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TruSpine Technologies PLC - London Gatwick Airport-based medical device company - Pretax loss narrows to £362,833 in the six months that ended September 30 from £545,399 a year earlier. Administrative expenses increase to £348,300 from £543,369. Continues to be in a pre-revenue development phase and remains loss-making. ‘As previously notified, the company’s working capital position remains weak given the lack of revenue generating operations, however the company is prudently managing its limited working capital position,’ TruSpine says. ‘The company is reviewing equity and debt financing options available to it, and the directors fully expect a successful resolution in securing adequate funding to meet the company’s working capital requirements in the near-term.’
Current stock price: 0.95 pence
12-month change: down 87%
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