Full year figures from the computer technology provider were a mixed affair with both revenues and losses increasing by a significant margin. During the 12 months to June revenues surged 68% to IR£1.3m, but losses increased by IR£800,000 to IR£2.3m. Perhaps more worryingly, net debt stood at IR£1.7m - a year earlier Rapid had assets of IR£376,434. In a bid to turn things around, Rapid's management team has since been overhauled. Among the new faces are Brendan O'Sullivan (former managing director of Apple UK) and non-exec Mike Newton, ex-vice president of Dell UK.