Stonking Small Cap: still on the fast track!
This fast-growing provider of software and services to the rail and wider transport sectors is trading well, cash rich and well-placed to benefit from a high supportive environment. The latest results highlighted the Group's growing presence in North America.
Shares of this excellent little business have delivered a stunning performance since arriving on AIM nearly two decades ago. However, despite considerable growth to date, it remains a small company with a much larger addressable market than was the case several years ago. The shares have struggled to advance over the past 18 months, albeit over a difficult period for small caps in general, and it could represent a timely buying opportunity. Our commentary below takes an in-depth look at this exciting little business. Tracsis (AIM:TRCS) was established in January 2004 to “commercialise resource optimisation software” developed at the University of…