Trakm8 PLC is an AIM listed company providing market leading Fleet Management Solutions, Engineering Services and Telematics Hardware to organisations worldwide. Our customers range from corporate fleets to small businesses that all benefit from improved operational efficiency, driver safety and fuel economy from utilising our products and services.

Trakm8 are the cutting edge of the Telematics industry, integrating bespoke hardware, firmware and server solutions with ASPs, Developers and Integrators globally. The products and services we offer are all developed from our commitment to exploiting Big Data to improve driver behavior both for fuel economy and risk reductions, as well as driving service and repair quality commitments for a wide range of industries, including Insurance, Construction, Government Organisations and Utilities sectors.

Trakm8 have an in house development team dedicated to using statistical techniques to analyse Big Data to improve the accuracy of assumptions that are driven by traditional profiling. All solutions are designed, developed and manufactured within the United Kingdom, with the majority being produced in house at Trakm8 facilities. This gives customers a flexible, reliable and cost effective service to complement their fleet operations, as well as allowing Trakm8 to remain competitive in a rapidly growing market.

http://www.trakm8.com/

4 Sep finnCap 90.00 Corporate

Trakm8 signs deal with SAGAsystem

RNS


RNS Number : 4600R

Trakm8 Holdings PLC

12 September 2014






12 September 2014

TRAKM8 HOLDINGS PLC

("Trakm8" or the "Group")

Trakm8 extends reach into a new territory with SAGAsystem AS contract win



Trakm8, the AIM listed telematics and data supplier to global markets, is pleased to announce that it has signed a contract with Norwegian company SAGAsystem AS ("SAGA") to distribute the T8 tracking units and real time driver behaviour feedback product, ecoN throughout its network in Scandinavia, representing a new territory for Trakm8.

The initial order for the UK manufactured hardware is worth over £270,000, which will be followed with ongoing monthly service charges for each unit, providing a solid recurring revenue base for the Group. The initial order is expected to be delivered to SAGA by the end of 2014.

John Watkins, Executive Chairman of the Trakm8 Group commented: "We are delighted to have partnered with SAGA in the distribution of our products throughout Scandinavia, which marks a new territory for sales of ecoN. SAGA is well respected throughout the industry and we are confident that they will be successful with distributing our products to their customer base."

-ends-

Interim Results


· Revenues increased by 230%. Like for like revenues up 66%

· EBITDA increased by 367%

· Profit before tax increased 30 fold to £0.72m (2013: £0.02m)

· Like for like new orders received increased by 53%

· Underlying annualised recurring revenues increased by 130% to £5.3m

(2013: £2.3m)

· Strong cash balance maintained

· Direct Line contract shipments commenced

· New contract awards with Kubota, CE Downton & SAGA Systems

· Significantly improved banking facilities agreed post period end




http://www.moneyam.com/action/news/showArticle?id=4933032

1 Dec finnCap 100.00 Corporate

Significant Hardware Order

RNS


RNS Number : 7151Y

Trakm8 Holdings PLC

04 December 2014







4 December 2014


TRAKM8 HOLDINGS PLC



("Trakm8" or the "Group")



Trakm8 receives significant hardware order to upgrade Saint-Gobain fleet telematics





Trakm8, the AIM-listedtelematics and data provider to the global market place,is pleased to announce it has been awarded a significant hardware order from its well-established customer Saint-Gobain. This order is an expansion of the business the companies are already committed to, and will upgrade the entire installed [UK] fleet of vehicles to the Trakm8 ecoN fuel saving fleet management solution.



The contract awarded will total £1.0 million in hardware and service revenues over a two year period, with the fleet expected to be fully upgraded by March 2015.



Trakm8 has built a strong relationship with Saint-Gobain, having supplied the Swift fleet management solution to the company since 2009. The upgrade to the driver behaviour device ecoN requires some existing installed fleet hardware to be replaced along with the new addition of a real-time in-cab display. The Saint-Gobain management team is working closely with Trakm8's Applications Engineers to change driver behaviour to reduce the amount of fuel used and improve the accident risk.



In addition to the ecoN upgrade those vehicles with digital tachographs will upgrade to transmit the tachograph data via the telematics devices.





John Watkins, Executive Chairman of Trakm8 commented:

"This significant order from Saint-Gobain is testament to the quality of Trakm8 solutions and the good working relationships we have built over many years with a highly valued customer. Trakm8 invests a significant amount of its revenue into the development of future products to facilitate these good working relationships and we look forward to working closely with Saint-Gobain over the next few years to see them benefit from the ecoN driver behaviour device."



Ian Berril, Director to Transport, Saint-Gobain commented:

"We have worked with Trakm8 for many years and are pleased to upgrade our fleet to the latest technology. We anticipate a quick payback on our investment."



-ends-

Wrong thread.

Contract Announcement
RNS
RNS Number : 6934E
Trakm8 Holdings PLC
12 February 2015



12 February 2015


TRAKM8 HOLDINGS PLC



("Trakm8" or the "Group")



Marmalade signs partnership with Trakm8





Trakm8, the AIM-listed telematics and data provider to the global market place,is pleased to announce it has been awarded a contract by Marmalade, the specialist provider of cars and insurance for young drivers. The initial contract order is valued at £1 million which will be realised within the next financial year.



Established in 2006 and with over 50,000 customers, Marmalade will be provided with Trakm8's recently launched T10 hardware as well as its telematics data services. The contract will support Marmalade's New Driver Insurance product, a telematics-based insurance scheme for young drivers aged between 17 and 25. New Driver Insurance is also used for Marmalade's Fuel & Go, a scheme that offers young drivers from the age of 17 a brand new car with 12 months' free insurance from as little as £175 per month.



This is another significant insurance company to choose Trakm8 for telematics devices and data services.



John Watkins, Executive Chairman of Trakm8 commented:

"We are delighted to have Marmalade as a new insurance customer. To have another insurance company selecting Trakm8 as a telematics partner is a validation of our insurance solution offering, and reflects the extensive research and development programme Trakm8 have undertaken to be the best partner in the industry."



Nick Moger, Chairman of Marmalade commented:

"Following a thorough analysis of the possible suppliers, I am confident we have created a platform to provide even better service options for our customers using Trakm8's superior telematics offering. We are particularly pleased as Trakm8 offers British manufacturing facilities, which is an important factor for our business as we gear up for further growth in the coming year."





