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Pin to quick picksTransense Share News (TRT)

Share Price Information for Transense (TRT)

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Share Price: 94.50
Bid: 92.00
Ask: 97.00
Change: -0.50 (-0.53%)
Spread: 5.00 (5.435%)
Open: 95.00
High: 95.00
Low: 94.50
Prev. Close: 95.00
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Transense Technologies warns on full-year revenue

Fri, 13th Jun 2014 13:25

Transense Technologies on Friday warned that its turnover for the year ending June 30th will be lower than previously estimated, generating an overall loss.The firm, which develops non-contact battery-less sensors, explained that the length of its sales cycle has proven greater than expected, but that all of the sales prospects remain active and as such it expects to continue to achieve substantial increases in turnover year-on-year.The group, which had expected to breakeven for the year, said the total loss should be around half that reported for the previous year, which came in at £2.38m."However, given the encouraging trends in the business including the strong top line growth, robust gross margins in line with expectations and better-than-expected overheads, the loss [before interest, tax, depreciation and amortisation] for this financial year will be less than half that sustained in the previous year," a statement from the group read. Looking further ahead, the group believes it will benefit over the longer term from higher levels of repeat orders of replacement items such as its tyre probes, but said larger individual contracts "may still continue to cause some volatility in reported results".It added that at £3.2m its cash position is strong and said it has "sufficient capital required to pursue the business plan and deliver significant growth in the years ahead".Shares had declined 17.63% to 6.07p by 12:51.NR
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20 Feb 2019 13:02

Transense wins mining truck tyre contract in Burkina Faso

(Sharecast News) - Transense Technologies on Wednesday won a further contract through its Ghanaian partner WATS (West African Tyre Services) to supply 41 iTrack II mining tyre monitoring systems for haul trucks at BISSA, a Nordgold mine in Burkina Faso.

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18 Feb 2019 14:20

Transense sells 50 'iTrack II' units to mining client

(Sharecast News) - Sensor systems provider Transense Technologies announced on Monday that an unnamed client has placed an order for 50 iTrack II units.

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4 Feb 2019 09:59

Transense flying high after licensee's US Army win

(Sharecast News) - Transense Technology shot upwards on Monday after its licensee's T901-GE-900 engine was selected by the US Army for a programme to re-engine its Boeing AH-64 Apaches and Sikorsky UH-60 Black Hawks.

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9 Oct 2018 08:11

Transense shares tumble as capital fears offset solid results

(Sharecast News) - AIM-listed sensor maker Transense Technologies reported a small rise in revenue in its last trading year, helping the group narrow pre-tax losses.

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1 Aug 2018 08:57

Transense tops previous year on the back of strong rental growth

(Sharecast News) - Transense Technologies told investors on Wednesday that it had topped its performance from a year earlier thanks to solid rental income growth throughout the last reporting period.

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16 Nov 2016 16:25

UK Shareholder Meetings Calendar - Next 7 Days

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21 Sep 2016 11:14

Transense Tech's full year pre-tax profit falls but in line with expectations.

(ShareCast News) - Transense Technologies, a provider of sensor systems for industrial, mining and transportation markets, reported a rise in full year revenue but a decrease in pre-tax profit, although it was trading in line with expectations. For the year ended 30 June, revenue rose significantly

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14 Sep 2016 15:03

UK Earnings, Trading Statements Calendar - Next 7 Days

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18 Jul 2016 15:55

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18 Jul 2016 09:38

WINNERS & LOSERS SUMMARY: ARM Takeover Also Lifts Imagination Shares

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18 Jul 2016 08:49

Transense Technology wins General Electric sensor deal

(ShareCast News) - Transense Technology has signed a licensing agreement for its Surface Acoustic Wave (SAW) sensor with General Electric, with the US colossus agreeing to pay an upfront fee plus a perpetual royalty on the sale of each unit that uses the technology. In a year-end update Transense sa

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18 Jul 2016 06:50

Transense Signs Licensing Deal With General Electric, Trading In Line

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2 Mar 2016 10:40

WINNERS & LOSERS SUMMARY: Virgin Money Beats Market Expectations

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2 Mar 2016 08:37

Transense Technologies Short-Term Outlook Cautious, Swings To Profit

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