The developer, supplier and aggregator of resource optimisation, data capture and reporting technologies to the transport industries has provided more detail to its previous announcement of 1st June 2012, with results for the year ending 31st July 2012 now expected to significantly exceed current market expectations.
http://www.investorschampion.com/research/company/tracsis-plc

Tracsis jumps after impressive year-on-year growth
By Benjamin Chiou

Wed 31 Oct 2012

TRCS - Tracsis

Latest Prices
Name Price %
Tracsis 145.00p +8.61%


LONDON (SHARECAST) - Tech group Tracsis managed to more than double both revenues and profits in the year to July 31st, causing the shares to jump on Wednesday.

The company, which specialises in resource optimisation software, condition monitoring technology, and consultancy services to passenger transport industries, saw revenues increase 112% from £4.1m to £8.7m during the period, while pre-tax profit surged 169% from £1.1m to £3.0m.

During the year, the company said it achieved several new contract wins, with continued uptake and demand for the MPEC condition monitoring technology. Meanwhile, it also generated the first sales of TRACS-RS, a new software product which aids with the process of rolling stock vehicle planning.

"We are once again delighted with the performance of the group, with strong growth in both revenue and profitability,” said Chief Executive Officer John McArthur.

“Looking ahead, we remain well placed to address the needs of the transportation industry - primarily removing extraneous resourcing costs plus improving service delivery and network robustness. There is a significant growth opportunity available to Tracsis both in the UK market and overseas and we will address this both organically and through acquisitions as appropriate."

Cash balances improved from £4.7m to £7.6m over the year, helped by the “proactive working capital management and a strong conversion of operating profit to cash,” the firm said.

Tracsis is proposing a final dividend of 0.35p per share, bringing the full-year dividend to 0.55p per share (2011: nil).

Shares jumped 8.61% to 145p on Wednesday afternoon.

In IC - Tracsis dreams of America.

Forecasts look light as overseas expansion accelerates.

Transport software specialist Tracsis (TRCS:AIM) is making its first tentative move into the USA, a potentially large new opportunity. WH Ireland sees the shares hitting 220p in the coming months, and they could go higher still if the newsflow is positive.

Significant Order

RNS


RNS Number : 1056X

Tracsis PLC

08 January 2014






Tracsis plc



("Tracsis" or the "Company")

Significant order

Tracsis plc, a leading provider of software and technology led products and services for the transportation industry, is pleased to announce that it has received a significant order for its Remote Condition Monitoring equipment.

The initial order, which has been placed through the five year Framework Agreement announced on the 21st October 2013, comes from an existing UK client and has a value of £2.2m. It will be fulfilled within the current financial year as per an agreed delivery schedule with the customer.

An order of this magnitude provides the Group with additional confidence in meeting current market expectations.

John McArthur, Chief Executive Officer commented:

"We are delighted to have won this further major order, which is testament to the quality of the technology solutions we provide and our excellent working relations within the rail industry. Given the magnitude of this order, we believe Tracsis is well placed to win further contracts of this nature both within the UK and overseas."

Interim results = Mon 17 March

Interim Results

RNS


RNS Number : 3954C

Tracsis PLC

17 March 2014







Date:

17 March 2014


On behalf of:

Tracsis plc


Embargoed until 0700hrs


Tracsis plc

('Tracsis', 'the Company' or 'the Group')

Interim results for the six months ended 31 January 2014

A further period of strong growth in revenue, EBITDA and profit before tax



Tracsis plc (AIM: TRCS), is pleased to announce its interim results for the six months ended 31 January 2014.



Financial Highlights:



· Revenue increased 109% to £9.8m (2013: £4.7m)

· Adjusted EBITDA* increased 49% to £2.8m (2013: £1.9m)

· Profit before Tax increased 33% to £2.3m (2013: £1.7m)

· Cash balances now stand at £7.6m (31 July 2013: £6.6m, 31 January 2013 £8.5m)

· Interim dividend of 0.35p per share proposed - an increase of 17% on last year

· Full year results expected to exceed current market forecasts

Operational Highlights:



· Five year extension of Framework Agreement for Remote Condition Monitoring ('RCM') technology, resulting in initial order of £2.2m

· Trading in RCM remains very strong outside of the Framework Agreement

· US pilot underway with major Class 1 railroad for RCM technology

· Integration of Sky High Technology (previously Sky High plc) completed and the business is performing well

· Consultancy and software trading buoyed by a return to UK rail re-franchising activity.



