Touchstar is a supplier of mobile data computing solutions and managed services to a variety of industrial sectors. The group has this morning released a year-end update, pointing to the fact that the Board expects to report a profitable outcome for the year (H1 2020A PBT £130k, PAT £150k). Importantly, the positive cash generation seen in H1 2020A has continued into H2, with Touchstar ending the year with a net cash position of £1.6m (gross cash £1.9m), a further increase of £300k from that rep ....

13 Jan 2021
WHI First Light: Touchstar (TST) - Update points to a robust trading performance and strong cash generation in the year

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WHI First Light: Touchstar (TST) - Update points to a robust trading performance and strong cash generation in the year
Touchstar plc (TST:LON) | 90.5 0 0.0% | Mkt Cap: 7.40m
- Published:
13 Jan 2021 -
Author:
John Cummins -
Pages:
4 -
Touchstar is a supplier of mobile data computing solutions and managed services to a variety of industrial sectors. The group has this morning released a year-end update, pointing to the fact that the Board expects to report a profitable outcome for the year (H1 2020A PBT £130k, PAT £150k). Importantly, the positive cash generation seen in H1 2020A has continued into H2, with Touchstar ending the year with a net cash position of £1.6m (gross cash £1.9m), a further increase of £300k from that rep ....