Software solution provider Ordorite has reported losses of close to €1m.

According to its latest filed accounts for the year ended 31 October 2024, total retained earnings resulted at a loss of €895,000, slightly narrowing from a loss of €993,000 in 2023.

This marks a fourth consecutive year of losses following a loss of €1.2m in 2022 and €1m in 2021.

Year-end cash stood at €40,000, while net assets valued €58,000, down from €104,000 year-on-year.