Interactive TV outfit Mirada has recorded a pre-tax loss of £20.56 million in the 15-month period to March 31, 2008. This represents a narrowing of losses compared to the negative figure of £26.6 million to the 12 months to December 31, 2006.
Mirada, the former YooMedia, now had operations in London, Milan and Madrid following the merger with the Spanish Fresh Interactive Technologies.
Despite continued losses the group maintains it has undergone a significant transformation over the last 12 months and is making clear progress towards its financial objectives.
Mirada has introduced its Startv package to Spanish cablenet ONO and has recently opened a new office in Milan.
