Sorted Group Holdings Reports Improved Results

Location Sciences Group Plc (GB:SORT) has released an update.

Sorted Group Holdings Plc reported revenue of £6.72 million and a pre-tax loss of £11.72 million for the 15-month period ending December 31, 2023, an improvement from the previous year’s £18.62 million loss. The company’s cash reserves have decreased to £0.32 million from £6.82 million. Post the reporting period, Sorted completed the acquisition of Sorted Holdings Limited and was admitted to trading on AIM on February 19, 2024.

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