Forbidden Technology's losses widen

Forbidden Technology, a cloud-based video platform developer, reported a widening of losses for the year ended December 31st.

Forbidden Technology, a cloud-based video platform developer, reported a widening of losses for the year ended December 31st.

Sales were up 25% from £0.37m to £0.47m, while gross profit rose 29.5% from £0.32m to £0.42m. Loss before tax increased from £0.196m to £0.245m, while basic earnings per share fell from -0.16p to -0.22p.

Subscribe to MoneyWeek

Subscribe to MoneyWeek today and get your first six magazine issues absolutely FREE

Get 6 issues free
https://cdn.mos.cms.futurecdn.net/flexiimages/mw70aro6gl1676370748.jpg

Sign up to Money Morning

Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter

Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter

Sign up
MoneyWeek

MoneyWeek is written by a team of experienced and award-winning journalists, plus expert columnists. As well as daily digital news and features, MoneyWeek also publishes a weekly magazine, covering investing and personal finance. From share tips, pensions, gold to practical investment tips - we provide a round-up to help you make money and keep it.