Trakm8 Holdings plc (TRAK.L), the global telematics and data insight provider, has issued a trading and strategic update that should substantially boost profitability for FY24 and beyond. FY23 revenue and adj. PBT should be in line with forecast but will be heavily H2 weighted, reflecting the timing of contract renewals plus the growth in connections. Second, TRAK has decided to focus resources on the Insurance, Automotive and Optimisation sectors and enterprise sales. TRAK has also completed th ....
