Shares of IP Group Plc (IPO.L) are down 5 percent on Wednesday's trading after the company reported reduced loss in the first six months of 2025. The company's portfolio return and revenue also improved from the previous-year period.
On the LSE, the stock is trading down 5 percent on Wednesday at 53.40 pence.
The UK-based intellectual property business posted loss of 43.0 million pounds or 4.55 pence per share in the first half of 2025, compared to loss of 109.9 million pounds or 10.24 pence per share in the same period last year.
The company's pre-tax loss narrowed to 42.9 million pounds in the six-month period from 111.1 million pounds a year ago. Operating loss for the period reduced to 45.3 million pounds from 112.5 million pounds in the prior-year period.
According to IP Group, the portfolio return and revenue were -39.9 million pounds during the first half, compared to -99.2 million pounds recorded in the previous-year period.
Looking ahead, the company said that it remains confident of meeting its target of delivering more than 250 million pounds of exits between the 2025 and 2027 period.
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