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Technology development company BigDish reported narrower first-half losses on lower costs and said it had sufficient level of funding beyond the second quarter 2021.
For the half year ended 30 September, pre-tax losses narrowed to £426,142 from £1.1 million year-on-year.
Administrative expenses fell to £515,875 from £735,077 in 2019, and there were no impairment losses recorded in the year, compared with a charge of £396,277 in 2019.
The company said the majority of the £200,000 of short-term funding requested from the £540,000 secured on 24 September, had yet to be utilised.
At 9:57am: (LON:DISH) Bigdish Plc Ord Npv share price was 0p at 1.18p