Pure Profile sees half year losses widen after ‘challenging and transformational’ period

Online survey platform Pureprofile reported a tripling of losses in the financial year’s first six months, the company announced in its half-year results released to the ASX this morning.

In the first market announcement since founder Paul Chan left the business, the company reported a collapse in its bottom line with losses before income tax benefit climbing to $10.3m, from $2.2m in the corresponding period last year. Total comprehensive income for the half-year attributable to the owners of Pureprofile was -$8.6m, compared to -$1.8m the year prior.