- ARHT Media Inc. (ART) released its financial results for its fiscal Q2, 2022, highlighting record revenue of $2 million
- This is a 66 per cent year-over-year increase from $1.2 million recorded in Q2 2021
- 70 per cent of delivered contracts in Q2 2022 were from repeat clients, as well as 17 new Fortune 500 companies and leading universities
- ARHT (ART) is currently trading at C$0.23
ARHT Media (ART) released its financial results for its fiscal Q2, 2022, highlighting record revenue of $2 million.
This tops $1.2 million recorded in Q2 2021, an increase of 66 per cent year-over-year.
70 per cent of delivered contracts in Q2 2022 were from repeat clients, as well as 17 new Fortune 500 companies and leading universities
The quarter saw Ukrainian President Volodymyr Zelenskyy beamed from the war zone in Kyiv into four major European tech conferences: Founders Forum London, Brilliant Minds Stockholm, Viva Tech Paris and Web3 Amsterdam.
Paramount+ utilized CAPSULE for its Star Trek Experience in Piccadilly Square, London, UK.
ARHT’s CEO Larry O’Reilly pointed to the company’s new consumer-facing holographic display CAPSULE as playing an important role in the company’s revenue growth.
“A combination of high-profile events with Madam Secretary Hillary Clinton, President Zelenskyy, Dr. Condoleezza Rice, the Star Trek Experience London, along with a growing talented sales team, provides considerable confidence in our growth prospects as there has never been more demand from both existing and new clients for ARHT’s products and services.”
ARHT (ART) is a pioneer in the live hologram industry. Their HoloPresence technology offers a complete end-to-end solution for capturing, transmitting and displaying live holograms for in-person, hybrid, and online events.
ARHT (ART) is currently trading at C$0.23.