Torotrak has reported a decline in revenue in the financial year ended 31 March 2012 (FY2012) but significantly lower losses than that seen in FY2011 and, importantly, positive operating cash flow of £2.54m (US$3.99m), a £7.3m improvement from the outflow of £4.75m seen in FY2011.
Revenue of £4.29m in FY2012 was
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