Automated Accounts Payable provider Glantus Holdings raises 14M and successfully floats on AIM. Watch the full video here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksTrakm8 Hldgs Share News (TRAK)

Share Price Information for Trakm8 Hldgs (TRAK)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 15.50
Bid: 15.00
Ask: 16.00
Change: 0.00 (0.00%)
Spread: 1.00 (6.67%)
Open: 15.50
High: 15.50
Low: 15.50
Yest. Close: 15.50
TRAK Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

RNS Alerts are a premium feature

Login to your account

myTerminal is a premium feature

Login to your account

Don't have an account? Click here to register.

IN BRIEF: Trakm8 Revenue Trend Persists; Adjusted Loss To Shrink

Thu, 17th Sep 2020 22:14

Trakm8 Holdings PLC - telematics and data insight provider - Improving trend in revenue continued in recent months, with new orders for current financial year 9% higher than year before and July and August revenue each only 7% below prior year. Losses continue to be significantly below prior financial year. Revenue in first five months of financial year beginning April 2020 15% lower year-on-year. Overall connections up 1% at 248,000 since the start of the year. Interim revenue set to be 18% lower than last year but gross margin percentage to be 8 points higher with overheads down 30%. "As a result the half year adjusted loss is expected to be 75% lower than the prior year, and the unadjusted profit before tax to be 55% down year on year." Net debt at half-year end to be GBP5.4 million to GBP5.9 million versus GBP5.6 million year before. No full year guidance yet but said "the second half of the year will benefit from the resumption of a more normal level of Fleet activity and a significant increase in the Insurance shipments."

Current stock price: 18.10 pence

Year-to-date change: down 21%

By Anna Farley; annafarley@alliancenews.com

Copyright 2020 Alliance News Limited. All Rights Reserved.

More News

IN BRIEF: Trakm8 eyes recovery after revenue and profit slide

IN BRIEF: Trakm8 eyes recovery after revenue and profit slide

28 Apr 21 14:30

Trakm8 FY revenues 'materially impacted' by Covid-19 lockdowns

(Sharecast News) - Telematics and data insight firm Trakm8 said on Wednesday that revenues for the full year ended 31 March were in line with previous guidance, with Covid-19 "materially impacted" trading throughout the last quarter.

28 Apr 21 11:41

Trakm8 wins long-term contract, warns of 'modest' loss

(Sharecast News) - Telematics and data company Trakm8 has been awarded a long-term contract to deploy more than 1,000 'RH600' integrated telematics and camera systems to the Parts Alliance Group, it announced on Thursday.

25 Feb 21 13:29

TRADING UPDATES: Ilika Hits New Milestones For Stereax Scale-Up

TRADING UPDATES: Ilika Hits New Milestones For Stereax Scale-Up

25 Feb 21 12:27

AIM WINNERS & LOSERS: Webis In "Far Better Position", Swings To Profit

AIM WINNERS & LOSERS: Webis In "Far Better Position", Swings To Profit

25 Feb 21 10:29

IN BRIEF: Trakm8 Loss Narrows On Lower Costs; Orders Up in October

IN BRIEF: Trakm8 Loss Narrows On Lower Costs; Orders Up in October

23 Nov 20 14:37

IN BRIEF: Trakm8 Revenue Trend Persists; Adjusted Loss To Shrink

IN BRIEF: Trakm8 Revenue Trend Persists; Adjusted Loss To Shrink

17 Sep 20 22:14

UK Shareholder Meetings Calendar - Next 7 Days

UK Shareholder Meetings Calendar - Next 7 Days

10 Sep 20 16:00

UK WINNERS & LOSERS SUMMARY: CMC Markets Rises On Expected Income Beat

UK WINNERS & LOSERS SUMMARY: CMC Markets Rises On Expected Income Beat

3 Jul 20 10:37

Trakm8 reaches deal on delayed contract

(Sharecast News) - Global telematics and data insight provider Trakm8 has reached a deal to provide its fleet optimisation services to an unnamed "major UK food retailer".

3 Jul 20 09:46

Trakm8 Agrees Contract With UK Food Retailer After Covid-19 Delays

Trakm8 Agrees Contract With UK Food Retailer After Covid-19 Delays

3 Jul 20 09:09

DIRECTOR DEALINGS: Trakm8 CEO Nadeem Raza Buys 322,304 Shares

DIRECTOR DEALINGS: Trakm8 CEO Nadeem Raza Buys 322,304 Shares

2 Jul 20 16:02

Trakm8 Annual Loss Shrinks On Revenue Rise And Lower Costs

Trakm8 Annual Loss Shrinks On Revenue Rise And Lower Costs

30 Jun 20 12:36

Trakm8's June device shipments rise after contract wins

(Sharecast News) - Trakm8 Holdings said device shipments rose in June after two new contracts offset the impact of Covid-19 on the wider market for fleet telematics and data.

30 Jun 20 09:52

UK EXECUTIVE CHANGE SUMMARY: Urban Exposure Senior Team Depart

UK EXECUTIVE CHANGE SUMMARY: Urban Exposure Senior Team Depart

19 Jun 20 16:02

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.