London-listed mobile gaming supplier Nektan said Thursday that it has taken strong action to reduce its ongoing monthly cost base by as much as 45 per cent, after recording a loss of £6.6m for the six month period ended December 31st.
The company’s monthly cost base will be reduced to £280,000 by April, which will also impact the level of monthly net gaming revenue at which the group will be EBITDA positive.
Nektan said however that this [...]