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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: 3.49 GBX

AIM:IMMO
Market: AIM
Market Cap: £13.25 m
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Immotion Group PLC's (LON:IMMO) Martin Higginson speaks to Proactive London following the announcement its largest installation to date has opened for business in Las Vegas. The 'Ocean Explorer Virtual Reality Theater' in the Shark Reef Aquarium at Mandalay Bay Resort and Casino, is a 36-seat...

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