-ends-

/////////////////////////////////////////////////////////////////////////////////////////////////


12 Feb finnCap 100.00 Corporate

Trakm8 Holdings PLC (TRAK:LSE) set a new 52-week high during today's trading session when it reached 107.32. Over this period, the share price is up 98.74%.

Simon T of IC -My fair value target price is 120p, or the equivalent of 15 times fisical 2016 earnings estimates.

Trakm8 achieves service & manufacturing milestones
RNS
RNS Number : 3383H
Trakm8 Holdings PLC
13 March 2015

13 March 2015


TRAKM8 HOLDINGS PLC



("Trakm8" or the "Group")



Trakm8 achieves milestones in service and manufacturing capabilities





Trakm8, the AIM-listedtelematics and data provider to the global market place,is pleased to announce it reached over 100,000 units reporting to its servers for the first time in the Group's history, since formation in 2001.



Reaching this service milestone is an important step for the Group as it builds its network of customers across the UK and internationally. During this financial year Trakm8 is anticipated to manufacture and ship over 95,000 units, another record achievement for the Group, which will be facilitated via its West Midlands factory, BOX Telematics ("BOX") acquired 18 months ago.



In response to this landmark achievement and rapidly increasing demand from insurance, fleet management and integrator customers, Trakm8 has made a circa £300,000 investmentto extend the Group's existing facilities at BOX. The investment into a new surface mount assembly line, which will be installed in the next few weeks, will provide the Group with a solid base from which it can service the significant increase in volumes expected during the course of the next year and beyond.



John Watkins, Executive Chairman of Trakm8 comments:

"This marks a significant milestone in Trakm8's history and reflects the growing demand from our fleet, insurance and integrator customers. Furthermore, this investment represents the next stage of our development of the BOX manufacturing facilities in order to meet our customers' expectations for efficient delivery of high quality telematics products.



"Trakm8 has been focused on increasing the number of units reporting to the servers as part of its strategy to increase service revenues, and I am pleased to see the Group is building on this solid financial platform."



-ends-

13 Mar finnCap 115.00 Corporate

Trading Statement
RNS
RNS Number : 0479L
Trakm8 Holdings PLC
23 April 2015



23 April 2015

TRAKM8 HOLDINGS PLC

("Trakm8" or the "Group")

Year End Trading Update

Trakm8, the AIM-listed telematics and data provider to the global market place, is pleased to provide a positive update on trading for its financial year ended 31st March 2015.

Highlights

· Group revenues up c.95% year on year

· Annualised recurring revenue up 60% to £7.3m

· Trakm8 orders received up 38% year on year (like for like basis)

· Trakm8 revenues up 73% year on year (like for like basis)

· Strong traction in new contract wins announced in recent months

Trading

Trading for the year ended 31 March 2015 has been in line with the Board's expectations, with strong growth in revenues and profits compared to the prior year. Revenue for the new financial year ending 31 March 2016 is now expected to be ahead of previous management expectations, with profits comfortably ahead of previous management expectations.

Like for like orders (not including BOX business as this was owned for just five months of last year) received during the period were 38% higher than the previous year. Revenues on a like for like basis were 73% higher than last year.

The result at BOX was positively impacted by the integration of £1.8m manufacturing build of telematics devices for Trakm8. This followed the introduction of the T10 and the increased capacity at BOX with a new surface mount pcb line.

When we announced the half year results in December 2014, we reported a strong pipeline of opportunities under trial. It is pleasing to note that we have secured a number of these, which have been announced in recent months. We continue to maintain a strong stream of new opportunities some of which we would expect to convert over the coming months.

We achieved the landmark figure of exceeding 100,000 units reporting to our servers during the year and just over 96,000 units were built and shipped in the financial year as a whole. As a result the recurring revenues increased strongly with annualised March figures 60% up on the previous year at £7.3m

The Group has continued to expand its internal resources in most functions but particularly in design, development and data analysis. Sales and marketing has been strengthened along with the customer support team. Manufacturing investment for increased capacity and quality has been continuing. Net cash at 31 March 2015 stood at £0.6m.

Outlook

The outlook for the new financial year continues to be positive. Recent contract wins and the continuous increase in devices reporting to our servers means that the Group expects to achieve another strong trading performance in the new financial year. The Board now expect revenue for the new financial year ending 31 March 2016 to be ahead of its previous expectations, with profits also comfortably ahead of previous expectations.

Notice of Results

The Group expects to announce its final results for the year ended 31 March 2015 in early July 2015.

John Watkins, Executive Chairman of Trakm8 commented:

"Trakm8 has started to deliver on its potential, with excellent products and solutions, a very strong growth in the installed base, and a widening of the customer base achieved during the last financial year. The investment in resources to capitalise on the opportunities in the M2M and Big Data space is paying off and we expect to be able to continue the improvement in shareholder value."



- ends-

23 Apr finnCap 120.00 Corporate

TrakM8 set to beat expectations

By Jonathan Jones

April 23 2015, 10:51am
Trakm8’s monitoring and tracking services allows companies to track deliveries and their vehicles.



Trakm8 (LON:TRAK) almost doubled sales last year and looks set to smash expectations for this year.

In a very bullish update, the telematics and data provider said comparable revenues were 73% higher in the year to March with recurring revenue rising to £7.3mln, 60% higher than last year.

The company also now expects results to be ahead of expectations in the current financial year.

Trakm8’s monitoring and tracking services allows companies to track deliveries and their vehicles.

John Watkins, executive chairman said: “Trakm8 has started to deliver on its potential, with excellent products and solutions, a very strong growth in the installed base, and a widening of the customer base achieved during the last financial year.”

Broker finnCap said the company had delivered “an excellent trading update” citing recent contract wins and growing monthly revenue as reasons for optimism.

“We are therefore upgrading both our revenue and earnings forecasts for 2016 and lifting our target price to 120p” the broker said.

The news will delight patient shareholders who have seen the share price dip as low as 10p since its listing on AIM in 2005.

Its share price has been creeping back up since 2013 and is now higher than its listing price.

Shares jumped almost 20% today to 115p.

ST of IC today -In the circumstances, I have raised my target price from 120p to 135p, the all-time high dating back to May 2006, and a price level I feel would be warranted if Tramkm8 manages to post EPS of around 10p in the current financial year, or 10 per cent above finnCap's estimates. I would not bet against that possibility given the strong order momentum, high recurring revenue stream and scope for the pipeline to be converted into further contracted orders. My advice is to use the minor pull-back from last week's intra-day high of 125p to the current bid-offer spread of 115p to 117p as a buying opportunity.

