Tracsis (TRCS)

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Index:

FTSE AIM All-Share

830.00p
   
  • Change Today:
      10.00p
  • 52 Week High: 840.00
  • 52 Week Low: 585.00
  • Currency: UK Pounds
  • Shares Issued: 28.82m
  • Volume: 30,483
  • Market Cap: £239.21m

Tracsis sees full year results in line with market views

By Michele Maatouk

Date: Tuesday 16 Feb 2016

LONDON (ShareCast) - (ShareCast News) - Tracsis, a provider of software and technology led products and services, expects full year results to be in line with market views, with pre-tax profit lower than the previous year but revenue and earnings ahead.
Revenue for the six months ended 31 January came in at over £14m from £12m in the first half of 2015, thanks to organic growth and the contribution from the acquisitions of SEP and Ontrac.

The company said adjusted earnings before interest, taxes, depreciation and amortisation from continuing operations are expected to be slightly ahead of the previous year's £3.3m.

However, statutory pre-tax profit will be weaker due to the exceptional costs incurred in relation to the acquisitions made, the disposal of the Australian operations, and the seasonality of the acquired businesses

Tracsis said the seasonality bias only relates to the specific timing of the acquisitions made and will be reversed in the second half of the financial year where profit is expected to be significantly stronger than the first half.

"Given a good start to the financial year, the board is confident the group is well placed to deliver full year results in line with market expectations and remains vigilant to changing market conditions."

At 0926 GMT, Tracsis shares were down 5.8% to 463.95p.

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

 

Tracsis Market Data

Currency UK Pounds
Share Price 830.00p
Change Today 10.00p
% Change 1.22 %
52 Week High 840.00
52 Week Low 585.00
Volume 30,483
Shares Issued 28.82m
Market Cap £239.21m

Tracsis Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
97.19% below the market average97.19% below the market average97.19% below the market average97.19% below the market average97.19% below the market average
91.23% below the sector average91.23% below the sector average91.23% below the sector average91.23% below the sector average91.23% below the sector average
Price Trend
78.93% above the market average78.93% above the market average78.93% above the market average78.93% above the market average78.93% above the market average
75.41% above the sector average75.41% above the sector average75.41% above the sector average75.41% above the sector average75.41% above the sector average
Income
92.55% below the market average92.55% below the market average92.55% below the market average92.55% below the market average92.55% below the market average
78.05% below the sector average78.05% below the sector average78.05% below the sector average78.05% below the sector average78.05% below the sector average
Growth
46.22% above the market average46.22% above the market average46.22% above the market average46.22% above the market average46.22% above the market average
42.86% above the sector average42.86% above the sector average42.86% above the sector average42.86% above the sector average42.86% above the sector average

What The Brokers Say

Strong Buy 1
Buy 0
Neutral 0
Sell 0
Strong Sell 0
Total 1
strong_buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

Tracsis Dividends

  Latest Previous
  Final Interim
Ex-Div 30-Jan-20 25-Apr-19
Paid 14-Feb-20 03-May-19
Amount 1.00p 0.80p

Trades for 21-Feb-2020

Time Volume / Share Price
16:29 1,012 @ 840.00p
16:25 900 @ 820.00p
16:24 142 @ 835.00p
16:02 2,042 @ 831.00p
15:59 50 @ 837.00p

Tracsis Key Personnel

CFO Max Cawthra
CEO Christopher Matthew Barnes

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