Trakm8 wins long-term contract, warns of 'modest' loss

25th Feb 2021 13:29

(Sharecast News) - Telematics and data company Trakm8 has been awarded a long-term contract to deploy more than 1,000 'RH600' integrated telematics and camera systems to the Parts Alliance Group, it announced on Thursday.

Read more

Trakm8 reaches deal on delayed contract

3rd Jul 2020 09:46

(Sharecast News) - Global telematics and data insight provider Trakm8 has reached a deal to provide its fleet optimisation services to an unnamed "major UK food retailer".

Read more

Trakm8's June device shipments rise after contract wins

30th Jun 2020 09:52

(Sharecast News) - Trakm8 Holdings said device shipments rose in June after two new contracts offset the impact of Covid-19 on the wider market for fleet telematics and data.

Read more

Trakm8 trades in line, appoints new sales and marketing director

12th Mar 2020 10:50

(Sharecast News) - Fleet management technology firm Trakm8 said on Thursday that it was trading in line with expectations prior to the end of the group's trading year on 31 March.

Read more

Trakm8 enters into growth capital loan as it stabilises revenues

18th Dec 2019 09:56

(Sharecast News) - Telematics and data insight provider Trakm8 Holdings said on Wednesday that, following a period of stabilised revenues, and with the group returning to growth, it has entered into a £1.4m growth capital loan with MEIF WM Debt LP to fund its potential working capital requirements.

Read more

Trakm8 reduces losses after cost-cutting efforts

9th Dec 2019 10:27

(Sharecast News) - Trakm8 on Monday reported a narrowed interim loss as cost-cutting measures led to an improvement in margins, though revenue remained flat.

Read more

Trakm8 sees half-year revenues 'modestly ahead'

26th Sep 2019 08:43

(Sharecast News) - Telematics and data insight provider Trakm8 said on Thursday that half-year revenue is set to be "modestly ahead" of the prior year.

Read more

Trakm8's full-year revenues fall in line with expectations

29th Apr 2019 08:27

(Sharecast News) - Telematics outfit Trakm8's full-year revenues came in at the lower end of the range that management had guided towards but managed to turn a profit in the second half.

Read more

Trakm8 dives as Brexit delays hamper revenue

4th Feb 2019 09:17

(Sharecast News) - Trakm8 has warned that "ongoing Brexit uncertainty" caused third quarter delays which will lead to a reduction in full year revenue.

Read more

Trakm8 expecting solid second half, says chairman

12th Sep 2018 11:38

(Sharecast News) - Shareholders in telematics and data supplier Trakm8 were told of how the company's outlook for the current financial year ending 31 March was in line with expectations, as they gathered for the annual general meeting in London.

Read more

Trakm8 skids as profits slide due to major investment

28th Nov 2016 11:20

(ShareCast News) - First-half profits from Trakm8 slumped 77% and cash flow almost dried up as the telematics group's increased revenue and normal seasonality was blotted by a weak pound and significant investment in sales, marketing and engineering. Shares in the AIM-listed company were down 29% to

Read more

Trakm8 warns on first-half profits but still confident for full year

7th Sep 2016 15:09

(ShareCast News) - Telematics group Trakm8 warned its first-half profits would be lower than last year's but said it was confident about hitting full year targets line with previous years thanks to a strong weighting to the second half. The AIM-listed company, which also has taken a £0.5m currency h

Read more

Trakm8 lifts FY pretax profit, wins contracts with Allianz

4th Jul 2016 12:40

(ShareCast News) - Telematics and data provider Trakm8 Holdings has hiked its full-year pre-tax profit forecasts and confirmed two initial contract wins with global insurance company Allianz. At 12:37 BST, shares in Trakm8 were up 7.45% to 252.5p. Trakm8 posted a 76% surge in pre-tax profit to £3.0

Read more

Trakm8 nabs Bluetooth device order with US data company

29th Oct 2015 15:50

(ShareCast News) - AIM-listed telematics and data supplier Trakm8 Holdings has reached an agreement to supply an unnamed US-based data company with the T10 BLE Bluetooth device. It said the new client is expected to purchase over 25,000 devices during the first two years of the contract agreement.

Read more

Trakm8 signs deal with Bibby Distribution, shares rise

26th Jun 2015 09:04

Shares in fleet tracking firm Trakm8 rose on Friday after it revealed it has won a £1.1m contract from Bibby Distribution. Under the five-year contract, the firm will supply Bibby's fleet with its tailored management system. Trakm8 executive chairman John Watkins said the deal was a significant or

Read more