smoove on wednesday reported a wider pretax loss for its fiscal 2023 on higher costs amid what it described as a volatile economic environment the londonlisted realestate platform provider said its pretax loss for the year ending march 31 came to 58 million pounds 74 million compared with a gbp54 million loss last year smoove blamed higher administrative expenses alongside a stable gross profit in a volatile macroeconomic housing and interestrate environment the companys revenue rose 74 to gbp206 million it said while we cannot predict what is on the horizon we have proven our resilience and are well placed to grow and profit from the home moving sector now involving more of the ecosystem from estate agents to consultant conveyancing lawyers the company said