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Immotion Group Plc >
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Immotion (IMMO) - Interims illustrate strong progress

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  • 28 Sep 2021

Immotion (IMMO) - Interims illustrate strong progress


Immotion Group Plc (IMMO:LON) | 3.0 0 0.0% | Mkt Cap: 12.5m


  • WHIreland
    • John Cummins

    • 5 pages

IT services image


 
IT services image


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 ....

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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
  • WHIreland


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 ....


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