Gfinity PLC (LON:GFIN) John Clarke speaks to Proactive London about sharply reducing their losses in the first half and their focus on 'multiple revenue streams' on areas they 'own' to aim for higher margins and scale.
Adjusted operating loss was £0.9mln, narrowed from £2.4mln in the prior year, while revenues from the period stood at £3mln compared to £3.5mln a year ago.
Clarke also addresses the conclusion of its strategic review and formal sale process, initially launched in October last year, saying that it has concluded it is in shareholders’ best interests for it to focus on 'accelerating the growth of the business under its existing strategy'.