Salford-based immersive entertainment business, Immotion Group, said it expects second half revenues to be “very significantly ahead” of that reported in the first half, in a trading update this morning.
The group expects revenue of circa £6.5m for the second half of 2021, compared with unaudited revenue of £2.8m in the first half.
Furthermore, on the back of a profitable fourth quarter to date, the company expects adjusted EBITDA for the full year 2021 to be significantly ahead of the £0.6m, reported on September 28, 2021, for the first nine months of trading.
Immotion Group plc (LON:IMMO) bring together thrilling and educational content with state-of-the-art technology to ignite visitor interest, drive ancillary revenues and fuel visitor numbers; utilizing a compact footprint with no upfront CAPEX.