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Immotion Group PLC (IMMO)

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01-Sep-2020 08:42 AM

Immotion expects 'significantly' reduced loss in August amid encouraging performance

Virtual reality services provider Immotion said it expected to report significantly narrower losses in August following 'encouraging' performance and the reopening of some of its virtual reality attraction at partner sites. While much uncer
29-Jul-2020 08:40 AM

Immotion sees 'encouraging levels' of revenue generation as partner sites reopen

Immersive entertainment group Immotion said it was starting to see 'encouraging levels' of revenue being generated as a 'growing number' of its partner sites were starting to re-open. 'At this stage it is right to remain cautiou
26-Jun-2020 08:00 AM

Immotion reports wider losses; sees disruptions continuing for 'some time'

Virtual reality services provider Immotion reported wider losses on higher costs and roughly unchanged revenue following Covid-19 disruptions to operations. For the year ended 31 December 2019, pre-tax losses widened to £5.5m from £3.8m on
25-Sep-2019 09:17 AM

Immotion sees losses increase with strategy gaining traction

Immotion's losses grew to £2.4m from £1.6m with revenue increasing to £1.3m from £0.5m as announced in its interim results for the period ending 30 June 2019. The company saw strong summer trading and reported that 256 heads
25-Sep-2019 07:57 AM

Immotion sees further progress in growing aquarium sector

Immotion Group, the UK-based immersive 'Out of Home' entertainment group, has announced agreements for three further installs in its fast growing Aquarium sector. Immotion will install an initial four headsets in the Dubai Mall just outside the
17-May-2019 08:19 AM

Immotion Group wins $0.5m contract from iP2Entertainment

Virtual reality company Immotion Group signed a circa $0.5m contract Amsterdam-based iP2Entertainment. The new contract would see Immotion Group producing three exclusive VR and immersive experiences for IP2Entertainment. These experiences would be ava
03-Apr-2019 09:45 AM

Immotion Group meets market expectations as losses widen

Virtual Reality Group Immotion said its annual results met market expectations as pre-tax losses widened. For 2018, pre-tax underlying losses widened to £3.8m from £0.18m a year earlier and total revenue of £2.9m. The underlying earni
26-Sep-2018 02:55 PM

Immotion losses deepen as it rolls out VR offering

Virtual reality company Immotion Group, which listed on AIM in July, posted a deeper first-half loss as expenses rose. Pre-tax losses for the six months through June totaled £1.5m, worsening from a loss of £175k on-year. Revenue in the perio
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