ST of IC today - In fact, I believe the odds are firmly skewed to the company reporting yet another positive trading update alongside full-year results in early July, and analysts being forced to upgrade their numbers yet again. For instance, a modest 3 per cent revenue upgrade to Mr Daniel’s current year sales forecast would lead to a profit upgrade three times greater due to the operational gearing of Trakm8’s business to deliver EPS around 10p. In the circumstances I would run your bumper 44 per cent paper profits and await further news of contracts wins and possible earnings upgrades. Run profits.

Trakm8, the telematics and data provider to the global market place, will be announcing its final results for the year ended 31 March 2015 on Monday, 6 July 2015.

Acquisition and Directorate Change
RNS
RNS Number : 2379Q
Trakm8 Holdings PLC
16 June 2015

16 June 2015


TRAKM8 HOLDINGS PLC



("Trakm8" or the "Group")



Camera Product and Technology Acquisition

and

Directorate Change



Trakm8, the AIM-listedtelematics and data provider to the global market place,is pleased to announce it has acquired the business and assets of DCS Systems Ltd ("DCS") for a cash consideration of £3.3 million (the "Acquisition").



Acquisition

DCS specialises in the design and distribution of camera systems for the motor vehicle, bicycle and security markets. DCS trades under three main brands: RoadHawk, Dogcam and Lawmate.



The Acquisition is in line with Trakm8's strategy of augmenting its organic growth with selective acquisitions that expand its telematics offering to both insurance and fleet customers. Cameras are being increasingly used in a wide range of applications, including a significant demand for forward facing vehicle cameras to record driving incidents and to mitigate the risk from 'crash for cash' accidents. Trakm8 has an existing relationship with DCS, supplying some Trakm8 customers with its RoadHawk cameras.



DCS's last unaudited accounts for its financial year ending 30 April 2015 reported revenues of £2.8 million and profit before tax of £0.6 million. Trakm8 funded the Acquisition from its existing cash and bank facilities. Trakm8 has also obtained a further debt facility from HSBC Bank of an additional £2 million taking the total debt facility to £5.7 million, of which £3.7 million is now drawn down following the Acquisition. DCS will continue to be based in Bodmin, Cornwall and has six staff.



The Acquisition is expected to be immediately earnings enhancing.



Directorate change



Reflecting the strong growth of the Group, Trakm8 is also pleased to announce a strengthening of the Board of Directors with three new appointments. These are expected to enhance its corporate governance and ensure it has the management team to implement its growth plans and integrate acquisitions successfully.



Bill Duffy is joining the Board as an additional independent Non-Executive Director. Bill has considerable commercial experience having been CEO of Andrew Page, Halfords Autocentres and a number of other leading automotive aftermarket companies. He has also been a consultant to the Board over the past 12 months.



In addition Trakm8 is appointing two executives to be Directors of the Group: Sean Morris, as Group Engineering Director and Mark Watkins as Group Operations Director. Sean joined the Group six months ago following senior engineering positions at Continental UK, RAC and Aston Martin. Mark joined the Group 15 months ago as the Managing Director of BOX Telematics following a successful career in IT and operations at Continental UK and Ford Motor Co.



John Watkins, Executive Chairman of Trakm8 comments:

"The acquisition of DCS marks another significant milestone in Trakm8's growth strategy and reflects the growing demand from our fleet and insurance customers for camera applications. We plan to deepen the integration of the camera technology into our telematics solutions for both our fleet and insurance clients.



"Video data is increasingly used to monitor behaviour and to replay outcomes. The increase in the richness of the data generated by our telematics solutions will continue the trend of the increasing value for money in our propositions."





The following information regarding William Kenneth Duffy's (aged 56) appointment is required to be disclosed under Schedule 2g of the AIM Rules for Companies:

Other directorships held:

Current:
Within the last five years:

Econnect Cars Limited

Pangburn Consultants Limited


Andrew Page Limited

Camberley Auto Factors Limited

Halfords Autocentres Limited

Halfords Autocentres Acquisitions Limited

Halfords Autocentres Developments Limited

Halfords Autocentres Funding Limited

Halfords Autocentres Holdings Limited

NW Autocentres Limited

Oldco 1 Limited

Parts Direct Limited

Stop n'Steer Limited




Mr Duffy owns 20,000 Ordinary Shares in the capital of Trakm8.



The following information regarding Sean Anthony Morris' (aged 50) appointment is required to be disclosed under Schedule 2g of the AIM Rules for Companies:

Other directorships held:

Current:
Within the last five years:

n/a


n/a


Mr Morris does not own any Ordinary Shares in the capital of Trakm8.



The following information regarding Mark Richard Watkins' (aged 34) appointment is required to be disclosed under Schedule 2g of the AIM Rules for Companies:

Other directorships held:

Current:
Within the last five years:

Box Telematics Ltd


Watnets


Mr Watkins owns 250,128 Ordinary Shares in the capital of Trakm8.

There are no further disclosures to be made under Schedule 2g of the AIM Rules for Companies.



-Ends-

16 Jun finnCap 185.00 Corporate

ST of IC today - I now feel a fair value target price around 180p is far more realistic

Trakm8 sign deal with Bibby Distribution
RNS
RNS Number : 2701R
Trakm8 Holdings PLC
26 June 2015

26 June 2015


TRAKM8 HOLDINGS PLC



("Trakm8" or the "Group")



Trakm8 sign contract with Bibby Distribution



Trakm8, the AIM-listed telematics and data provider to the global market place, is pleased to announce it has been awarded a contract by Bibby Distribution, part of the Bibby Line Group. The contract is valued at c.£1.1 million and will see Trakm8 supply Bibby's fleet with a tailored Fleet Management Solution powered by its' UK manufactured T8 mini device. As part of the five year contract Trakm8 will also supply bespoke Engineering Services to integrate the SWIFT 6 platform into ESSL, Bibby's workflow management software platform.



Bibby Distribution was established over 30 years ago and with locations throughout the UK it is one of the UK's leading logistics providers. The contract between Trakm8 and Bibby Distribution will strengthen the Group's presence in this sector.



