CASTLE Street Investments, the former Cupid online dating business, has said it expects to end the year with a higher cash balance than previously anticipated.
The Edinburgh company said is it making "good progress" on closing out its liabilities.
As a result it is on course to have a cash balance in December of around £21m, which is £1m greater than it had expected.
In addition chief financial officer Niall Stirling, who is also company secretary, will not be stepping down in June as anticipated but will remain in his position until further notice.
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