Wednesday August 12, 2020

Innerworkings raises €3.3m despite losses

Dublin e-learning company Innerworkings has raised a further €3.3million from its investors after recording more losses last year, but hopes to break even soon.

31st January, 2009

Dublin e-learning company Innerworkings has raised a further €3.3million from its investors after recording more losses last year, but hopes to break even soon.

New abridged accounts for the firm revealed that it had incurred a net loss of €4.3million in the year ending March 31 2008 and that it had a deficit in shareholders’ funds of €14.3 million.

Directors of the firm reported that it had drawn down further funding from shareholders of...

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