ENGAGE XR HOLDINGS PLC (EXR) — Full Year Results

Investor webinar replay

Replay transcript excerpt

Good morning, and welcome to the ENGAGE XR Holdings PLC Full Year Results Investor Presentation. Throughout this recording meeting, investors will be in listen only mode. Questions are encouraged and can be submitted any time by the Q and A tab situated in the right hand corner of your screen. To click Q and A, scroll to the bottom, type your question, and press send. Company may not be in a position to answer every question received during the meeting itself. However, the company can review all questions submitted and publish responses where appropriate to do so. Before we begin, we'd like to submit the following poll. I'd now like to hand you over to Dave Willen, CEO. Good morning. Hello, and welcome to the full year results presentation for ENGAGE XR. My name is David. I'm the CEO, and I'm joined here today with Seamus, our CFO. Hi, everyone. So what is ENGAGE? ENGAGE is a platform for professionals seeking spatial computing AI and metaverse services for use in training, events, development, and onboarding. You might ask what is spatial computing and mixed reality. These are terms that you hear quite often, especially with the release of headsets and from the likes of Apple. Spatial computing is the use of immersive technologies, like virtual reality headsets or mixed reality headsets, where you're inside a virtual environment and you're interacting with three d objects. Mixed reality is the ability to see the real world as well as the virtual world overlaid, and you can actually see in the video, on the presentation on the screen here, you can see that this is a a meeting, inside ENGAGE where we have people from The US and UK interacting, actually, that's inside my kitchen. And why would you use this technology? You'd use this technology because it's four times f...