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Immotion PLC sees 'seismic shift' in revenues as partnerships bear fruit

Immotion Group PLC's (LON:IMMO) Martin Higginson tells Proactive London's Andrew Scott revenues for the six months ending 30 June had risen to £1.3mln from £547,000 in the prior year.

Alongside the interims, Higginson says they've signed deals with three aquariums to install its virtual reality (VR) headsets.

The first agreement's for four headsets at the Dubai Aquarium in the United Arab Emirates - one of the world’s largest suspended aquariums containing over 140 species.

Quick facts: Immotion Group

Price: 7.4999 GBX

AIM:IMMO
Market: AIM
Market Cap: £21.46 m
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Immotion Group (LON:IMMO) has raised gross proceeds of £2.85mln from an 'oversubscribed' fundraising to accelerate its growth plans, and revealed it has inked a revenue-sharing deal with the MGM Mandalay Bay resort and casino in Las Vegas. CEO Martin Higginson tells Proactive London what the...

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