StockMarketWire.com - Online marketplace for business services Maistro posted a deeper annual loss, as expenses involved in investing in its platform more than offset rising sales.

Losses for the year through December amounted to £2.9m, compared to losses of £2.3m on-year, even as revenue more than doubled to £1.5m.

'The aspirations of the board for Maistro in 2019 are to rapidly increase the take up of the PaaS platform by its core existing and new customers driving revenues and margins,' chairman David Rowe said.

'The board remains confident that the management team can achieve this, creating a very strong platform for continued leadership in this exciting and rapidly developing market.'


At 8:00am: [LON:MAIS] Maistro Plc share price was +0.03p at 1.33p



Story provided by StockMarketWire.com