In 2017, the firm's pretax loss worsened to
The loss was widened by a sharp rise in administrative costs. Exceptional administrative costs rose to
Excluding exceptional administrative costs, pretax loss still widened to
This was after administrative costs - excluding exceptionals - also rose to
"2017 has been an important year for the group," Medaphor Chairman Riccardo Pigliucci said. "We had encouraging growth in a number of important simulation markets and the acquisition of Intelligent Ultrasound and their artificial intelligence technology and know-how has expanded our business into machine learning software that has the potential to support and guide sonographers and doctors undertaking ultrasound scanning and clinical needling. We look forward to the year ahead with considerable enthusiasm."
Shares in Medaphor were 4.8% lower at