Immotion Group

Immotion VR move to blend growth with aim to break even

Virtual reality firm Immotion Group PLC (LON:IMMO) has told investors it is ready to push on towards break even, helping send its shares higher on Wednesday. A year of heavy investments has now put the company in prime position to reap the revenue rewards from its installations in territories across the globe. CEO Martin Higginson tells Proactive London that although the eventual end game is profitability, he wants investors to understand that ambitions to grow the company into a significant industry player means he won't be closing down opportunities which may demand further investment. 
The AIM-listed company, which makes immersive VR ‘pods’ and the complementary original content within them has ploughed funds into new ImmotionVR arcades as well as developing games and experiences.

Quick facts: Immotion Group

Price: £0.07

Market: AIM
Market Cap: £19.27 m

Add related topics to MyProactive

Create your account: sign up and get ahead on news and events


The Company is a publisher. You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is...

In exchange for publishing services rendered by the Company on behalf of Immotion Group named herein, including the promotion by the Company of Immotion Group in any Content on the Site, the Company receives from...



Investor Update: Immotion Group rolls out further headsets at London's O2 arena

Headlines from the Proactive UK newsroom. Greatland Gold PLC (LON:GGP) has reported what are described as ‘excellent’ drill results from the Havieron project, in Western Australia, where work has been focussing on higher-grade zones. The drilling took place within ‘a broad envelope of...

1 week, 4 days ago

2 min read