Make your money go further for just 25p per day

Tracsis (AIM: TRCS) – trading update and news of lots of lovely cash reassures

30/01/2013 · Tracsis (TRCS) 

The leading developer and consolidator of resource optimisation software, condition monitoring technology, and consultancy services to passenger transport industries, issued a reassuring trading update, ahead of its interim results for the six months ended 31 January 2013.

Group trading in the six month period has been buoyant, with revenue expected to be in excess of £4m (H1 2012: £3.7m).  It is expected that both Adjusted EBITDA and Profit Before Tax will both be ahead of the same period last year and therefore in line with expectations – full year pre-tax forecast £3.25m.

Cash in excess of £8.5m (equivalent to 34p per share) and zero debt is also nice to behold with an…

Sign up and read the full article

Register to continue reading our content.

Get FREE access now

Already a member? Login


Previous article Next article

DON'T MISS OUT!

Get top investment ideas to help safeguard and grow your wealth.

Invaluable insight from the exciting world of smaller companies.

REGISTER FREE

DON'T MISS OUT ON OUR PREMIUM CONTENT

Become a champion investor for just £90 a year. Benefit from our high performing portfolios:

START FREE TRIAL

More on Tracsis

Trading ahead | Tough to value | Patience needed

26/02/2025 · Company Insights

Positive news from the UK construction materials sector has been extremely rare but one company covered…


Elderly challenges | Demotion | Australian boost

21/11/2024 · Company Insights

News covered here includes our assessment of the latest update from one of the UK’s largest…


More Company Insights

Bonkers Bargains: reset is starting to deliver

02/04/2025 · Argentex Group PLC

Sign-up to our free email updates

SIGN UP