Mobile software firm Arantech had turnover of €3.7 million in 2005, but its pre-tax loss widened to €3.8 million.
Accounts just filed by the Dublin company show that its turnover rose by almost 90 per cent from €2 million in 2004, but its loss es more than doubled from €1.5 million. At the end of 2005, Arantech had an accumulated loss of almost €14.5 million.
However, the firm still had shareholders’ funds of €4.2million after raising more than €8...
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