4 AIM-listed VR and AI tech stocks you can buy now

Highlights 

  • Various sectors are using advanced technologies such as artificial intelligence (AI), virtual reality (VR), data sciences, software as a service (SaaS).
  • Many tech firms leverage the power vested in AI technology to render existing operations more powerful.
  • Oxford Metrics’ adjusted pre-tax profit increased to £1.3 million in H1 2021 compared to £0.3 million.

A large number of business operations and processes across a range of sectors are using advanced technologies such as artificial intelligence (AI), virtual reality (VR), data sciences, software as a service (SaaS), to not only improve operational productivity but also address the robust growth in demand. Virtual reality is being tested and used across a range of sectors such as healthcare, education and training, and real estate, apart from being extensively used in gaming and entertainment applications.

AI, including its offshoots machine learning and deep learning, uses computing power to perform tasks that usually require human intelligence. Many tech firms leverage the power vested in AI technology to render existing operations more powerful through high-profile applications, which include self-driving cars, robotics, and virtual assistants.

(Data source: Refinitiv)

AI and VR stocks have been attracting tremendous attention from investors. Here are some AIM-listed stocks to watch.

Immotion Group Plc (LON: IMMO)

Immotion Group is a provider of virtual reality solutions, including content management, cinema pods, art direction, storytelling, and direct communication. In August, inked a three-year contract to deploy a new 16-seat theatre at SEA LIFE Orlando, Florida.

Immotion’s shares last traded at GBX 6.05, up by 0.83% at the day’s close on Friday, 24 September 2021. The market cap of the company stands at £24.93 million.

Immotion Group’s revenue for H1 2021 stood at £2.7 million. The company also announced a strong beginning to H2 2021 driven by an optimistic trading outlook and rising investments in proprietary content.

The shares of the Immotion returned 108.62% in the last one year to shareholders.

Oxford Metrics Plc (LON: OMG)

Oxford Metrics provides software and VR solutions to life sciences, infrastructure, engineering and entertainment markets. Recently, it took over CONTEMPLAS GmbH, a specialist video-based movement analysis provider, for £1.14 million (€1.32 million).

Oxford Metrics’ shares last traded flat at GBX 109.00 at the day’s close on Friday, 24 September 2021. The market cap of the company stands at £138.36 million.

Oxford Metrics’ revenues for H1 2021 (ended 31 March 2021) was £15.3 million compared to £15.0 million in H1 2020. Its adjusted pre-tax profit increased to £1.3 million in H1 2021 compared to £0.3 million in the previous year.

The shares of the Oxford Metrics returned 32.04% in the last one year to shareholders.

Attraqt Group Plc (LON: ATQT)

Attraqt Group is a provider of AI and SaaS solutions used across e-commerce platforms. Attraqt Group’s shares last traded at GBX 40.50, down by 1.22% at the day’s close on Friday, 24 September 2021. The market cap of the company stands at £82.53 million.

Attraqt Group’s H1 2021 revenues increased by 10% year-on-year to £11.1 million compared to £10.2 million for the same period in 2020, and gross profit rose by 8% year-on-year to £8.1 million (H1 2020: £7.5 million). At the end of the period, its cash was £3.5 million compared to £6.6 million in H1 2020.

The shares of the Attraqt returned 35.00% in the last one year to shareholders.

Jaywing Plc (LON: JWNG)

Jaywing is a UK-based provider of data intelligence, channel performance and creative engagement solutions. In July, Jaywing received a contract from Skipton Building Society to serve as its strategic and brand agency partner.

Jaywing’s shares last traded flat at GBX 12.50 at the day’s close on Friday, 24 September 2021. The market cap of the company stands at £11.67 million.

For the year 2021 ended 31 March 2021, Jaywing’s revenues reached £20.16 million compared to £24.04 million in 2020. The company’s cash generated from operations for the year improved by £1.3 million to £2.26 million (2020: £953,000).

The shares of the Jaywing returned 390.20% in the last one year to shareholders.

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