Forbidden Technologies’ revenue increased by 15% year on year to £401,278 for the six months to 30 June.

The developer of cloud video platform FORscene said revenue from broadcast post-production rose by 61% to £217,739, while news and sport increased by 32%.

Over the period, the company made a loss of £189,618.

Forbidden Technologies chairman Vic Steel said: “Revenue from broadcast post-production has increased substantially while the company has continued to build on the foundations that the licence to YouTube created in the sports video environment at last year’s Olympics.”