Full year results – corrective actions taken to protect the business
Immotion is a leading UK-based ‘out of home' Virtual Reality (VR) experience provider. This morning, the group has released full year results to 31 December 2019, broadly in line with our forecasts. Post year-end and reacting to COVID-19, management took the previously reported actions to reduce the company's cash burn, including salary reductions and the furloughing of staff, whilst the two successful fundraisings in recent m ....

26 Jun 2020
Full year results – corrective actions taken to protect the business

Sign up to access
Get access to our full offering from over 30 providers
Get access to our full offering from over 30 providers
Full year results – corrective actions taken to protect the business
Huddled Group PLC (HUD:LON) | 3.2 0 0.0% | Mkt Cap: 12.1m
- Published:
26 Jun 2020 -
Author:
John Cummins -
Pages:
4 -
Full year results – corrective actions taken to protect the business
Immotion is a leading UK-based ‘out of home' Virtual Reality (VR) experience provider. This morning, the group has released full year results to 31 December 2019, broadly in line with our forecasts. Post year-end and reacting to COVID-19, management took the previously reported actions to reduce the company's cash burn, including salary reductions and the furloughing of staff, whilst the two successful fundraisings in recent m ....