AssetCo has reported a mixed set of half-year results, with revenue of £8.3m at the end of March - up from £1.3m last year - while losses before tax also rose from £2.6m to £13.8m.
Recent acquisitions added £11.7m worth of administrative expenses, although £3m of those in the latest period were one-off costs, with almost half relating to restructuring costs.
Underlying operational loss for the six months ended stood at £4.1m, before exceptionals and other one-off costs, reflecting the introduction of both River & Mercantile and SVM.
