Fitbug Holdings (AIM:FITB) it’s tough to be a bug!
The results statement highlighted that the Group remains “focussed on increasing market share in the prospective and rapidly growing wearable health sector”. With cash rich US rival Fitbit Inc. continuing to expand massively both inside and outside its US heartland, as we commented previously, it’s becoming very tough for Fitbug.
Fitbug has just reported revenues of a modest £991,000 for the six months ended 30 June 2015. (H1 2014: 914,000) and pre-tax loss of…
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