Telematics and data supplier Trakm8 Holdings updated the market on its trading for the financial year ended 31 March on Friday, reporting 26% growth in its core solutions business to £26.9m, which drove 13% year-on-year headline revenue growth to more than £30m.
Telematics and data provider Trakm8 announced on Thursday that it concluded a three-year master supply agreement with Intelematics Europe to supply devices and data.
UK-based big data company, Trakm8 announced it has been awarded a five-year contract by Calor Gas UK.
Telematics and data provider Trakm8 announced on Wednesday that it had been awarded an extension to an existing contract with Shell to expand the development of its smart charging solution.
Telematics and data provider Trakm8 announced on Wednesday that it was awarded a contract extension by frozen food retailer Iceland Foods.
Telematics and data provider Trakm8 announced that it has been awarded an initial contract by global equipment solutions provider Mecalac Construction Equipment UK - previously Terex GB - on Tuesday.
Shares in Trakm8 Holdings advanced more than 7% as investors cheered a contract extension with motor vehicle insurer Direct Line Group.
Telematics and data firm Trakm8 has won a £1.7m contract extension from car insurer Young Marmalade to provide insurance telematics solutions.
Shares in Trakm8 Holdings are down almost 9% after it raised about £2.1m to reduce debt and provide working capital to support day-to-day operations.
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.
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.
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.
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.
Shares in fleet tracking firm Trakm8 rose on Friday after it revealed it has won a £1.1m contract from Bibby Distribution.
Trakm8, a telematics and data provider, has acquired DCS Systems for £3.3m.
In a statement made at its annual general meeting on Thursday, AIM-listed telematics and data supplier Trakm8's executive chairman John Watkins told investors it had made continued strong organic growth.
Trakm8, which makes vehicle monitoring and tracking equipment, is set to top annual profit expectations thanks to new engineering service projects.
Shares in telematics company Trakm8 accelerated on news its recently acquired BOX subsidiary had won a 'significant' contract with a UK wireless security and safety provider.
Trakm8, which designs and develops hardware and software for the vehicle placement and security market, is looking to buy BOX Telematics.