9th Jul 2015 09:53
LONDON (Alliance News) - Mirada PLC Thursday said it is engaged in continued talks with large-sized potential customers, as it reported a narrowed loss in its recent financial year.
"We have now entered a new stage in which major players are showing increased interest in our capabilities. Having proven our ability to win and deliver Tier One contracts, the board is encouraged by the prospects that might develop from the continuing discussions with other potential Tier 1 and Tier 2 customers," Chief Executive José Luis Vázquez said in a statement.
The CEO's comments came as Mirada said its pretax loss narrowed to GBP113,000 in the year ended March 31 from GBP386,000 in the prior year. Revenue increased 24% to GBP5.7 million from GBP4.6 million.
Shares in the AIM-listed audiovisual content interaction company were down 6.4% at 10.99 pence on Thursday morning.
By Samuel Agini; [email protected]; @samuelagini
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