20th Aug 2025 13:51
(Alliance News) - MAC Alpha Ltd on Wednesday said discussions are yet to result in the appointment of a management partner or the completion of a platform acquisition, as it posted an increased loss.
The London-listed acquisition vehicle said its pretax loss widened to GBP334,543 in the financial year ended June 30 from GBP285,528 a year ago.
Administrative expenses increased to GBP342,074 from GBP306,135, while finance income fell 63% to GBP7,531 from GBP20,607.
Looking ahead, MAC Alpha said: "The directors remain highly confident that the listed status and flexible structure of the company will provide an attractive platform from which to appoint an experienced management partner and execute a buy-and-build growth strategy."
MAC Alpha shares were flat at 175.00 pence each on Wednesday afternoon in London.
By Tom Budszus, Alliance News slot editor
Comments and questions to [email protected]
Copyright 2025 Alliance News Ltd. All Rights Reserved.
Related Shares:
Mac Alpha