Immotion is a leading UK-based Virtual Reality (VR) experience provider. Following a particularly challenging 2020 and Q1 2021 as a result of COVID-19, this morning the group has released a highly encouraging set of interim results, demonstrating strong progress across its three businesses. YTD FY 2021E revenue for the nine months to the end of September is expected to stand at c.£5.8m and EBITDA of £0.6m (Q3 2021E Revenue £3.0m, EBITDA £0.6m and adj. PBT breakeven), which alongside the normal s ....

28 Sep 2021
Immotion (IMMO) - Interims illustrate strong progress


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Immotion (IMMO) - Interims illustrate strong progress
Immotion Group Plc (IMMO:LON) | 3.0 0 0.0% | Mkt Cap: 12.5m
- Published:
28 Sep 2021 -
Author:
John Cummins -
Pages:
5 -
Immotion is a leading UK-based Virtual Reality (VR) experience provider. Following a particularly challenging 2020 and Q1 2021 as a result of COVID-19, this morning the group has released a highly encouraging set of interim results, demonstrating strong progress across its three businesses. YTD FY 2021E revenue for the nine months to the end of September is expected to stand at c.£5.8m and EBITDA of £0.6m (Q3 2021E Revenue £3.0m, EBITDA £0.6m and adj. PBT breakeven), which alongside the normal s ....