IN BRIEF: Iconic Labs annual loss narrows as costs fall

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Iconic Labs PLC - London-based company, which focuses on digital media, online publishing and data analytics - Says annual pretax loss narrows 12% to £547,955 from £619,333 the previous year. The company's sole asset during the period is Gay Star News, which generates no revenue. Administrative expenses fall 14% to £475,793 from £555,119, while interest costs rise 12% to £72,162 from £64,214. Looking ahead, Iconic says it is committed to "finding alternative targets while focusing further on reducing its cost base."

Current stock price: down 14% to 1.20 pence per share

12-month change: 46%

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