Profit & Loss

Profit & Loss: The dog-eat-dog world of Scoobybox

Revealing who is up and who is down as we go inside the world of private Irish businesses

O’Flynn brothers take a stake in Kinematik

KineMatik Group, a business software provider, has raised €3 million from investors, €3.9 million of which came from Michael O’Flynn and John O’Flynn of the O’Flynn Group in Cork.

The most recent accounts for Kinematic Group Limited show that it had a loss of €1.4 million at the end of 2021. A related company, Kinematic Ltd, had losses of €8.1 million at the end of 2021.

The dog-eat-dog ...