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Manchester-based VR specialist Immotion saw its revenue nearly double in the first half of 2022.

The company specialise in creating engaging immersive experiences and recently completed two small-scale installations at Chester Zoo and Legoland Discovery Centre Philadelphia.

In an announcement to the London Stock Exchange this morning  the unaudited revenue at the group’s core Location Based Entertainment (LBE) business in the first half of 2022 almost doubled to £4.4m, compared to £2.3m in the same period in 2021.

In addition, the LBE business is currently enjoying very strong trading in the key summer period, with unaudited July 2022 revenue of £1.3m being the division’s best ever month.

This takes unaudited LBE revenue for the seven months to 31 July 2022 to £5.7m, a 78 per cent increase from £3.2m in the equivalent period in 2021. August 2022 has also started very strongly.

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The company now has 488 seats across 54 locations with several new sites in the pipeline.

Martin Higginson, CEO of Immotion, commented: “The first six months of the year have shown solid year-on-year improvement and, with July exceeding all previous revenue numbers, the summer trading period is looking very encouraging.

“Demand for the Group’s core LBE offering remains strong and, with solid operating cash flow generation from the key summer months, we are now well positioned for further installations and growth of the LBE estate.”

Immotion have built up an expertise in both the aquatic and wildlife sectors, working with major aquariums and zoos across the world.

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