The Altrincham-based group said it is taking steps to further reduce its cost base, but said it has the resources to take advantage of the consolidation in the industry.
Xpertise completed two deals earlier this year when it bought Yorkshire-based firms Power Education and Sphinx.
The firm, listed on the Alternative Investment Market, funded the deals by raising '2.2m through a shares issue.
It reported pre-tax losses of '1.14m compared with '1.57m last time.
The group said that although conditions in Britain's IT market remained challenging, turnover remained fairly constant at '4m, against '4.1m in 2001. Tweet