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Trakm8 Holdings PLC Ord 1P (TRAK)

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23-Nov-2020 07:51 AM

Trakm8 posts first-half loss as sales slip 17%; eyes better second half

Telematics group Trakm8 posted a first-half loss but said it expected its sales to improve in the second half compared to the first. Pre-tax losses for the six months through September amounted to £0.85 million, compared to losses of £2.20 mi
17-Sep-2020 09:27 AM

Trakm8 sees lower revenues but boosts from sales in April to August

Data analytics company Trakm8 Holdings has experienced a boost in trading conditions and new orders in the first five months of its financial year, softening the blow of COVID-19. In a trading update ahead of its annual general meeting today, executive c
30-Jun-2020 10:04 AM

Trakm8 losses narrow as sales return to modest growth

Telematics group Trakm8 narrowed its annual losses after its revenue ticked higher in a modest return to growth. Pre-tax losses for the year through March amounted to £1.1m, compared to losses of £2.5m on-year, as revenue rose 2% to £19
27-Apr-2020 07:55 AM

Trakm8 to miss profit target due to Covid-19 disruptions

Telematics and data provider Trakm8 said it expected to miss its target of achieving an adjusted profit due to disruptions caused by the Covid-19 crisis. Adjusted losses for the year through March 2020 were expected to amount to about £0.2m, compar
09-Dec-2019 07:51 AM

Trakm8 posts first-half loss; sees better second half

Telematics group Trakm8 posted a first-half loss but said it still expected to nudge its way into the black for the full year. Pre-tax losses for the six months through September amounted to £2.2m, compared to losses of £2.9m on-year. Revenue
26-Sep-2019 08:39 AM

Trakm8 Holdings expects first half revenues modestly ahead

The global telematics and data company Trakm8 Holdings released a trading update ahead of its AGM today saying that it expects an improved financial performance in line with market expectations. The company is expecting the half year adjusted loss to be
08-Jul-2019 07:07 AM

Trakm8 reports big drop in revenue, swings to a loss

Telematics and data insight firm Trakm8 announced a substantial drop in revenue and posted a loss for the year ended 31 March 2019. Revenue was down 35% to £19.1m and the company revealed a pre-tax loss of £3.6m compared with a profit of &pou
29-Apr-2019 07:12 AM

Trakm8 to report annual loss as revenue slides 35%

Telematics and data supplier Trakm8 Holdings said its annual revenue had fallen to meet the bottom end of its guidance range, driving an expected loss for the year. Revenue for the year through March had slid 35% to £19.2m, which represented a fall
04-Feb-2019 07:50 AM

Trakm8 warns of up to 35% revenue slide as Brexit uncertainty delays contracts

Telematics and data supplier Trakm8 Holdings warned of an up to 35% drop in annual revenue, blaming delayed orders in its fleet division owing to Brexit uncertainty. Revenue for the year through March was expected to fall by 25-35%, the company said. Th
16-Nov-2018 07:29 AM

Trakm8 swings to loss; downgrades annual guidance

Telematics and data provider Trakm8 Holdings swung to a first-half loss and downgraded its annual guidance after overall contract revenue fell and it was hurt by trade sanctions against Iran. Pre-tax losses for the six months through September amounted t
12-Sep-2018 07:42 AM

Trakm8 confirms first-half performance lagging previous year

Telematics and data supplier Trakm8 confirmed that trading in the first five months of its financial year had lagged the previous corresponding period. The decline was largely due to the elimination of £1.6m worth of work undertaken a year ago, and
02-Jul-2018 09:52 AM

Trakm8 profit jumps 69%; warns of looming dip

Telematics and data supplier Trakm8 Holdings posted 69% growth in annual profit, after it cut costs and reinvested proceeds into its marketing efforts. However, it warned that profit would fall in the first half of the current financial year. Pre-tax pr
27-Jun-2018 09:44 AM

Trakm8 extends telematics services contract with FMG

Trakm8 Holdings said it had extended an agreement to supply fleet incident management group FMG with telematics-based services for a further three years. The company said it currently provided such services for around 5,000 FMG vehicles. 'This is
21-Jun-2018 07:05 AM

Trakm8 agrees deal to supply Intelematics Australia with telematics-based services

Trakm8 reached an agreement to supply Intelematics Australia with telematics-based services. The contract, initially for three years, provides Intelematics Australia with data, including automotive diagnostics, and a 4G self-fit on-board diagnostic (OBD)
17-May-2018 12:50 PM

Broker Forecast - Arden Partners issues a broker note on Trakm8 Holdings PLC

Arden Partners today initiates coverage of Trakm8 Holdings PLC (LON:TRAK) with a buy investment rating and price target of 140p. Story provided by StockMarketWire.com Broker Forecasts data provided by www.sharesmagazine.co.uk...
13-Apr-2018 02:33 PM

Trakm8 misses expectations with 13% revenue rise

Telematics group Trakm8 Holdings said it grew annual revenue by 13%, though sales from existing customers were lower than anticipated. Revenue for the year through March grew to over £30m, as 26% growth in the solutions unit was offset by £2.
27-Nov-2017 07:46 AM

Trakm8 profit more than doubles

Trakm8 Holdings said first-half profit more than doubled after it grew revenue in its core telematics business. Pre-tax profit of £726,000 compared to £282,000 a year earlier. "First half profitability has been very much in line with ex
06-Sep-2017 07:15 AM

Trakm8 trading 'satisfactory'

Trakm8 reported that trading in the first five months of the current financial year commencing 1 April 2017 were satisfactory and ahead of the same period last year, and consistent with expectations for the year as a whole. Executive Chairman John Watkin
31-Aug-2017 02:20 PM

Board changes at Trakm8

Trakm8 Holdings has announced that James Hedges, the Company's Finance Director, has stepped down from the Board effective 31 August. The Company said his resignation is as a result of the move of the Group's finance team from the Dorset site t
31-May-2017 07:19 AM

Trakm8 notes Iceland Foods Ltd contract extension

Trakm8 has been awarded a contract extension by Iceland Foods Ltd, the UK frozen food retailer. The contract extension covered the provision of Trakm8's Route Monkey Optimisation software. It also updated its Roadsense telematics with the latest &q
24-May-2017 09:40 AM

Trakm8 wins telematics contract

Trakm8 has been awarded an initial contract by a roadside assistance technology company, to supply devices and data. The initial contract includes a number of devices for the initial launch, along with integration engineering fees. The contract was for
24-May-2017 07:08 AM

Trakm8 wins new contract

Trakm8 won an initial contract by a roadside assistance technology company to supply devices and data. It said the initial contract included various devices for the initial launch, along with integration engineering fees. The contract would launch in Ju
28-Apr-2017 07:42 AM

Trakm8 sees FY in line with revised expectations

Trakm8 Holdings sees its FY financial performance in line with its revised expectations issued in February. "Trakm8 finished last year with results worse than we expected when we started the year," said executive chairman John Watkins. "D
04-Apr-2017 07:43 AM

Trakm8 awarded Young Marmalade contract extension

Trakm8 Holdings has been awarded a £1.7m contract extension by Young Marmalade, the UK vehicle insurance company. The contract extension covered the provision of T10 Micro hardware and data services supplied to Young Marmalade for their Young Drive
03-Mar-2017 01:10 PM

Trakm8 raises £2.1m via share issue

Trakm8 has confirmed that the Company has now raised an increased total of approximately £2.1m through the issue of an aggregate of 3,230,770 new ordinary shares of one penny each in the capital of the Company at a price of 65p per share. Executive
 
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