Print Published 11th Sep 2017, 13:39

Crossrider still incurring losses – this time £0.8m

The online advertising and app distribution company Crossrider incurred a loss of £0.8 million in the half year to 30 June, slightly more than previously anticipated by Marketing Services Financial Intelligence (see Crossrider claims “significant progress” while revenue and profit stagnate).   And that loss was arrived at after excluding development costs of £484,000 that were capitalised in the period.