LONDON (ShareCast) - (ShareCast News) - Accesso Technology's first-half loss widened as it continues to invest heavily in its development and operational teams, although the company pointed out that full-year results are weighted more towards the second half.
Accesso, which provides solutions to leisure, entertainment and cultural markets posted a pre-tax loss of £1.05m from £37,000 in the first half of last year. However, revenue rose to £32.1m from £25.88m as the company clinched 60 new business wins in North America, South America, Asia and Australasia.

The group also inked a deal with Merlin Entertainments post-period end.

Chief executive Tom Burnet said: "This is an exciting period for us, and I think today's results reflect this. We have increasing momentum across all our lines of business as we start to capitalise on the hard work and investments of the last few years.

"Our new contracts this year, including the agreement with Merlin, demonstrate the substantial demand for technology solutions that deliver revenue enhancing, yet engaging experiences and help venues build better connections with their guests around the world."

At 1400 BST, Accesso shares were down 4% at 828p.

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