MediaZest reduces operating losses by 61%
Creative digital advertising company MediaZest has reported that it has reduced its losses after tax by 61%.
The company reduced its losses to £457,000, down from £747,000 the previous year, having improved gross margins and raised £440,000, before expenses, in March from existing and new shareholders.
The company’s cash balance at the end of its financial year on 31 March, was £365,000.
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