14 September 2021, means that ENGAGE revenue comprises 72% of total Group revenue. Since the Group's interim results, ENGAGE has continued to grow, including the recent signing of a contract with one of the world's leading professional services groups to use the platform. Annual ENGAGE revenue compound annual growth rate (CAGR) is in excess of 100%, meaning that one of the Group's medium-term financial targets for 2023-25, announced in January 2021, has already been met for 2021. David Whelan, CEO, VRE, said: "This is another significant milestone for the Group, as we look to the future, and build on the success of ENGAGE. The change of name will help with our future sales and marketing efforts. Since we published our results, ENGAGE has continued to attract new blue-chip customers from around the world. We are also pleased that we have already hit one of the medium-term financial targets, as annual ENGAGE revenue CAGR exceeds 100%, underlining the positive progress of the Group." |
Posted at 21/10/2021 00:14 by breakconvention 30p would be peanuts for FAANG tech. I've been in this one from the beginning. It's clear VRE have laid a foundation to be built upon. |
Posted at 21/10/2021 00:10 by breakconvention Extremely, likely that VRE is a takeover target. Any of the 3 big boys, MSFT, FB or AAPL could pounce soon. |
Posted at 16/10/2021 10:02 by hazl I await the change of name and hopefully code.I was fed up typing VRE in! Seriously, see how it goes because yes, I still like this company. Thanks people. |
Posted at 15/10/2021 00:47 by turbocharge hazi, there was a bullish chart signal a few weeks ago pointing to a VRE price target of around 30p. I bought some today @ 16.99, and expect the prediction to be borne out in the not too distant future. May I suggest you, being such a long term follower and champion of VRE, review your decision to stay on the sidelines... |
Posted at 06/10/2021 10:30 by corrientes There's increasing political tension on the China/Taiwan issue.Does anyone have a clue as to how this could affect VRE if things were to get really nasty, or indeed is this a reason why the shares are hardly exhibiting the price action which the future of the company would seem to suggest ? |
Posted at 14/9/2021 08:09 by avsome1968 nterim ResultsVR Education (AIM: VRE; Euronext Growth: 6VR), a leading virtual reality ('VR') technology company, today announces its unaudited interim results for the six months ended 30 June 2021. Highlights -- Accelerated demand for ENGAGE platform with now over 130 commercial customers -- Revenue increased by 83% to EUR1.25 million (H1 2020: EUR681,000) -- Expansion of ENGAGE to the Middle East for the first time through two commercial agreements in the United Arab Emirates: one for a global event for 12 international police forces and one for a commercial license with custom development work -- Strategic partner HTC Corporation ('HTC') has commenced selling its ENGAGE product, VIVE Sessions, in China, as part of a software bundle with HTC's new headset, the VIVE Focus 3, and with new HP ProBook laptops being sold in the region as announced on 12 May 2021 -- ENGAGE revenue accelerated to EUR0.9 million (H1 2020: EUR0.2 million). ENGAGE revenue comprised 72% of total Group revenue for the period, up from 33% during the same period in 2020 -- Planned continued investment in capabilities widens pre-tax loss to EUR1.3m (H1 2020: pre-tax loss of EUR1.1 million), although EBITDA loss flat at EUR1.0m (H1 2020: loss of EUR0.9m) -- Oversubscribed placing announced on 18 June 2021 raising EUR9.0m (GBP7.7m) before expenses at a price of 16 pence per share -- Net cash as at 30 June 2021 of EUR9.2 million -- In June 2021, VRE announced the planned development of a new fully featured corporate metaverse codenamed "ENGAGE Oasis" with the launch expected in the first half of 2022 David Whelan, CEO of VR Education, said: "The first six months has seen the continued growth of ENGAGE, building on the trends of 2020, as more and more companies and organisations around the world see VR a better way of communicating. The pandemic has had a major impact on the use of ENGAGE which is set to continue as the technology becomes more accessible, and the drive to live more sustainably, and reduce travel, picks up pace. We have seen major developments in the first six months, including the roll-out of our software in China through our partnership with HTC, passing the milestone of 100 commercial customers, and VRE entering new markets, including the Middle East. The development of our new corporate metaverse codenamed ENGAGE Oasis is set to build our product offer further and create even more demand. Our outlook is more exciting than ever as VR comes of age as a business communications tool." |
