ThirdForce reduces losses on previous year

E-learning group ThirdForce has reported a loss of €498,000 for the first six months of the year, a reduction of 29% on the loss figure of €702,000 the same time last year.

The company also announced this morning that it has bought UK company Creative Learning Media for €5.2m in a cash and shares deal.

Revenues for the six months to the end of June amounted to €5.722m, down slightly from €5.862m the same time last year.