Monday May 25, 2020

Wearable sports devices company, Playertek made a loss of €4.7 million in 2018

The company saw its losses rise from €1.5 million in 2017 to €4.7 million in 2018

Barry J Whyte

Chief Feature Writer

26th March, 2019
GPS devices. Pic: Getty

Wearable sports devices company Kodaplay – which trades as Playertek– saw its accumulated losses rise from €1.5 million in 2017 to €4.7 million in 2018, new accounts show.

Kodaplay, which was sold to Australian sports tech company Catapult in 2016, made a loss for the year of €3.1 million, compared to a loss of €938,797 the year before.

The company owed its creditors €5.8 million, including €2.4 million owed to trade creditors and €2.9 million owed to...

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