Gfinity PLC (AIM:GFIN) shares dipped 4% on Friday following publication of the esports group’s interim results.
Revenues increased 26% year on year for the company, but development expenses led to a 101% increase in operating losses to £800,000.
Period-end cash was £1.7mln, but a post-period-end placing and subscription raised a further £2.0mln for the coffers, before expenses
Share were changing hands at 0.11p with a market capitalisation of £1.44mln as of 10.45am, March 31.