Web and mobile services provider returns to profitability

Zamano — the Dublin-headquartered web and mobile services provider — has returned to profitability, posting a pre-tax gain of €946,000 and an operating profit of nearly €1.1m for the first six months of 2012.

The Dublin-and London-listed company had shown pre-tax losses of €530,000 for the corresponding period of 2011 and first-half losses of €6.32m in 2010, but had earmarked 2012 as a year of financial recovery.

Last year’s first-half operating losses totalled €393,000, down from over €6m for the previous year. Zamano made a full-year loss of €585,000 for 2011, down from a 2010 loss of €13.3m.