Profits "in sight" for online news agency Storyful

Profits at Dublin-based online news agency Storyful are “firmly within sight”.

That is according to founder and CEO of Storyful Mark Little who was yesterday commenting on the firm’s 2012 financial performance that saw a doubling in revenues and a more than doubling in accumulated losses.

Abridged accounts just filed by Storyful Ltd with the Companies Office show that its accumulated losses increased by €1.8m from €1.19m to €3m in the 12 months to the end of December last.