What3words: Losses slashed as jobs cut and sales double Tech What3words shed jobs and significantly cut its pre-tax loss as sales more than doubled in 2024, it has been revealed. The London-headquartered tech business, which is backed by ITV, Mercedes-Benz and former F1 champion Nico Rosberg, has reported a pre-tax loss of £10.6m for its latest financial year, down from the £16.4m it posted for 2023. New accounts filed with [...]
What3words: Mercedes-backed tech firm still in the red despite slashing loss in half TECH What3words, a tech company backed by ITV, Mercedes and former F1 champion Nico Rosberg, has slashed its loss almost in half thanks to a slowdown in acquisitions among its customers.
