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Immotion Group focusing on high-margin partnerships to hit break-even faster

Immotion Group PLC's (LON:IMMO) Martin Higginson tells Proactive London's Andrew Scott a shift in strategy will see them focus on revenue sharing partnerships to roll-out their virtual reality pods into high footfall locations rather than direct sales.

He says the move will help build a recurring revenue stream and help the group reach break-even on an underlying basis faster.

Quick facts: Immotion Group

Price: 7.2 GBX

AIM:IMMO
Market: AIM
Market Cap: £20.56 m
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Immotion Group agrees significant new deal with Spanish leisure firm Aspro Parks

Immotion Group PLC's (LON:IMMO) group commercial director Rod Findley speaks to Proactive London's Andrew Scott after it was announced they're to install one of its virtual reality (VR) cinema pods at the Blue Planet Aquarium in Cheshire as part of a deal with Spanish leisure firm Aspro...

on 10/10/19

2 min read