Cloudbreak falls on bigger annual losses

Cloudbreak Discovery

31/10/2022 13:33

** Shares of Cloudbreak Discovery Plc  CDL.L  down as much
as 2.1% to 1.40p
    ** Co posts bigger FY22 loss of 5.6 mln pounds ($6.5 mln) vs
about 900,000 pounds yr ago  urn:newsml:reuters.com:*:nFWN31U0DM
    ** Co says wider loss mainly due to unrealised fair value
losses of 2.8 mln pounds on listed and unlisted investments
    ** Including session's loss, stock down ~27% YTD
($1 = 0.8689 pounds)
 (Reporting by Hani Kollathodi in Bengaluru)
 ((Hani.Kollathodi@thomsonreuters.com;))