RE: NAV 1.5027 Jun 2017 16:40
YOLO Leisure & Technology PLC on Tuesday said it swung to a profit in the first half of its financial year.
The investment firm said it made a pretax profit of GBP62,053 in the six months ended March 31, having suffered a GBP439,418 loss the prior year when it booked a GBP318,506 unrealised loss on remeasurement to fair value. By contrast, it booked a GBP178,121 unrealised gain on remeasurement to fair value in the recent half.
Income rose to GBP17,096 from GBP7,000.