Touchstar is a supplier of mobile data computing solutions and managed services to a variety of industrial sectors. This morning's full year results reflect the outcome of a multi-year strategy coming to fruition for the group, with recurring revenue growth of 8.7% delivering overall revenue growth of 7.1% and in turn a 60% increase in PBT to £0.7m. Over the past few years, Touchstar has focused on enhancing the returns from their product offering through a shift towards recurring software licen ....

17 Apr 2024
Touchstar - Full year results: Recurring revenue strategy delivers further profit growth

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Touchstar - Full year results: Recurring revenue strategy delivers further profit growth
Touchstar plc (TST:LON) | 87.5 0 0.0% | Mkt Cap: 7.17m
- Published:
17 Apr 2024 -
Author:
John Cummins | Charlie Cullen -
Pages:
4 -
Touchstar is a supplier of mobile data computing solutions and managed services to a variety of industrial sectors. This morning's full year results reflect the outcome of a multi-year strategy coming to fruition for the group, with recurring revenue growth of 8.7% delivering overall revenue growth of 7.1% and in turn a 60% increase in PBT to £0.7m. Over the past few years, Touchstar has focused on enhancing the returns from their product offering through a shift towards recurring software licen ....