Touchstar is a supplier of mobile data computing solutions and managed services to a variety of industrial sectors. This morning, the group has released a positive set of interim results to 30 June 2022 and demonstrating good progress against the strategy. Revenue increased by 7.2%, while EBITDA rose by 23.1%, principally driven by a higher proportion of recurring revenue. The balance sheet remains robust with £1.6m net cash as at 30 June. Looking ahead, Touchstar reports that current trading ha ....
15 Sep 2022
WH Ireland:Touchstar (TST) - Interim results in line; growth in recurring revenue driving margin expansion
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WH Ireland:Touchstar (TST) - Interim results in line; growth in recurring revenue driving margin expansion
Touchstar plc (TST:LON) | 87.5 0 0.0% | Mkt Cap: 7.18m
- Published:
15 Sep 2022 -
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, the group has released a positive set of interim results to 30 June 2022 and demonstrating good progress against the strategy. Revenue increased by 7.2%, while EBITDA rose by 23.1%, principally driven by a higher proportion of recurring revenue. The balance sheet remains robust with £1.6m net cash as at 30 June. Looking ahead, Touchstar reports that current trading ha ....