John Watkins, Executive Chairman of Trakm8 comments:

"We are delighted to have Bibby Distribution as a new Trakm8 customer. We have great confidence in our UK manufacturing capabilities, and also carry out all design and development in house, as well as owning the IP. This means the product portfolio we offer our clients enables us to tailor solutions according to their individual needs, making us a flexible and efficient partner to work with.



"This is another significant order for Trakm8's telematics devices and integration services, and we continue to have a strong pipeline of opportunities."



Nigel Tullett, Corporate Strategic and Development Director of Bibby Distribution comments: "The use of technology to improve asset utilisation and security helps Bibby provide a market leading service to our customers. The Trakm8 solution helps us stay ahead in a highly competitive market place"



-ends-

26 Jun finnCap 185.00 Corporate

Finals Mon 6 July

RNS
RNS Number : 2049S
Trakm8 Holdings PLC
06 July 2015



6 July 2015


TRAKM8 HOLDINGS PLC



('Trakm8' or 'the Group' or 'the Company')



Final Results

for year ended 31 March 2015





Trakm8, the AIM-listed designer, developer and manufacturer of GPRS based hardware and software for the vehicle placement and security market, is pleased to announce its results for the year ended 31 March 2015.





Financial highlights



· Results ahead of expectations

· Revenue up 95% at £17.9m (2014: £9.2m)

· Recurring revenues up by 65% to an annualised £7.45m (2014: £4.6m)

· Like for like orders received up 38% during the year

· Adjusted EBITDA* £2.60m (2014: £1.24m)

· Adjusted profit before tax* £1.82m (2014: £0.88m)

· Profit before tax £1.70m (2014: £0.40m)

· Adjusted earnings per share* 6.24p (2014: 4.08p)

· Strong cash position £3.4m

· Significantly increased banking facilities agreed





Operating highlights



· Significant recurring revenue growth

· Major contracts secured with Marmalade and Saint-Gobain

· Successful integration of BOX Telematics Ltd and ongoing consolidation of their telematics systems with Trakm8's

· Encouraging order pipeline and sales opportunities





Current trading and post year end events



· Completion of £3.3m acquisition of the trade and assets of DCS Systems Ltd ("DCS")

· Strengthening of the Board with second independent non-executive appointed

· Year to date revenues are ahead of last year and management now expect to modestly exceed previous market expectations for the year

· Continuing to secure significant customer contracts









* before exceptional costs and share based payments



John Watkins, Executive Chairman of Trakm8 said:



"I am pleased to report on another excellent year for Trakm8 with our results being ahead of expectations. Our strategy of increasing the numbers of units reporting to our servers is proving very successful. Strong growth in installed units and the consequent service revenues has been at the core of significantly improved financial results.



"We are confident that our investments in acquisitions, operational efficiency improvements, engineering resources, new products and additional sales resources together with the benefit of new contract wins will positively impact the new financial year and beyond.



"Overall, the first three months of trading are ahead of last year and we now expect to modestly exceed previous market expectations for the year ending 31 March 2016."



A presentation for analysts is being hosted today (6 July 2015) at 9.15am for 9.30am at finnCap's offices. For further information, please contact MHP Communications on trakm8@mhpc.com.



-ends-

6 Jul finnCap 220.00 Corporate

ST of IC today - In fact, I feel so strongly that I have a revised year-end target price of 200p. Trading on a bid-offer spread of 171p to 175p, and offering 15 per cent potential upside, I rate Trakm8's shares a buy.

Proposed placing by Directors
RNS
RNS Number : 1718U
Trakm8 Holdings PLC
27 July 2015

THE INFORMATION CONTAINED HEREIN IS RESTRICTED AND IS NOT FOR PUBLICATION, RELEASE OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES, CANADA, AUSTRALIA, JAPAN, THE REPUBLIC OF SOUTH AFRICA OR NEW ZEALAND OR ANY JURISDICTION IN WHICH SUCH PUBLICATION, RELEASE OR DISTRIBUTION WOULD BE UNLAWFUL.



TRAKM8 HOLDINGS PLC



("Trakm8" or the "Company")



Proposed placing by Directors



Trakm8, the AIM-listed telematics and data provider to the global market place, is pleased to announce that certain Directors of the Company intend today to sell up to 1,220,000 existing ordinary shares of one pence each in the Company (the "Placing Shares") at a price of 157.5 pence per Ordinary Share, representing approximately 9.6 per cent. of the Directors' total existing shareholding (the "Placing").



The Placing Shares are being sold to satisfy market demand.



Assuming the Placing is completed in full, the Board of Trakm8 will continue to hold approximately 39.7 per cent. of the voting rights of the Company.



The completion of the Placing and the resulting Directors' shareholdings will be announced as soon as practicable. The Company's report and financial statements for the year ended 31 March 2015 are available from the investor relations section of the Company's website: www.trakm8.com/investor-relations.

ST of IC today - I feel there is a very decent chance of my upgraded target price of 200p being hit. Trading on 16 times forward earnings, and rated on a PEG ratio below one, I rate Trakm8’s shares a buy on a bid-offer spread of 175p to 178p.

AGM Statement & Trading Update
RNS
RNS Number : 1838Y
Trakm8 Holdings PLC
09 September 2015

Trakm8 Holdings plc

("Trakm8", the "Group" or the "Company")

AGM Statement & Trading Update



Trakm8 Holdings plc, the AIM listed telematics and data supplier to global markets, is today holding its Annual General Meeting. Executive Chairman John Watkins will be making the following statement on current trading at the meeting.

Trakm8 is pleased to advise that trading in the first five months of the current financial year commencing 1 April 2015 has started well. Group new orders booked have been received at a rate of 19% greater than the same period last year. This continues the trend of strong organic growth of recent years. The early weeks of DCS' camera sales, following its acquisition in June, have been at the expected levels. Overall, Group revenues are considerably higher than last year benefiting from higher order books and contributions from acquisitions.

Recurring revenues also continue to grow with 127,000 units now reporting to our servers, an increase of 24,000 since the last financial year end.

A new customer contract with Bibby Distribution was announced in June and the installations have already started. A BLE (bluetooth low energy) diagnostic version of our T10 telematics device has been launched and supplied to customers in the UK and USA. Further T10 derivatives are in the final stages of approvals.

The Board is confident that, with this good start to the current financial year, the Group remains on course to achieve its expectations for the full year.

