Compost fertiliser maker Bioganix has unveiled its first set of results since its flotation on the Alternative Investment Market in April last year.

Turnover grew more than 100% to £1.6m, but left an operating loss of £63,000.

Managing director Nick Helme said this was in line with expectations for its first year on AIM.

Bioganix had also raised more than £2.2m by issuing extra shares to part-fund its new 48,000t facility at Sharpness, near Gloucester, for which it had received planning approval.