Auctus Growth posts a net loss of GBP189,219 for the year to the end of December compared with a net loss of GBP39,650 for the period from 14 May 2014 to 31 December 2014.

The company had cash balances of GBP1,030,551 at the end of 2015 compared with GBP1,096,820 at 31 December 2014.

The loss for the year was predominately incurred as a result of the deal costs associated with the aborted reverse take over transaction which was announced to the market on 17 August.

At 9:15am: (LON:AUCT) Auctus Growth Plc Ord Gbp0.10 share price was 0p at 44.5p