Newly-filed documents for Irish drinks company Oscar Wilde Spirits have revealed that the firm experienced a loss of 693,210 last year, which increased its accumulated losses to €1.59 million.
Oscar Wilde Spirits was founded by Irish actor Victor Burke along with Stuart Hall and Conor Quinn.
As reported by The Business Post, Burke stepped down as a director the company in July of this year and was replaced by Donal Bolger.
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Burke is still an Oscar Wilde Spirits shareholder.
Hall told The Business Post that the company is currently raising money in the US and hopes to close a $5 million fundraising round soon. According to company documents, Oscar Wilde Spirits has raised approximately $2.2 million from various investors.
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