EVR’s long-delayed virtual reality app closes in on launch

Melody VR should kick-start the AIM firm’s first route to revenue
Thursday 12 Apr 2018 Author: Steven Frazer

Virtual reality (VR) music content business EVR Holdings (EVRH:AIM) is at long last close to launching its smartphone app, Melody VR. That’s almost two years after the company joined the stock market.

This will come as a relief to the AIM-quoted company’s fan base of investors. Beta testing started on Christmas Eve 2016.

EVR’s market value has soared from about £12m to the current £155m. The company has raised £23.4m of growth funding since it has been listed, most recently £15m in October 2017.

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