baltic classifieds group plc on wednesday posted a swing to pretax loss for the first half of the fiscal 2022 due to higher costs despite higher revenue and said that intends to propose a dividend for the full year the online classifieds groupwhich has been owned by funds advised by apax partners llp since 2019posted a pretax loss in the period ended oct 31 of 76 million pounds 101 million compared with a profit of gbp386000 for the same period a year earlier revenue increased to gbp25 million from gbp204 million driven by a strong performance in the automotive real estate and generalist business segments revenue in the jobs and services segment more than doubled however expenses increased to gbp227 million from gbp130 the year prior the company said it expects revenue to increase in line with the previous guidance the company added that it intends to propose the first dividend payment for the full year results in july 2022 shares at 0941 gmt were up 4 pence or 19 at 214 pence