Finance Ireland posted a widened pre-tax loss to €323,000 in the year to June 30th, 2006, compared with €200,000 a year ago.
The company, which on December 19th changed its name from Ardent Group, posted net interest income for the year of €9,000, down from €39,000 a year ago.
However Finance Ireland, the holding company of Shared Home Investment Plan, said it is well positioned for future growth in the Irish market with its Nua Homelands business on course to start trading before the end of March.