Imagination made a loss of £63.2million pre-tax in the year to April 30, down from a £2.2 million profit the previous year. Revenues dropped 23% to £120 million. Licensing revenue was £17.1 million down from 2015’s £37.8 million – including a one-off £5.7 million revenue reversal for an SoC Design contract Royalty revenue was £102.7 …