Technology firm Ffastfill has announced a loss of
£2.45m for the year ending 31 March, marginally higher
than the £2.29m operating loss in the prior year period.
Annual turnover for the year stood at £4.75m, up just
short of 10% on the previous year's figures of
The firm, which produced its first software product in 1999,
has as yet failed to reach profitability. Ffastfill CEO Keith
Todd attributed this year's loss to the firm's decision to
continue to invest money in product development. He declined to
give a timeframe for reaching profitability but said the firm
was "well on track".
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