Inpixon reports FY2022 revenue up 21% to $19.4M; net loss narrows to $63.4M

XTI Aerospace, Inc.

Revenue $19.4M (+21% YoY); gross profit $13.9M (72% margin).
Net loss attributable to stockholders $63.4M vs $69.2M prior year.
Non-GAAP adjusted EBITDA loss $26.6M vs $29.6M; proforma non-GAAP EPS loss $12.25.
Completed spin-off of workplace experience business (CXApp) and named Leader in Gartner Magic Quadrant.
Secured $1M+ purchase order for RTLS products; joined SAP Partner Program.

Key facts

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Earnings Releases SEC 8-K Item 2.02 confidence 0.95

XTI Aerospace, Inc. reported the fiscal year ended December 31, 2022 results: revenue $19.4 million, net income $63.4 million.

Period: the fiscal year ended December 31, 2022
Revenue: $19.4 million
Net income: $63.4 million
Result: reported results

Exact text from the filing

Inpixon Reports 21% Growth in Revenue to $19.4 Million for the 2022 Fiscal Year

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Source: SEC EDGAR

accession 0001213900-23-024634

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