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Media

Live Company weathers Covid storm

Revenues from operations were up 44% from £1.8mln to £2.6mln

Live Company Group PLC (AIM:LVCG) said it weathered the impact of Covid as it posted results for a period in which the pandemic was at its height.

Revenues from operations were up 44% at £2.6mln for the 12 months ending 31 December 2021. As a result, the group’s loss after tax more than halved to £3.3mln from £8.2mln a year earlier.

Underlining the challenges faced, chairman David Ciclitira said: "As an events-based company we were fortunate to still be operational during the second half of 2021."

Live Company said it had “adequate resources" to meet this year's challenges.

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