Immotion flags good first-half performance
18th Aug 2022 15:56
(Sharecast News) - Virtual reality (VR)-focussed entertainment group Immotion said in a trading update on Thursday that unaudited revenue at its core location-based entertainment business "almost doubled" in its first half to £4.4m, from £2.3m a year ago.
Read moreImmotion inks three-year licensing deal for Chinese aquariums
16th Jun 2022 14:50
(Sharecast News) - Entertainment developer Immotion has entered into a three-year licensing deal for the Chinese aquarium market, it announced on Thursday.
Read moreImmotion expects interim results to show 'near EBITDA breakeven outcome'
16th Aug 2021 09:15
(Sharecast News) - Immersive entertainment company Immotion said on Monday that it expects its unaudited interim results to show a near EBITDA breakeven outcome on revenues of roughly £2.7m.
Read moreImmotion strikes deal for VR theatre at Sea Life Orlando
3rd Aug 2021 11:48
(Sharecast News) - Virtual reality (VR) company Immotion announced on Tuesday that it has agreed to install a new 16-seat theatre-style installation at the Sea Life Orlando aquarium in Florida, part of the Merlin Entertainments group.
Read moreImmotion moves into profitability as revenues continue to grow
30th Jun 2021 09:47
(Sharecast News) - VR specialist Immotion said on Wednesday that thanks to continued strong growth in revenues, it achieved a small underlying profit in May followed by a "substantial" EBITDA profit in June.
Read moreImmotion raises £300,000 from investor
26th Mar 2021 11:55
(Sharecast News) - Immotion has agreed to raise £300,000 from one of its investors in a transaction that values the shares at 15% more than Thursday's closing price.
Read moreImmotion revenue rises as it focuses on home-based product
23rd Dec 2020 11:34
(Sharecast News) - Immersive entertainment operator Immotion Group updated the market on its trading on Wednesday, reporting that despite the current Covid-19 challenges, it had seen unaudited revenue increase "steadily" in recent weeks.
Read moreImmotion raises £1m to grow in-home offering
19th Nov 2020 15:35
(Sharecast News) - Virtual reality (VR) entertainment company Immotion Group announced a placing and a subscription of new shares to raise £1m on Thursday, to strengthen its balance sheet and provide funds to accelerate the growth of its in-home product 'Let's Explore'.
Read moreImmotion encouraged by summer trading performance
1st Sep 2020 11:47
(Sharecast News) - Virtual reality entertainment firm Immotion said on Tuesday that trading had continued to be "encouraging" across its sites that operated during summer.
Read moreImmotion shares surge as partner sites begin to re-open
29th Jul 2020 09:31
(Sharecast News) - Immersive entertainment group Immotion said on Wednesday that a growing number of its partner sites were starting to re-open, with many already operating its VR installations.
Read moreImmotion 'well placed' to deal with coronavirus outbreak
11th Mar 2020 08:04
(Sharecast News) - Virtual reality entertainment group Immotion said on Wednesday that it was "well placed" to deal with the coronavirus outbreak.
Read moreImmotion agrees another 68 VR headset installations
20th Feb 2020 15:46
(Sharecast News) - Virtual reality (VR) experience operator Immotion Group announced on Thursday that, in the past week, it had signed contracts for 68 headsets at 11 sites, including its first outdoor enclosure of eight headsets at Roger Williams Zoo in Rhode Island, the United States.
Read moreImmotion heads for breakeven as it signs up new sites
15th Jan 2020 15:45
(Sharecast News) - Out-of-home virtual reality entertainment company Immotion Group has signed contracts in the past week with the London Eye, a further four aquariums and with its first European zoo partner, it announced on Wednesday.
Read moreImmotion headed for break-even in Q1
20th Dec 2019 09:18
(Sharecast News) - Virtual reality entertainment group Immotion expects to reach monthly break-even in the first quarter thanks to a "significant" boost in new installation activity predicted for 2020.
Read moreImmotion Group installing virtual reality experience at The O2, London
27th Jun 2019 09:57
(Sharecast News) - Virtual reality (VR)-focussed out-of-home entertainment company Immotion Group announced the installation of a 12-station VR entertainment zone at The O2 in Greenwich, London on Thursday.
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