08 Dec 2022
Trakm8 Holdings (TRAK.L) - Interims
Interims from Trakm8 Holdings plc (TRAK.L), the global telematics and data insight provider, in line with FY23 expected to be H2 weighted due to software renewal timings and ongoing connected base growth. This resulted in adj. EBIT losses (£0.8m) in H1 but we expect these will be reversed in H2. There were also one-off costs associated with September’s strategic refocus on the Insurance, Automotive and Optimisation sectors, and enterprise sales where management see major growth potential. This s ....
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Trakm8 Holdings (TRAK.L) - Interims
Trakm8 Holdings PLC (TRAK:LON) | 9.0 0 0.0% | Mkt Cap: 4.50m
- Published:
08 Dec 2022 -
Author:
David Johnson -
Pages:
4
Interims from Trakm8 Holdings plc (TRAK.L), the global telematics and data insight provider, in line with FY23 expected to be H2 weighted due to software renewal timings and ongoing connected base growth. This resulted in adj. EBIT losses (£0.8m) in H1 but we expect these will be reversed in H2. There were also one-off costs associated with September’s strategic refocus on the Insurance, Automotive and Optimisation sectors, and enterprise sales where management see major growth potential. This s ....