Virtual reality firm publishes first set of results

VR Star
A firm that specialises in virtual reality entertainment has published its first set of results on the Stock Market. Salford based Immotion listed on AIM in July 2018, raising a total of £5.75m through an oversubscribed placing. In its first six months the business had an operating loss £1.4m but had revenues of £1.1m. Virtual Reality revenue is expected to grow very significantly in the second half of the year following post-listing activity. The firm opened two owned and operated ImmotionVR experience centres in the U... You can carry on reading 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...