Interims from Trakm8 (TRAK.L), the global telematics and data insight provider, confirm the AGM comments in September that whilst there has been growth in Fleet & Optimisation, there has been a significant drop in demand in UK Insurance driven by reduced capacity. As a result, as expected, group revenue was down 5% to £8.5m as overall connections fell 7% during H1 to 324k. On the positive side, recurring revenue and Fleet & Optimisation increased. Gross margin increased significantly, coupled wi ....
