Fandango losses widened as investment income slips, costs rise

Fri, 29th May 2020

Investment company Fandango reported wider losses as investment income slipped and costs rose. For the six months ended 29 February, pre-tax losses widened to £162K from £99K on-year as investment income slipped to £32K from £36K and listing costs jumped to £124K from £24K. The costs arose from listing fees on the London Stock Exchange, and fees in connection with the current reverse take-over being worked on currently, and other advisory costs, the company said. Story provided by StockMarketWire.com

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