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Birmingham Post
Birmingham Post
Business
Jon Robinson

LadBible owner creates almost 100 jobs but slips to half-year loss

The owner of LadBible has created almost 100 jobs but slipped to a pre-tax loss during the first half of its financial year.

Manchester-headquartered LBG Media has posted a loss of £1.9m for the six months to June 30, 2022, compared to a profit of £5.6m during the same period in 2021.

Its revenue increased from £23m to £24.8m while the average number of people employed by the company increased to 473 from 380.

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