CHILL BRANDS GROUP

Chill Brands increased revenue in the six-month reporting period to £726,382 (prior year £141,699), but recorded a loss of £1,068,610 versus £726,434 in the prior year. Loss per share rose from 0.14 to 0.21 pence and the gross loss also widened. Cash balances fell to £37,075; the company also drew £540,000 from a loan facility provided by its largest shareholder. Chill Brands has expanded product lines and, after the period end, launched a wholesale platform with over 2,000 connected retailers; the board is reviewing operational measures and financing options as continuation depends on adequate working capital. » More on de.investing.com