Live Company Group slashes losses as revenue more than doubles

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Live Company Group sashed annual losses as revenue more than doubled after the company ramp up the number of its events and shows during the year.

For 12 months ended 31 March, pre-tax losses narrowed to £2.6m from 5.4m a year earlier as revenue increased to £5.3m.

Net assets increased to £10.96m in 2018 thanks to a boost from the acquisition of Bright Bricks in October last year.

The update results comes as company increased the number of BRICKLIVE events and shows held during the year to 34 in 2018, up from 18 last year.

At 9:55am: (LON:LVCG) Live Company Group Plc share price was -5p at 62.5p