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That’s. Fantastic rise in revenue.
However, If sales in July are £1mill, then I am a bit surprised that costs were £800k.
How have the costs risen so much ? Is it the cost of the new offerings ?
It will be interesting to see the full accounts at half year.
What happens at the end of the school holidays when customer levels drop off?
Unless Uvisan stops dragging it’s heels and starts pulling in more than £80k per month and the Let’s Explore has a bumper festive season, then these overheads are going to eat back into the profits very quickly.
All in all, very pleasing.

Great to see them focusing on these larger rides.
This addition should add some decent numbers to their turnover.
I’m surprised there was no trading update thrown in with this.
Perhaps those monster months they expected didn’t nterialize.

youtube.com/watch?v=UvoqI2sOcLU

From the update a few weeks ago.
We hope to announce a number of new installations in the coming weeks.
I assume that we will get news on these , alongside a good trading update in the next week or so.

My next prediction is a great trading update in a couple of months that will also possibly coincide with the launch of the dinosaurs product.

From some of the clues I have found, I think the product is going to be a bit special and a lot more polished than the early oceans product.

I noticed they have completed the National Geographic rides and there may be more to come in the way of future contracts .

Re Cleanroom , It wouldn’t surprise me at all if they do a tie up with a major lighting/electrical contractor who can install the Cleanroom product nationally should it Gain traction. They are sponsoring a hygiene conference attended by Van Tam and I am hoping they can get some decent orders.

If they can get government approval for NHS installations, then it’s a game changer when you think of the large amounts of money thrown at ppe etc.

They may even sell off Uvisan for a windfall if it’s successful, so they can concentrate on doing what they know best.

It’s certainly going to be an interesting summer

Cleanroom has the potential to drastically boost sales going forward.

Ps
On the basis of continued Uvisan and let’s explore sales, I would have thought that May and June both both achieved over £500k in sales.

March group revenue was £440k
April saw 35 per cent increase in lbe venues to £402k
That means lBE in March pulled in around £300k and £140k was revenue from Uvisan and let’s explore.
On that basis Uvisan and Let’s explore are pulling in an extra £1.5 million a year at current rates.
On an average of £400k per month with the lBE and re opened uk offerings, that could mean annual revenue of just short of £5 mill.
Add on the home offerings and Uvisan and they are up to around£6.5 million.
I think it’s clear to see, that any large orders for Uvisan, especially if the Clean room product is a success can only add to the turnover.
Bearing in mind, the installation costs are done and dusted for many of these venues, I will be very surprised if they don’t make a profit this year

It surely can’t be long before this is released by Immotion. we are over half way through the year and they stated that they would launch their new experience mid year.
They will need to launch this one before autumn so they can get a good run up to Christmas.
Very quiet at the moment and history tells us that there will suddenly be a rush of news.
Vegas back to 100 per cent capacity and Uk venues busy with people desperate for days out.
It’s become apparent , that whenever you think they are doing nothing , that they are actually up to lots and I expect nothing other than excellent news flow in the next couple of weeks. This should include record takings in their location based experiences.
If I have a criticism, they seem to have missed previous launch targets .
Examples being Clean room certification, space mission, Congo trip etc.
.

The cube has been used by other companies and the book was also made by another company .
Immotion have made the content for the cube.

***************************/immotion-group-the-exciting-world-of-vr-location-and-home-based-entertainment-interview/412998107

I’m incredulous that during the month that they make the most money in their history, the trading is at the quietest that I have ever seen.
It’s load up month as far as I’m concerned.
Risk level short term is zero as we already know how well they are trading . There is a pent up demand out there.
Uvisan and let’s explore figures have not been included.
One good rns concerning these two and these will fly.
As a short gamble it’s about as low risk as they come .

A clue here perhaps.

www.artstation.com/artwork/mD2kXy

You’re a funny chap Ronald.

I called that one spot on. :)
Wonderful update, andI notice that they only referred to LBE revenue.
That obviously means the £402k April revenue will be higher if you include Explorer and Uvisan sales.
Same goes for May.
It seems that they may well have turned the corner into profitability.

I would expect a trading update some time early in June.
They have had a period of almost 100 percent openings as well as the Uvisan and Letsexplore sales.
With the rebound of customers from lockdown frustration, I can’t see anything other than a decent update.

Let’s hope this is the beginning of numerous sales and installation.
uktechnews.co.uk/2021/05/18/university-of-chichester-chooses-uv-c-technology-to-protect-creative-course-students/

That made for tough reading , and I have total admiration for their battling qualities during a period which would have broken many a company.
Looks like there is a light at the end of the tunnel assuming our politicians don’t screw the working world up again.
Nice to see them spending upfront for stock and another few good monthscahead should give them some breathing space.
Uvisan is still a bit slow ,, but I think it will pick up some steam now it’s getting some blue chip customers.

.chesterstandard.co.uk/news/19261723.cheshire-wirral-partnership-nhs-trusts-new-covid-disinfection-technology/

Add the letsexplore sales and it has the makings of a profitable year.

I am intrigued by the business relationship between Immotion and Devar Entertainment LLC.

It seems that the augmented reality book was actually launched by them a year ago.