Capital Markets Event



Following the AGM, the Company is hosting a Capital Markets presentation for analysts and investors, from 10.30 - 12.00 at the same location. Private investors are welcome to attend. Those wishing to attend the presentation should pre-register their interest by e-mailing MHP Communications at trakm8@mhpc.com

No new material financial information will be disclosed in the presentation.

Trakm8 reassured with its AGM statement. This one has been a terrific performer and many will be anticipating more good news around the corner to bring out the upgrades.

The rating looks up with events, for now, but this one has a track record of exceeding expectations! - See more at: http://www.investorschampion.com/blog/

trakm8-makes-strong-start-to-the-year-says-chairman

IC - The groups shares trade at 20 times forecast earnings for the year to March 2016, but that is expected to fall to an attractive rating of 14 times the following year. We think investors should strap in and enjoy the ride.

Major demand for the product, sp flying.

ST of IC today - On a bid-offer spread of 240p to 245p, I would run your 166 per cent paper gain ahead of what will likely be a positive trading update alongside a bumper set of half year results in early December. Run profits.

Significant New North American Contract
RNS
RNS Number : 7771D
Trakm8 Holdings PLC
29 October 2015

Trakm8 Holding Plc

("Trakm8" or the "Company")

Significant New North American Contract

Trakm8 Holdings plc, the AIM listed telematics and data supplier to global markets, is pleased to announce it has reached agreement to supply a major USA based data company with the T10 BLE (Bluetooth™ Low Energy) device.

The Trakm8 T10 BLE communicates with mobile phones via Bluetooth relaying real-time journey data to the registered device.

This new client is expected to purchase over 25,000 devices during the first two years of the contract agreement.

John Watkins, Executive Chairman of Trakm8 comments:

"We are delighted to be working with this major customer to provide technology to the North American insurance market. Considerable engineering investment has been required to create an enhanced product with tremendous potential which can be utilised both in North America and elsewhere."



-Ends-

29 Oct finnCap 250.00 Corporate

3 Nov finnCap 250.00

ST of IC today - Ahead of the next scheduled trading update alongside what will undoubtedly be impressive half-year results in early December, I would run your 167 per cent paper profits.

Shares - Telematics equipment manufacturer Trakm8 is starting to successfully extend its sales scope beyond the UK, a move that looks set to power a big surge in earnings over the next 18 months.

Notice of Results
RNS
RNS Number : 4990F
Trakm8 Holdings PLC
12 November 2015



12 November 2015







TRAKM8 HOLDINGS PLC



Notice of Results



Trakm8 Holdings plc, the telematics and data provider to the global market place, will be announcing its half year results for the six months ended 30 September 2015 on Monday, 23 November 2015.

Half year report

Financial Highlights

· Revenues increased by 38%. Like for like revenues up 30%; recurring revenues up by 65%

· Orders received increased by 29%. Like for like orders received up 21%

· Adjusted EBITDA increased by 70%

· Adjusted profit before tax increased by 89% to £1.48m (2014: £0.78m)

· Strong net cash generation compared to previous half years



Operating highlights

· New contract awards and extensions including with Bibby Distribution Ltd

· Acquisition of trade and assets of DCS Systems Ltd ("DCS")

o Integrated and earnings enhancing

· Installed base continues to grow

o approximately 135,000 units (2014: 77,000) reporting to our servers



Current trading

· Benefit of new contracts together with strong order pipeline

· Expect to modestly exceed current expectations

23 Nov finnCap 318.00 Corporate

class-act-trakm8-still-growing-fast



And finnCap is confident Trakm8 can beat current full-year forecasts, having increased its 2016 earnings per share (EPS) by 3% to 11.3p. This will represent year-on-year earnings growth of an impressive 93%. The pre-tax profit forecast for 2017 improves by 13% to £5.8 million, giving EPS of 15.9p.

Despite falling 2% to 264p on Monday, Trakm8 has still surged by a phenomenal 218% since the beginning of 2015. But analyst Lorne Daniel believes the shares should easily pass this milestone.

"Although the shares have performed extremely well, the historic and prospective earnings growth more than justifies the appreciation: 93% this year and 40% in year-end March 2017," he says.

"On just a sector average 20x fwd1 FD adj. EPS of 15.9p, the shares should trade at 318p."

ST of IC today - The bottom line is that having seen the shares rise by 20 per cent to 300p after I last recommended running profits at 250p at the start of November ('Five companies that keep delivering', 3 November 2015), I feel that the share price has yet to reach a final peak. Offered in the market on a bid-offer spread of 257p to 262p, I recommend running your 185 per cent paper gains and target a return to the recent high of 300p, and potentially to finnCap's new target of 318p. Run profits.

trakm8-s-flat-out-to-capitalise-on-growth-potential

Trakm8 contract extension with the AA
RNS
RNS Number : 8699I
AA PLC
14 December 2015

14 December 2015



AA plc





Trakm8 contract extension with the AA





Trakm8, the AIM-listed telematic car data provider to the global market, and the AA plc have announced an extension to their current relationship.



Trakm8 has been the supplier of telematic systems to the AA for their roadside assistance and recovery vehicles for over four years, bringing considerable operational and economic benefits to the business over that time.



It has now worked with the AA to develop a new business-to-business fleet management system. The new product will be offered to the AA's business-to-business fleet customers, enabling them to help manage both the cost and logistics of running their fleets. The solution is expected to be attractive to large fleet operators as well as SMEs running fleets of five or more vehicles.



The system allows individual vehicle data to be tracked, including fuel consumption, driver behaviour and routes taken.



John Watkins, Executive Chairman of Trakm8 commented:

"This is a substantial contract and an extremely interesting opportunity for Trakm8. Working with the AA on this project, we will substantially increase our understanding of remote vehicle service potential for fleets."



Kirsty Lloyd-Jukes, the AA's Strategy Director said:

"We have worked with Trakm8 on our own vehicle fleet for some time and they have demonstrated great innovation and support for our business. This initiative for our fleet customers is an important part of the investment in connected car technology that we are developing. We are looking at a number of options that will add value to our proposition for the rest of our business customers and our personal members."

ST of IC today - I would run your 291 per cent paper profits given the earnings risk is heavily skewed to the upside. Run profits.

