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Starcom PLC Ord NPV (STAR)

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15-Oct-2020 09:17 AM

Starcom refocuses after COVID-19 hits trading

Technology company Starcom said it was focusing on strong customer relationships and new opportunities after the COVID-19 pandemic hit its trading volumes. The company said its revenues had been hit 'significantly' by the slowdown in activity.
22-Apr-2020 01:18 PM

Starcom orders delayed, supplies disrupted by Covid-19 lockdowns

Remote tracking technology supplier Starcom said clients orders were being delayed and that it was experiencing supply disruptions owing to Covid-19 lockdowns. All of the company's US clients had ceased manufacturing, while the company's distri
02-Mar-2020 07:59 AM

Starcom posts annual loss as costs offset 4% sales bump

Remote tracking technology group Starcom posted a full-year loss after rising sales were offset by R&D, marketing and administrative costs. Pre-tax losses for the year through December amounted to $1.02m, compared to losses of $0.83m on-year. Revenue ro
03-Feb-2020 09:32 AM

Starcom eyes positive adjusted earnings as revenue rises 14%

Remote tracking group Starcom said it expected to swing to profit at the operating earnings level, as it boosted sales and maintained steady margins. Adjusted earnings before interest, tax, depreciation and amortisation for the year through December were
13-Aug-2019 09:27 AM

Starcom posts first-half loss amid flat revenue

Remote tracking specialist Starcom posted a first-half loss after flat revenue was more than offset by R&D, marketing and administration expenses. Pre-tax losses for the six months through June amounted to $0.51m, compared to losses of $0.48m on-year. R
17-Jun-2019 07:38 AM

Starcom revenue, earnings growing in line with its expectations

Remote tracking technology company Starcom said that it was on track to grow it annual revenue and earnings in line with its expectations. The company said growth would be achieved as its pipeline of new opportunities, underpinned by recurring and growi
18-Mar-2019 07:50 AM

Starcom losses narrow as sales rise

Remote tracking device supplier Starcom posted an annul loss, as rising revenue was more than offset by expenses. Net losses for the year through December amounted to $0.9m, narrowing from losses of $1.4m on-year. Revenue rose 10% to $6.0m. 'I am
29-Jan-2019 08:14 AM

Starcom sees annual losses narrowing after sales rise around 10%

Remote tracking device company Starcom said it expected to post narrower annual losses as its sales and margins rose. Revenue for the year through December was seen growing 9.9% to $6.0m, with gross margin improving to 40%, up from 38%. Ebitda was expec
11-Jan-2019 08:07 AM

Starcom warns of earnings miss amid African order delay

Remote tracking technology company Starcom said it now expected to break even at the earnings level in 2018 following a delay to a key order in Africa. Revenue for the year through December was still expected to slightly exceed current market expectation
29-Aug-2018 07:40 AM

Starcom posts first-half loss as expenses offset revenue improvement

Remote tracking group Starcom posted a loss in the first half after a surge in revenue was offset by higher administrative costs. Losses for the six months through June amounted to $477k, narrowing from losses of $925k on-year. Revenue rose 61% to $3.1m
30-Jul-2018 07:46 AM

Starcom boosts half year sales

Wireless solutions specialist Starcom reported an increase of over 50% in first half revenues compared with the same period last year. Sales for the period are expected to be around $3m (H1 2017: $1.92m) in the six months ended 30 June 2018. Gross margi
17-May-2018 09:01 AM

Starcom launches Watchlock Cube

Starcom has launched the latest iteration of its intelligent padlock, the Watchlock Cube. The product was originally planned for release in the third quarter of 2018 but is now available to the market ahead of schedule. The Cube is a standalone autono
16-Apr-2018 10:30 AM

Broker Forecast - Northland Capital issues a broker note on Starcom PLC

Northland Capital today reaffirms its corporate investment rating on Starcom PLC (LON:STAR) and set its price target at 3.70p. Story provided by Broker Forecasts data provided by
08-Mar-2018 07:41 AM

Starcom profits increase 46%

Starcom reported gross profits significantly increased by 46% to $2.1m (2016: $1.4m) in the year ending 31 December 2017. HIGHLIGHTS - Revenues for the year were $5.4m (2016: $5.1m), an increase of 6% - Gross margin rose to 38.2% (2016: 27.7%) - EBITD
22-Feb-2018 09:31 AM

Starcom loss to be materially higher than expected

Starcom has warned that its results for 2017 will differ substantially from the expectations set out in a trading update on 18 January. Although the board still expects an improvement in revenues and gross margins and a reduction in consolidated net loss
18-Jan-2018 07:44 AM

Starcom swings to EBITDA profit

Starcom, a developer of wireless solutions for the remote tracking, monitoring and protection of assets, expects to swing to an EBITDA profit of $500,000 for the year ended 31 December 2017 from a loss of $612,000 the year before. Turnover is expected to
26-Oct-2017 01:02 PM

Starcom shareholders approve resolutions at GM

Starcom has confirmed that both resolutions were passed by shareholders at today's General Meeting. At 1:02pm: (LON:STAR) Starcom PLC share price was +0.15p at 1.8p Story provided by
08-Sep-2017 07:21 AM

Starcom seals collaboration deal with a 'major European industrial group'

Starcom reached a collaboration agreement with a major European industrial group. This group has been seeking an appropriate Track and Trace technology for its new monitoring solution for the logistics and transportation industry. Its requirement was for
30-Aug-2017 09:22 AM

Starcom appoints CFO

Starcom has appointed Golan Hermolin as chief financial officer. The company said it required someone full time but its current CFO, Ehud Shenig, was unable to provide this service. Shenig will therefore resign from the board with effect from 30 Septe
30-Aug-2017 08:58 AM

Starcom wins orders from CropX

Starcom, which specialises in the development of wireless solutions for remote tracking, monitoring and protection, has signed an agreement with CropX for the supply of a number of units based on the technology of Kylos Air. The agreement provides for an
30-May-2017 02:24 PM

All resolutions passed at AGM of Starcom

Starcom has announced that all resolutions were passed by shareholders at today's Annual General Meeting. At 2:24pm: (LON:STAR) Starcom PLC share price was -0.13p at 2.13p Story provided by
30-May-2017 07:27 AM

Starcom sees FY 2017 showing annual improvement

Starcom said its FY 2017 results were still expected to show an improvement over 2016 due to the encouraging sales pipeline and new initiatives it was pursuing. "As usual, we expect most of the growth in revenues to occur in the second half of the
27-Apr-2017 01:21 PM

Starcom issues shares

Starcom has announced that it has issued and allotted a total of 5,007,037 new Ordinary Shares. The Company said 4,460,304 of the New Shares were issued at 1.75p per share in respect of the conversion of the Founder Shareholders' Loan of $100,000 an
22-Mar-2017 09:23 AM

Starcom widens FY pretax loss as revenue steady

Starcom posted a FY pretax-loss of $1.95m, from a loss of $1.76m, but said revenue growth plans for 2016 were held back due to certain component delays and below-view growth in recurring SAS revenues due to one large client. Revenue for the period was $5
27-Feb-2017 09:14 AM

Starcom predicts FY 2016 pretax loss

Starcom is anticipating a FY 2016 pretax loss of about $1.5m, from a loss of $1.76m, after inventory write-downs before provisions of $450,000. "The anticipated loss before tax is before any additional provisions which may be made in respect of rece
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