Source - SMW
Vela Technologies has booked a FY pretax loss of £0.35m, from a loss of £0.30m, as it progressed its investment portfolio. Revenue was negligible.

"The company's investment portfolio continues to make positive progress and the Board are encouraged by the activity at certain investee companies over the past few months," said non-executive chair Brent Fitzpatrick.

"The Board look forward to keeping shareholders updated with news of additional developments as and when they arise."