Transense Technologies (TRT)

Sector:

Automobiles and related providers

Index:

FTSE AIM All-Share

 58.00p
   
  • Change Today:
      0.000p
  • 52 Week High: 88.50
  • 52 Week Low: 42.50
  • Currency: UK Pounds
  • Shares Issued: 16.31m
  • Volume: 0
  • Market Cap: £9.46m
  • RiskGrade: 410

Transense Technologies swings to maiden EBITDA profit in H1

Date: Tuesday 04 Feb 2014

LONDON (ShareCast) - The share price of AIM-listed Transense Technologies surged on Tuesday after the company revealed that it swung to a maiden underlying operating profit in the first half as revenues more than doubled.

Chairman David Ford labelled it as a "significant watershed moment" for the firm.

The Oxfordshire-based company, which has developed sensor systems for a wide variety of markets, reported earnings before interest, tax, depreciation and amortisation (EBITDA) of £0.02m for the six months ended December 31st, compared with an EBITDA loss of £0.91m the year before.

This was helped by a jump in revenues to a record £2.22m, up 130% from £0.97m previously.

Chief Executive Graham Storey said that while the timing of new contracts and orders always remains uncertain, "the board believes that Transense is well positioned to deliver on market expectations for the full year to June 2014".

He said that forward visibility of sales for the second half is "good" with several new orders received in January.

The stock was 11.54% higher at 7.25p in afternoon trade.

BC

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

TRT Market Data

Currency UK Pounds
Share Price 58.00p
Change Today 0.000p
% Change 0.00 %
52 Week High 88.50
52 Week Low 42.50
Volume 0
Shares Issued 16.31m
Market Cap £9.46m
RiskGrade 410

TRT Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
35.58% below the market average35.58% below the market average35.58% below the market average35.58% below the market average35.58% below the market average
33.33% above the sector average33.33% above the sector average33.33% above the sector average33.33% above the sector average33.33% above the sector average
Price Trend
25.08% above the market average25.08% above the market average25.08% above the market average25.08% above the market average25.08% above the market average
Sector averageSector averageSector averageSector averageSector average
Income Not Available
Growth
22.36% below the market average22.36% below the market average22.36% below the market average22.36% below the market average22.36% below the market average
100.00% above the sector average100.00% above the sector average100.00% above the sector average100.00% above the sector average100.00% above the sector average

TRT Dividends

No dividends found

Trades for --2020

Time Volume / Share Price
0 @ 0.000p

TRT Key Personnel

CEO Graham Storey
Finance Director Melvyn Segal
Chair David Michael Ford

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