Directorate Change
RNS
RNS Number : 1816J
Trakm8 Holdings PLC
16 December 2015

16 December 2015

TRAKM8 HOLDINGS PLC

("Trakm8", the "Group" or the "Company")

Directorate Change

Trakm8 Holdings plc, the AIM listed telematics and data supplier to global markets, announces that on 15 December 2015, Paul Wilson, Group Sales and Marketing Director stepped down from the Board of Directors to take up a significant new role within the Group; this relates to the AA contract extension announced on 14 December 2015.

Paul has been appointed to the newly created role of Director of Trakm8's dedicated AA Business Unit so that he can concentrate his entire efforts on building the Trakm8 team and its growing business with the AA. As a result Paul has relinquished his previous role of Group Sales and Marketing Director with immediate effect. Paul originally joined our team in early 2009 and has played a significant role in building the customer base and product strategy of the Group. We are very grateful for his contribution to the Board and thank him for his willingness to concentrate on this important new task.

John Watkins, Executive Chairman of Trakm8 comments:

"We are very excited by the opportunity to build significant new business with the AA addressing their business customers. We believe Paul's new dedicated role is critical to achieving this."

Acquisition and Placing
RNS
RNS Number : 6820J
Trakm8 Holdings PLC
21 December 2015

THIS ANNOUNCEMENT AND THE INFORMATION CONTAINED IN IT IS NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN WHOLE OR IN PART, IN OR INTO OR FROM ANY JURISDICTION WHERE TO DO SO MIGHT CONSTITUTE A VIOLATION OF LOCAL APPLICABLE SECURITIES LAWS OR REGULATIONS.





21 December 2015



TRAKM8 HOLDINGS PLC



("Trakm8", the "Group" or the "Company")



Proposed acquisition of Route Monkey Holdings Limited and £6 million placing



Adds fleet routing optimisation capability



Trakm8 Holdings Plc, the AIM listed telematics and data provider to the global market place, is pleased to announce that it has conditionally agreed to acquire the entire issued share capital of Route Monkey Holdings Limited ("Route Monkey"), a provider of technology solutions that optimise fleet routing, for a consideration of up to £9.1 million, including maximum deferred consideration of £2.0 million (the "Acquisition").



The Acquisition will be funded through a combination of a drawdown of new Trakm8 debt facilities, a placing of 1,801,802 new ordinary shares of one pence each in the Company ("Ordinary Shares") ("Placing Shares") at a price of 333 pence per Placing Share (the "Issue Price") to raise £6 million (the "Placing") and 184,441 new Ordinary Shares being issued as part of the consideration to the senior management shareholders of Route Monkey ("Consideration Shares").



The Placing with new and existing institutional investors, conducted by finnCap, was oversubscribed. The Placing adds new blue-chip institutions to the share register. The Acquisition is expected to complete ("Completion") on admission of the Placing Shares to trading on AIM ("Admission").



The Acquisition is in line with Trakm8's strategy of augmenting its organic growth with selective acquisitions that expand its telematics offering to both insurance and fleet customers. The Acquisition is expected to be immediately earnings enhancing.





Transaction Highlights



· Trakm8 to acquire Route Monkey for a consideration of up to £9.1 million, including a maximum of £2 million deferred cash consideration;

· Initial consideration of £5.4 million is payable on Completion, in addition to a repayment of a company loan valued at £1.7 million1;

· The initial consideration will be funded as follows:






£0.5m
Debt draw down on new banking facilities

£6.0m
The Placing

£0.6m
Consideration Shares

£7.1m
Total






Strategic Highlights



The Acquisition brings the following strategic benefits for Trakm8:



· Route Monkey adds new and complementary technology capability to Trakm8 in the field of fleet route planning including a strong capability for electric vehicles;

· Trakm8 will integrate Route Monkey's algorithms and related software into Trakm8's telematics and camera solutions to provide an enhanced service offering;

· Trakm8's existing Logistics solution is highly effective in the organisation of orders, jobs and deliveries but will benefit from a dynamic optimisation enhancement which Route Monkey provides, and;

· Trakm8 provides Route Monkey with access to its larger customer base and sales force.





John Watkins, Executive Chairman of Trakm8 commented:

"The acquisition of Route Monkey is highly complementary to Trakm8 as it adds route planning and optimisation capability to our existing technology, a key to enabling us to offer integrated solutions to customers in line with the development of market requirements.



"We look forward to welcoming the Route Monkey team into the growing Trakm8 group and expect the business will add another source of organic sales growth and recurring revenues.



"Together the acquisitions of Route Monkey and DCS (completed in June 2015) significantly enhance Trakm8's competitive advantage, add substantial growth opportunities, and are expected to be earnings enhancing."

Broker Forecast - finnCap issues a broker note on Trakm8 Holdings PLC
BFN
finnCap today reaffirms its corporate investment rating on Trakm8 Holdings PLC (LON:TRAK) and raised its price target to 425p (from 318p).

Story provided by StockMarketWire.com

ST of IC today - So, with strong organic growth and complementary earnings accretive bolt-on acquisitions set to drive Trakm8's earnings even higher than analysts predict, I am upgrading my recommendation back to a buy at 300p and have a new target price of 400p. Buy.

Back below 200dma so looking more attractive. I'm still not convinced though.

Year End Trading Update

RNS


RNS Number : 2837W

Trakm8 Holdings PLC

26 April 2016




26 April 2016



TRAKM8 HOLDINGS PLC

("Trakm8", the "Company" or the "Group")



Year End Trading Update



Trakm8, the AIM quoted telematics and data provider to the global market place, today announces a trading update for its financial year ended 31st March 2016.



Highlights



· Revenues up 44% year on year

o Strong organic growth with like for like revenues up 28% year on year

o Recurring revenue up c.50% to over £8m

· Orders received up 29% year on year (like for like basis), 151,000 units now reporting to our servers

· Reduced year-end net debt* of £0.97m, reflecting strong cash generation

· Maiden 2p final dividend per share to be proposed

· Recent substantial contract wins with Iceland Foods, Kubota UK, the AA and BT Fleet

· Two acquisitions completed in the year; integrations proceeding to plan

and trading in line with expectations

· Appointment of J.P. Morgan Cazenove as Financial Adviser to the Company



* Net debt defined as bank debt (£4.84m) less gross cash (£3.87m).



Trading



Trakm8 has achieved significant growth in revenues and profits compared to the prior year. Growth in group profitability is in line with expectations and driven by year on year revenue growth of 44% and a small improvement in gross margins.



