- Yolo Leisure and Technology fell deeper into the red as it booked a loss on the value of its investments.

Pre-tax losses for the year through September amounted to £1.1m, compared to losses of £0.7m on-year.

'Throughout the past year we continued to work in active and collaborative partnership with our investee company founders and other board members to deliver and fulfil their business plans and visions,' chief executive Simon Robinson said.

'We are focusing on early stage investments where we can use our board's experience and connections to accelerate the growth of investee companies, so that they have the potential to list on a public market as a possible alternative to future venture capital investment.'

'We will continue to actively explore the most innovative and creative strategies to optimise value for shareholders through our status as an AIM investment vehicle.'

'We will continue to support our portfolio of entrepreneurial technology businesses, whilst actively pursuing new and exciting opportunities.'

At 9:03am: [LON:YOLO] Yolo Leisure And Technology Plc share price was -0.5p at 3.25p

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