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Birmingham Post
Birmingham Post
Technology
Jon Robinson

Losses widen by £1m at Uber-owned Autocab as it eyes revenue rise

Losses widened by £1m at a taxi dispatch software provider owed by Uber during its latest financial year.

According to newly-filed documents with Companies House, Autocab's pre-tax losses went from £676,358 to £1.6m in 2021. Its revenue also remained static at £8.5m.

The company was acquired by Uber in 2020 and revealed in January 2022 that it planned to create 200 jobs by 2025 after relocating from Cheadle Royal Business Park to No.2 Circle Square in Manchester.

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