Strong cash generation during the second half of the year resulted in year end net debt of £0.97m, being £1.3m better than expectations.



Like for like orders (excluding the DCS business and Route Monkey which were acquired during the year) were 29% higher than the previous year. Route Monkey recently received a three year contract extension from Iceland Foods amounting to circa £0.5m. In addition the Group has recently signed a number of new large contracts which are expected to start generating value for the Group in the new financial year.



Revenues on a like for like basis were 28% higher than last year. The DCS business and Route Monkey achieved revenues in line with our projections at the time of these acquisitions.



We achieved another large increase in connections with approximately 151,000 units reporting to our servers by year end (2015: approximately 102,000). On the back of this increase, recurring revenues increased strongly, being approximately 50% higher than the previous year at over £8m (2015: £5.6m).



BOX Telematics has further benefitted from the growth of manufacturing devices for Trakm8 and from the decision to reduce the level of lower margin product sales to third parties. Over 153,000 units were built and shipped both to other telematics companies and to report to our servers in the financial year as a whole, an increase of 51% compared to last year.



The Group continues to invest heavily in internal resources to manage its growth, particularly in engineering where the opportunities for new integrated camera, telematics and optimisation solutions has resulted in a significantly higher investment in IP.



The pipeline of new customer opportunities is growing, following investment to strengthen our sales force and marketing activities.



Outlook



The outlook for the new financial year is encouraging with strong revenue visibility reflecting the strength of Trakm8's business model. This is supported by recent contract wins including BT Fleet who will be reselling our Trakm8 solutions to its existing and new customers.



The Board is planning a significant increase in sales and marketing investment to support the strength of the Company's new products, solutions and algorithms in this fast growing market.



The full year benefit of the two acquisitions, recent contract wins, including the important new reseller contracts with the AA and BT Fleet, and the continuous increase in devices reporting to our servers means the Board expects another strong trading performance in the new financial year.



Appointment of Financial Adviser



J.P. Morgan Cazenove were appointed as the Company's Financial Adviser this month. The appointment reflects the Board's belief that it is appropriate to broaden its advisory relationships given the evolution of the business and the telematics industry and to help us take the next steps in the Company's development.



Dividend



The Board has considered the payment of a dividend in light of the Group's strong financial performance and its confidence in Trakm8's prospects. As a result, the Board intends proposing a maiden final dividend of 2 pence per ordinary share subject to shareholder approval at the Company's AGM in September.



Notice of Results



The Group expects to announce its final results for the year ended 31 March 2016 on Monday, 4 July 2016.



John Watkins, Executive Chairman of Trakm8 commented:



"Trakm8 has continued to build on the momentum established over recent years based on strong organic growth supplemented by selective acquisitions. These acquisitions and our own significant investment has given the Group an unrivalled portfolio of in-house capabilities to take to market.



"The cash generative model of our business not only enables us to make considerable investments in capital assets, IP and acquisitions, but also now to join the list of AIM companies paying dividends.



"We are well positioned to build on the excellent platform that we have established and to capitalise on the outstanding current market opportunities."



- ends-

Contract Win

RNS


RNS Number : 8920W

Trakm8 Holdings PLC

03 May 2016




TRAKM8 HOLDINGS PLC



("Trakm8" or the "Group")



ScottishPower Awards Trakm8 Telematics Contract





Trakm8, the AIM quoted telematics and data provider to the global market place, is pleased to announce it has been awarded an initial four year contract by ScottishPower to supply Fleet tracking and driver behavior solutions for 1,608 vehicles.



ScottishPower is part of the Iberdrola Group and is one of the UK's leading utility companies, working often in extreme weather conditions. Telematics are expected to play a significant part in improving operational efficiency and management of the technical fleet.



Trakm8 will provide hardware and data services based on the very latest T10 and Light bar hardware and Trakm8's innovative risk and vehicle service data analysis tools. The vehicle hardware installation will take place during H1 of 2016.





John Watkins, Executive Chairman of Trakm8 commented:

"We are delighted to have ScottishPower as a customer for Trakm8's commercial vehicle fleet telematics solutions. We have been providing telematics to major fleets for many years but this is the first major customer for our full function T10 product and Swift 6 driver profiling. This contract provides additional visibility for our expectations for the current financial year."



John Moore, Vehicle Maintenance Manager of ScottishPower commented:

"We undertook a rigorous supplier selection process and are pleased to have selected, what we believe, to be the best value telematics solution for ScottishPower."





-ends-

ST of IC yesterday - It's a chart break-out that the forthcoming financial results due to be released on Monday, 4 July 2016 would more than justify, and ahead of that release I maintain my buy advice with the shares trading on a bid-offer spread of 285p to 290p. My target price remains 400p, just shy of the record high hit last December. Buy.

Final results

· Revenues up 44% year on year included:

o Strong organic growth of 28%

o First time contributions from the trade and assets of DCS Systems Ltd ("DCS") and Route Monkey Holdings Ltd ("RML") which were acquired in the year

o Recurring revenues up 49% to £8.31m

· Orders received up 29% year on year (organic basis)

· Net debt+ of £1.09m (2015: net cash £0.60m), following £10.4m acquisition cash spend, £6.0m equity placing and strong cash flow and conversion

· Maiden final dividend of 2 pence per share to be proposed

Operating highlights:

· 151,000 units now reporting to our servers (2015: 102,000)

· Two acquisitions, DCS and RML completed in the year; integrations proceeding to plan. Both are profitable, cash generative and earnings enhancing

· Substantial contract wins for both fleet and insurance customers:

o during the year: with Iceland Foods, Kubota UK, and the AA

o post year end: with Scottish Power, BT Fleet, Allianz and Shell

· Significant investment in R&D and sales and marketing resources to drive growth

* before exceptional costs and share based payments + total borrowings less cash

Contract Win

RNS


RNS Number : 0653D

Trakm8 Holdings PLC

04 July 2016





4th July 2016


TRAKM8 HOLDINGS PLC



("Trakm8" or the "Group")



Allianz Awards Trakm8 Telematics Contracts





Trakm8, the AIM-listed telematics and data provider to the global market place, is pleased to announce it has been awarded two initial contracts by Allianz, the global insurance company, to supply devices with uniquely developed software to Allianz's Global Telematics business.



