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Immotion Group

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: £0.07

Market: AIM
Market Cap: £19.27 m
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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

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