IN BRIEF: Marechale Capital interim loss widens; eyes partnerships
23rd Dec 2024 10:41
Marechale Capital PLC - London-based adviser and financing provider for consumer brands, leisure, clean energy, mineral extraction and technology companies - Pretax loss widens to GBP178,261 in the six months that ended October 31 from GBP155,803 a year before, due to a GBP49,837 loss on disposal of investments. Revenue falls to GBP148,500 from GBP320,603 but cost of sales reduced to GBP45,032 from GBP226,790, leaving gross profit up 10% at GBP103,468 from GBP93,813. Administrative expenses are steady, leaving a smaller operating loss before the loss of disposal widens the bottom-line loss. Read More