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Online gambling marketing company Veltyco swung to a first-half loss after its sales fell following a restructure.
Net losses for the six months through June amounted to €0.99m, compared to a profit of €3.25m on-year, when the company recorded a €4.66m gain from a discontinued operation.
Revenue from continuing operations fell to €1.81m, down from €2.10m on-year.
'2019 has been a very challenging period for the group, with a focus on operational restructuring following termination of non-cash generating activities in the online financial trading vertical in the second half of 2018,' chief executive Paul Duffen said.
'We have made good progress and will continue to focus on expanding the operations of Bet90 and Betsafe.'
At 8:26am: (LON:VLTY) Veltyco Group Plc share price was -0.45p at 3.85p