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XR IMMERSIVE TECH INC - $fnttf STOCK NEWS

Welcome to our dedicated page for XR IMMERSIVE TECH news (Ticker: $fnttf), a resource for investors and traders seeking the latest updates and insights on XR IMMERSIVE TECH stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect XR IMMERSIVE TECH's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of XR IMMERSIVE TECH's position in the market.

Rhea-AI Summary
XR Immersive Technologies, a leader in Social Entertainment, AI, VR, and AR content, partners with Smilegate Entertainment to distribute Crossfire: Sierra Squad to VR locations globally through Synthesis VR. Synthesis VR, with over 450 VR arcades worldwide, offers a platform for VR games and experiences, expanding its market reach.
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XR Immersive Tech Inc. announces a groundbreaking partnership with RaceRoom Entertainment AG to bring the world of RaceRoom to VR locations worldwide through its subsidiary SynthesisVR. The partnership aims to expand the VR out-of-home entertainment marketplace and offers access to over 400 VR games in over 450 VR arcades globally.
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XR Immersive Tech Inc. (CSE: VRAI) (FSE:79W) (OTCQB: FNTTF) provided a corporate update on the achievements in 2023 and goals for 2024. The company wound down its Uncontained business and focused on Synthesis VR, a leading VR software platform with over 450 VR arcades globally and a market of over 400+ VR games. Key achievements include foraying into game development, launching PROPAGATION: TOP SURVIVORS, and providing VR enterprise training and services for corporate customers. The VR location-based entertainment industry is evolving rapidly, with technological advancements and the adoption of augmented reality elements within VR experiences.
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XR Immersive Tech Inc. files its financial statements and announces focus on Synthesis VR business. SVR software platform has over 450 VR arcades and a market of over 400+ VR games. Company aims to establish accelerated growth in the $140 billion VR/AR market. Revenue for the six months ended June 30, 2023, was $356,142 compared to $525,004 for the same period in 2022. Cost of Goods Sold decreased to $8,864 from $154,124. Gross margin was $347,278 compared to $370,880.
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-23.79%
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71.74%
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44.04%
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XR IMMERSIVE TECH INC

OTC:FNTTF

FNTTF Rankings

FNTTF Stock Data

1.89M
67.67%
Computer Hardware
Technology
Link
United States of America
Vancouver