VR Education Holdings

FY trading update: revenue behind but progress made

  • Sectors : Technology
  • Companies : VR Education Holdings

Ratings and price correct at time of issue.

  • VR Education Holdings

    Closing Price: 7.5p

  • RATING 07/12/18

  • PREVIOUS RATING N/A

DAVY VIEW

Despite missing FY revenue expectations, VR Education’s (VRE) progress made through 2019 must not be understated. The group’s ENGAGE platform remains well positioned for 2020. As outlined in previous research, we believe that the developments and commercial rollout of 5G technology and the substantial enhancements to virtual reality (VR) headsets will drive demand for immersive experiences in 2020.

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Jan 16 2020, 07:35 GMT

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