Virtual reality firm establishing itself as a major player in market

Immotion
A firm which specialises in virtual reality experiences had revenues of £2.9m in the last year. Immotion, which is based in Salford Quays, has published its final results. The company had revenues of £1.9m from continuing operations but its underlying losses before tax were £2.9m. The firm joined AIM last July and raised £4.8m in a share placing. A further placing raised £3.1m last month. It successfully opened ten ImmotionVR centres and secured deals with major partners such as Merlin Entertainments. Sir Robin Mil... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...
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