Posted at 28/7/2021 08:07 by masurenguy Pre-Close Trading UpdateThe Board is pleased to announce that VRE continues to trade in line with market expectations. During the six months to 30 June 2021, the Group has been contracted by new and existing clients for significant events to be held inside its proprietary software platform ENGAGE. Recent highlights include: -- ENGAGE revenue continuing to accelerate, with unaudited H1 2021 revenue expected to be c.EUR1.25 million, an increase of 84% on the prior year (H1 2020: EUR0.68 million). -- ENGAGE revenue comprises 72% of H1 2021 total revenue, an increase of 39% on the prior year (H1 2020: 33%). -- Unaudited gross margin 80% in H1 2021, an increase of 10% on the prior year (H1 2020: 70%). -- ENGAGE reached the milestone of 100 commercial customers as announced in May 2021, including Abbott Laboratories, KPMG, MongoDB, and the US State Department as recent additions. -- Expansion of ENGAGE to the Middle East for the first time through two commercial agreements in the United Arab Emirates: one for a global event for 12 international police forces and one for a commercial license with custom development work. -- BMW i Motorsport event on 1 July 2021 was hosted on the ENGAGE platform. The event was the world's first fully immersive Formula E experience, showcasing the technology, engineering and drivers of Formula E. -- A major US multinational client (with a market cap of more than US$100 billion) has signed a six-figure deal for an event to showcase its product innovation, history and sustainability initiatives. -- Strategic partner HTC Corporation ('HTC') has commenced selling its ENGAGE product, VIVE Sessions, in China, as part of a software bundle with HTC's new headset, the VIVE Focus 3, and with new HP ProBook laptops being sold in the region as announced on 12 May 2021. -- In June 2021, VRE announced the planned development of a new fully featured corporate metaverse called "ENGAGE Oasis" with the launch expected in the first half of 2022 -- Oversubscribed placing announced on 18 June 2021 raising EUR9.0m (£7.7m) before expenses at a price of £0.16p per share. Net cash position of EUR9.2m as at 30 June 2021. |
Posted at 07/4/2021 07:52 by avsome1968 NS Number : 5757UVR Education Holdings PLC 07 April 2021 7 April 2021 VR Education Holdings PLC ("VRE" or the "Group") ENGAGE has continued to gain strong traction in Q1 2021 VR Education (AIM: VRE; Euronext Growth: 6VR), a virtual reality ('VR') technology company, is pleased to announce that its proprietary software platform ENGAGE has continued to gain strong traction with customers and partners in the first quarter of 2021. VRE is focused on becoming a leading global provider of virtual communications solutions through ENGAGE and its three solutions: Virtual Campus, Virtual Office, and Virtual Events. -- Unaudited ENGAGE revenue for the first three months of 2021 is up 138% quarter on quarter to EUR0.4 million (equivalent to two-thirds of ENGAGE FY2020 revenue of EUR0.6 million) -- Since the beginning of the year, 28 new enterprise and institutional customers have contracted to use ENGAGE in 2021, including the US State Department and a leading global database platform provider MongoDB . New clients are using ENGAGE for a variety of purposes, including business collaboration, training, and events. -- Partnership agreed in 2020 with VictoryXR, a leading VR and AR education provider, is growing the ENGAGE user base with students from Morehouse College in the US, the alma mater of Martin Luther King Jr, commencing three virtual classes for remote students. -- The Group is benefitting from increased investment in the ENGAGE sales organisation. Business development now has seven dedicated personnel to target growing global ENGAGE use, including in Asia, with substantial progress on plans to resource market development activities in North America. -- Incorporating Showcase revenue, total unaudited Group revenue in the first quarter of 2021 is approximately EUR0.6 million. David Whelan, CEO, VRE, said: "ENGAGE usage continues to grow as more and more organisations worldwide see the benefits of the kind of immersive experience that ENGAGE offers versus traditional video-based communications tools such as Zoom and MS Teams. We are focused on building on the ENGAGE client, user and revenue momentum we generated in 2020. Over the coming year, we will be targeting enterprise and institutional clients in our key geographies of Europe, Asia and North America and grow ENGAGE usage." |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions
Hot Features
Premium
