Revenue at Waterford-based tech firm Engage XR grows to €2.1 million

The business develops metaverse technology and has clients including HSBC and Pfizer

David Whelan, chief executive, and Sandra Whelan, chief operating officer, of Engage XR. Picture: Shane O'Neill

Engage XR, a Waterford-based tech business, has reported revenue of €2.1 million for the first half of this year, an increase of 18 per cent on the corresponding period last year.

The business, which develops metaverse technology, has clients including HSBC, Kia and Pfizer.

Gross margin in the first half of this year was 93 per cent, up 12 per cent year-on-year, according to interim results from the group. The company made an earning loss ...