IMMERSION SA: Review of the First Half of 2023-2024

IMMERSION SA presented its activity report for the first half of 2023-2024, marking a period of challenges and opportunities. The company's turnover reached 2.77 million euros, down from 3.34 million euros in the previous period. However, the gross margin increased slightly, from 1.24 to 1.32 million euros.

The company maintained its expenses despite inflationary pressures, which limited the operating loss to 0.19 million euros, compared to 0.16 million euros the previous year. A new product, Studiiio, has been launched, promising innovation in hybrid video conferencing solutions. IMMERSION has also been involved in the new European research project HEAT, aimed at improving extended reality technologies.