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Cordel Group PLC - London-based artificial intelligence platform for transport corridor analytics - In the year to June 30, reports total revenue of £2.3 million, up 35% from £1.7 million the previous year. However, company widens pretax loss to £1.4 million from £1.2 million. Chief Executive Nick Smith notes ‘significantly’ increasing engagement in the company's target markets but adds that customer decision time frames are ‘unusually stretched out’.
Current stock price: 6.66 pence, up 2.5% in London on Monday
12-month change: down 42%
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