FeedHenry posts 2013 loss despite revenue increase

FeedHenry, the Waterford-based mobile software company that was recently acquired in a multi-million euro deal, made a loss of more than €1m last year.

The company, which develops technology used in the creation of specialist mobile apps recorded a loss after tax of €1.39m in 2013, down from just under €1.5m the previous year.

The loss came about despite the company increasing its turnover by more than 100% to €4.29m in the year.