Turnover Up But Losses Widen At Lastminute.com.

Lastminute.com has reported full-year pre-tax losses of GBP 39.1 million, up from GBP 35.79 million a year ago.

Lastminute.com has reported full-year pre-tax losses of GBP 39.1 million, up from GBP 35.79 million a year ago.


Lastminute.com reported its core loss narrowed 11.9% to GBP 33.6 million from GBP 38.1 million the previous year and the customer base has increased by 19% in the last quarter, and by 50% since last year, to 4.2 million. Full-year turnover went up from GBP 3.7 million last year to GBP 18.4 million.


Speaking on BBC Radio 4 this morning, co-founder Martha Lane Fox said that Lastminute.com had diversified into non-travel operations and “expects to break even within the next two quarters.” She also said she doesn’t look at the share prices anymore!

 

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www.lastminute.com

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