The initial supply contract comes with a launch order of 5,000 devices to start the pipe filling for Allianz Insurance telematics in China.



Trakm8 will provide the latest generation 5 T10 Micro self-fit telematics device, which initially will be manufactured in the Group's UK manufacturing facility. It is anticipated that manufacturing in Asia will take place as the volumes increase.



Trakm8, under a separate contract, will also develop specific software to meet the requirements of Allianz.





John Watkins, Executive Chairman of Trakm8 commented:

"We are delighted to add Allianz as a customer for Trakm8's insurance telematics solutions. We have been providing telematics to insurance companies for just over two years and Allianz is the first major customer for our next generation T10 Micro product. These contracts provide additional visibility for our expectations for the current financial year and beyond."





-ends-

4 Jul finnCap 425.00 Corporate

AGM Statement & Trading Update

RNS


RNS Number : 1316J

Trakm8 Holdings PLC

07 September 2016




7 September 2016

Trakm8 Holdings plc

("Trakm8", the "Group" or the "Company")

AGM Statement & Trading Update



Trakm8 Holdings plc, the AIM listed telematics and data supplier to global markets, is today holding its Annual General Meeting. Executive Chairman John Watkins will make the following statement on current trading at the meeting.

"Trakm8 is pleased to report that trading in the first five months of the current financial year commencing 1 April 2016 has started satisfactorily and is consistent with its expectations for the year as a whole. Group new orders booked have been received at a rate of 37% greater than the same period last year, of which 27% is organic growth. This continues the trend of strong growth of recent years. The period included the Scottish Power contract award announced in May and the bulk of these units are now installed.

Recurring revenues have also continued to grow with 169,000 units now reporting to our servers, an increase of 18,000 since the year end. This increase is based on an increase in Fleet Telematics of 7,000 to 66,000 units supplied to almost 2,300 customers and an increase in Insurance Telematics of 11,000 to 103,000 units.

In line with previous years, the weighting of Group revenue, profits and cash flow is expected to be in favour of the second half. This is due to the fact that reporting units tend to accumulate as the year progresses as well as the timing of deployment of orders won in the first half. Half year profitability is expected to be less than the first half of last year, with a stronger second half anticipated fulfilling the growing orders received in the financial year to date.

The UK Referendum vote to leave the EU has resulted in a c. £0.5m increase in our component costs due to the impact of exchange rate movements. However we are optimistic that this will be partially mitigated by our drive to increase sales overseas and through supplier cost down actions. To date we have seen no impact on customer confidence in terms of our sales activity and order pipeline.

In August, we acquired Roadsense Technology, a specialist telematics sales company, for £0.8m in cash. The business was acquired to consolidate and grow the Group's share of the SME market, in which it has been historically underrepresented and which is growing quickly. Roadsense reported revenues of £0.9m and operating profits at break even in its financial year ending 31.3.16. It had 3,500 units reporting to its servers on completion.

Overall, Trakm8 has had an encouraging start to the financial year in terms of new orders, as a result of which the Board's overall outlook for the year is unchanged (excluding the impact of exchange rate movements). The Group will report its half year results as usual in late November."

Capital Markets Event



Following the AGM, the Company is hosting a Capital Markets presentation for analysts and investors. No new material financial information will be disclosed in the presentation.

Contract win
RNS
RNS Number : 0136G
Trakm8 Holdings PLC
24 May 2017
 
24 May 2017
TRAKM8 HOLDINGS PLC
 
("Trakm8" or the "Group")
 
Roadside Assistance Technology Company Awards Trakm8 Telematics Contract
 
 
Trakm8, the AIM-listed telematics and data provider, is pleased to announce it has been awarded an initial contract by a roadside assistance technology company, to supply devices and data.
 
The initial contract includes a number of devices for the initial launch, along with integration engineering fees.
 
The contract is for launch in July 2017 to the customer's roadside assistance partners in Europe.  The initial focus will be in the UK and Holland. It is expected that the solution will be extended to other European markets in due course.
 
Trakm8 will provide its latest generation Connect 300 plug in telematics device. Data supplied will be from the Trakm8connectedcare solution to monitor the vehicle health and usage based on Trakm8's extensive automotive diagnostic knowledge.
 
 
John Watkins, Executive Chairman of Trakm8 commented: 
"We are delighted to win another customer for Trakm8's automotive telematics solutions. We have been providing telematics on extended trial with our Trakm8connectedcare product for about 12 months. It is also encouraging that this solution is expected to be offered in multiple countries.
 
"This contract is expected to be a significant one and provides additional visibility for our expectations for this financial year and beyond."
 
 

Mecalac awards Trakm8 telematics contract
RNS
RNS Number : 3824G
Trakm8 Holdings PLC
30 May 2017
 

TRAKM8 HOLDINGS PLC
 
("Trakm8" or the "Group")
 
Mecalac awards Trakm8 telematics contract
 
 
Trakm8, the AIM-listed telematics and data provider, is pleased to announce it has been awarded an initial contract by Mecalac Construction Equipment UK Ltd (previously Terex GB), the global equipment solutions provider.
 
The partnership, based on supplying a minimum 2,000 units over the first three years, will commence from June 2017.  As part of the agreement, products will be sold to Mecalac customers worldwide.
 
Trakm8 will provide the latest generation T10 telematics device, which is manufactured in the Group's UK manufacturing facility. Data supplied is based on Trakm8's Asset solution to monitor the machines health and usage based on Trakm8's extensive automotive diagnostic knowledge. The Telematics devices will be fitted on the Mecalac manufacturing line to full automotive standards.
 
John Watkins, Executive Chairman of Trakm8, commented: 
"We are delighted to have Mecalac as a customer for Trakm8's construction equipment telematics solutions. This contract provides additional visibility for our expectations for this financial year and beyond."
 
Lee Aldridge, Programme Manager of Mecalac Construction Equipment UK Ltd, commented: 
"Over the past few years, we've seen customer demand for telematics capability increase significantly. By partnering with Trakm8, we can now offer a market-leading, proven solution for customers around the world."
 
 
-ends-

Anyone any thoughts on latest results, is all the bad news out now?!

Good article in Shares today -There are subtle differences between the pair’s operating models, but what stands out is their take on car insurance. Trakm8 embraces this market sub-sector, Quartix has by-and-large ditched it (barring odd contracts on which decent returns can be made).


Only time and perhaps an update will tell.