John McArthur, Chief Executive Officer, commented:



"We are very pleased to be reporting another period of strong growth with both revenues and profit significantly ahead of the same period last year. Our technology and services remain as relevant as ever, with the past six months seeing a marked increase in demand across all areas of our business. Our sales pipeline remains strong with promising opportunities, including a North American pilot for our RCM technology and further UK and overseas opportunities.



"The enlarged Group now includes Sky High Technology, which was acquired in April 2013 and we have since realised key synergies and the business has performed well. The Group also remains committed to a strategy of careful acquisitive growth and has continued to evaluate a number of opportunities in the period.



"I am pleased to report that the Board is confident of exceeding current market expectations for the full year and looks forward to continuing to drive growth and value for shareholders."

Great chart risen from 50p in 2012.

Trading Update

RNS


RNS Number : 1995K

Tracsis PLC

23 June 2014






Tracsis plc

("Tracsis" or the "Group")



Trading update



Tracsis plc, a leading provider of software and technology led products and services for the transportation industry, is pleased to announce a trading update.



As a result of strong trading across all areas of the Group, the Board expects both revenue and profit to be significantly ahead of current market forecasts for the year ending 31 July 2014. Full year revenue is now expected to be in excess of £20m.



Furthermore, the Group is pleased to announce that the integration of Datasys, which was acquired in May 2014, is proceeding to plan.



John McArthur, Chief Executive Officer commented:

"The Group continues to perform well and this has been buoyed by record levels of investment into UK rail to cope with an ever increasing demand for services. We believe public transport, particularly rail, is set for further significant growth in order to meet the capacity and performance challenges that will be placed on it in the years ahead. Tracsis is well placed to benefit from this growth."

Final results Wed 12 Nov

Final Results

RNS


RNS Number : 7665W

Tracsis PLC

12 November 2014






Tracsis plc



Final Results for the year ended 31 July 2014



12 November 2014



Tracsis plc, a leading provider of software and technology led products and services for the transportation industry is pleased to announce its audited final results for the year ended 31 July 2014.



Financial Highlights:



· Revenues increased 106% to £22.4m (2013: £10.8m)

· Adjusted EBITDA* increased 61% to £5.4m (2013: £3.4m)

· Profit Before Tax increased 62% to £4.2m (2013: £2.6m)

· Earnings Per Share increased 53% to 12.90p to (2013: 8.42p)

· Cash balances rose to £8.9m (2013: £6.6m)

· Full year dividend increased 14% to 0.8p per share (2013: 0.7p)



* Earnings before finance income, tax, depreciation, amortisation, exceptional items and share-based payment charges



Operational Highlights:



Buoyant trading across all divisions set against a background of favourable industry drivers:



· Software and Professional Services

o Extensive work with all the major transport owning groups for both day-to-day operations and franchise bidding

o Continued high levels of recurring revenue under contract

o Acquisition of rail software company Datasys Integration Limited

· Remote Condition Monitoring

o Successful renewal of a key five year Framework Agreement

o North American pilot established and since extended. All indications point to a significant long term market opportunity

· Data Capture & Analytics

o Record year of trading following significant contract wins within the traffic, rail and retail markets

o Sky High fully integrated with existing passenger counts business

· Group

o Significant investment in people and processes with organisational structure aligned with long term growth plan

o Appointment of new independent non-executive Chairman and non-executive Director



John McArthur, Chief Executive Officer, commented:



"Tracsis has delivered another excellent year of growth across all areas of our business whilst at the same time expanding our geographic footprint to new overseas markets and completing our sixth acquisition since IPO.

We continue to benefit from transport markets that are experiencing record levels of government spending, steadily rising passenger numbers and regulatory change. This environment provides for good growth opportunities as we look to help solve the transportation problems of tomorrow. In the year ahead we intend to make further in-roads into overseas markets, most notably the US, whilst continuing to diversify our technology portfolio and UK offering through a combination of in-house development and further well placed acquisitions."

Tracsis: WH Ireland ups target price from 400p to 445p and keeps a buy recommendation.

