Cambridge-based digital TV developer ANT has reported a pre-tax loss of £310,000 for the first half of 2011, a 43% reduction on 2010’s £510,000 (€581,700) figure.
ANT, which recently launched its multiscreen play ANT Galio Move, saw revenues stable at £2.14 million.
“The first half of this year has seen ANT build on, and add value to, its existing capabilities and product range,” said CEO Simon Woodward. “ANT continues to reinforce its position within the industry supported by customer-led initiatives which are at the heart of its future development. During the period key players in the industry have selected ANT to support them in addressing the changing TV environment, broadening ANT’s market reach.”
Seven new licences were sold, compared to five in the first six months of 2010.
