Tracsis plc Announces Unaudited Consolidated Earnings Results for the Six Months Ended January 31, 2018
March 28, 2018 at 02:00 am EDT
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Tracsis plc announced unaudited consolidated earnings results for the six months ended January 31, 2018. For the six months, the company announced revenue of GBP 18,077,000 compared to GBP 15,622,000 for the same period a year ago. Adjusted EBITDA was GBP 4,306,000 compared to GBP 3,545,000 for the same period a year ago. Adjusted profit was GBP 3,917,000 compared to GBP 3,152,000 for the same period a year ago. Operating profit was GBP 2,468,000 compared to GBP 1,831,000 for the same period a year ago. Profit before tax was GBP 2,382,000 compared to GBP 1,788,000 for the same period a year ago. Profit for the period was GBP 1,900,000 compared to GBP 1,401,000 for the same period a year ago. Earnings per ordinary share, diluted were 6.55 pence compared to 4.90 pence for the same period a year ago. Net cash flow from operating activities was GBP 4,303,000 compared to GBP 2,315,000 for the same period a year ago. Purchase of plant and equipment was GBP 229,000 compared to GBP 184,000 for the same period a year ago. Adjusted profit for EPS purposes was GBP 3,349,000 compared to GBP 2,722,000 for the same period a year ago. Diluted adjusted earnings per share were 11.54 pence compared to 9.52 pence for the same period a year ago. Adjusted EBITDA was GBP 4,306,000 compared to GBP 3,545,000 for the same period a year ago. Adjusted pre-tax profit was GBP 3,917,000 compared to GBP 3,152,000 for the same period a year ago.
Tracsis plc is a provider of software, hardware, data analytics/ geographical information system (GIS) and services for the rail, traffic data and transport industries. The Company operates through two segments: Rail Technology & Services and Data, Analytics, Consultancy & Events. The Rail Technology & Services segment provides a range of products and services for the rail industry, such as software, hosting services, and remote condition monitoring. Its customer base includes train operating companies and infrastructure providers. The Data, Analytics, Consultancy & Events segment includes traffic data collection and event planning and traffic management, and data and analytics and consultancy offerings. It provides a fully integrated remote condition monitoring solution covering both hardware and software. The Company also supplies computer-aided dispatch and yard automation solutions and remote condition monitoring solutions.