Real Good Food's deal to sell Brighter Foods to THG in a move that generated £36.4m for the Liverpool company failed to stop its losses from widening during its latest financial year.
The food manufacturing business, which specialises in cake decoration, has reported pre-tax losses of £18.9m for the 12 months to March 31, 2022, compared to losses of £6.1m in the prior year.
The listed company also confirmed that its revenue increased from £37.2m to £40.4m over the same period.
