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: 423

Transense's annual revenues grow following strong second half

By Iain Gilbert

Date: Tuesday 30 Jul 2019

LONDON (ShareCast) - (Sharecast News) - Sensor systems provider Transense Technologies saw second-half revenues continue to improve, it announced on Tuesday, pushing full-year revenues ahead of 2018 in the process.
It was expecting full-year revenues to come to approximately £2.20m, ahead of the £2.05m recorded a year earlier, as subscription income from large mining haul trucks using Translogik's 'iTrack II' tyre monitoring system continued to gather "considerable momentum" and reach approximately £0.98m in the trading year ended 30 June.

The AIM-listed group said overheads had remained "closely controlled", helping the firm turn in a loss for the year that would be better than its previous expectations.

Chief executive Graham Storey said: "We have continued to make good progress with subscription income from iTrack II from both new and existing customers, and consider future prospects to be very positive.

"Revenues from Probe and SAWSense have fallen during the period, however the level of activity remains encouraging."

As of 1050 BST, Transense shares had picked up 0.83% to 61p.

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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 423

TRT Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
34.96% below the market average34.96% below the market average34.96% below the market average34.96% below the market average34.96% 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
21.17% above the market average21.17% above the market average21.17% above the market average21.17% above the market average21.17% above the market average
Sector averageSector averageSector averageSector averageSector average
Income Not Available
Growth
22.62% below the market average22.62% below the market average22.62% below the market average22.62% below the market average22.62% 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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