Software firm makes pre-tax loss of €345,000

Financial software firm Zarion went into the red last year, making a pre-tax loss of €345,000 as it increased its investment in research and development.

Ian Kehoe - avatar

Ian Kehoe

2nd December, 2006

Financial software firm Zarion went into the red last year, making a pre-tax loss of €345,000 as it increased its investment in research and development.

The loss was a reversal from 2004, when Zarion made a pre-tax profit of almost €323,000.

However, Gerry O’Connor, chief executive of Zarion, said the company had record sales last year and was ‘‘on course to hit financial targets’’.

Subscribe from just €1 for the first month!

Exclusive offers:

All Digital Access + eReader

Trial

€1

Unlimited Access for 1 Month, €19.99 Monthly thereafter

Get basic

*New subscribers only

You can cancel any time.

Annual

€200

€149 For the 1st Year

Unlimited Access for 1 Year

You can cancel any time.

Quarterly

€55

€42

90 Day Pass

You can cancel any time.

2 Yearly

€315

€248

Unlimited Access for 2 Years

You can cancel any time.

Team Pass

Get a Business Account for you and your team

Share this post

Related Stories

The year in review

Legacy Richie Oakley 1 year ago

Newsround: What Thursday’s papers say

Legacy Leanna Byrne 5 years ago

More cycle routes, expansion of Luas to Bray and new bus network proposed

Legacy Digital Desk 5 years ago