18th Jul 2022 11:10
Cordel Group PLC - London-based artificial intelligence platform for transport corridor analytics - In the year to June 30, reports total revenue of GBP2.3 million, up 35% from GBP1.7 million the previous year. However, company widens pretax loss to GBP1.4 million from GBP1.2 million. Chief Executive Nick Smith notes "significantly" increasing engagement in the company's target markets but adds that customer decision time frames are "unusually stretched out".
Current stock price: 6.66 pence, up 2.5% in London on Monday
12-month change: down 42%
By Heather Rydings; [email protected]
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