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Marshmallow cuts losses by 98.7% as turnover hits £184m

A meat cleaver cutting through the word losses

Insurtech unicorn Marshmallow has revealed that it is close to turning a profit after its losses shrunk by 98.7%.

According to a recent filing at Companies House, the holding company Marshmallow Technology Limited reported a loss for 2023 of £208,000 (2022: £16.1m loss) on turnover, which jumped 74.4% to £184m

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