Looking good, shame I haven't got any shares!

Buy 15 when you win the ftse comp this month. :-))

Good idea DC! :o)

MIDAS SHARE TIPS: Software firm Tracsis could be ticket to rapid returns

By Joanne Hart, Financial Mail on Sunday

Published: 22:07, 15 November 2014 | Updated: 22:07, 15 November 2014
Rail journeys can be long, frustrating and uncomfortable so commuters frequently bemoan the state of Britain’s railways, the trains that run on them and the cost of tickets.

Tracsis is helping to change this by making rail travel safer and more efficient. The company works with Network Rail and most of the major train operators and the shares, at 365p, should deliver rewards.

Most train firms run hugely complex operations with thousands of staff and rolling stock in numerous places at any one time. There are 28 train operators in Britain, as well as Network Rail, which owns and manages the tracks, signals, level crossings and other infrastructure.



On track: Tracsis, run byJohn McArthur, helps rail firms plan timetables


Several hundred thousand people are employed in the industry and the number of train drivers alone amounts to more than 40,000. Making sure trains are in the right place at the right time and that there are sufficient people to staff them can be extremely challenging. Drivers, for example, will make several journeys a day, so if one of them starts a shift late, the knock-on effects can permeate an entire network.

Tracsis provides train operators with software that helps them to create more effective timetables, allowing slack in the system where necessary and ensuring that there are extra staff at stations at busy times.

The company also provides operators with data and technical information to help them submit franchise bids. It works with several of the biggest firms and, because it provides technical information, it often helps different companies bid for the same franchise. The division is growing fast, particularly as seven franchises are up for renewal or extension next year and a further seven by 2019.

Tracsis has a long-standing relationship with Network Rail, too, providing information on signals, electrical points and level crossings. The company’s technology automatically alerts Network Rail if these vital functions are not performing as they should.

The system operates in real time and is designed to enhance safety and cut delays, enabling Network Rail to address electrical issues before they become major problems.

Last year, Tracsis began working with one of America’s biggest railway groups, which manages more track than Network Rail. The US firm is evaluating the Tracsis technology and the initial signs are promising. Chief executive John McArthur hopes to sell his early-warning system to other large railway firms in North America.

In an attempt to branch out from rail, McArthur bought data monitoring firm Sky High in April 2013.

The business analyses people and vehicles at popular events and crowded motorways and provides advice to operators about how to minimise queues and traffic.

The group has now been fully integrated into Tracsis and recently worked for the Commonwealth Games, using data analysis to alert drivers about the journey times to the Games’ venues. The data monitoring service is also used by local authorities to assess planning issues such as road extensions, new shopping malls and car parking spaces.

Tracsis joined AIM in 2007, when sales were less than £1 million and profits less than £250,000.

Last week, the group delivered sales up 106 per cent to £22 million and profits up 51 per cent to £5 million for the year to July 31. Unusually for a fast-growing AIM company, Tracsis pays a dividend and this rose 14 per cent to 0.8p.

The company has made six acquisitions since floating and McArthur is seeking more, hoping to double revenues over the next few years. The group has a progressive dividend policy, too, so payouts should rise to about a penny next year and 1.2p in 2016.

Midas verdict: Tracsis has made consistent progress and the shares have done well in recent years.

There is every reason to expect continued success. The company provides a service to rail firms designed to save money and provide a better experience for passengers. The data monitoring division has plenty of potential, too. Buy.

Tracsis: Investec initiates with a target price of 456p and a buy recommendation.

Tracsis - Redleaf Tech Showcase 2014

Click here

Tipped by 'Questor' in The Telegraph, as one of his shares for 2015


Disruptive Technology
Tracsis
411.5p
Buy
The UKs creaking rail infrastructure is overcrowded and getting old but Leeds-based software company Tracsis [LON:TRCS] helps operators get the most from their networks. The company monitors passenger numbers to ensure these giant train sets run as efficiently as possible, saving money and getting us there on time.
The company announced a five-year contract with a major infrastructure client last November. Revenue more than doubled to £22.4m and pre-tax profits increased by 62pc to £4.2m in the year ended July 2014. The company generates plenty of cash and the balance sheet is strong with no debt and cash of £8.9m at the end of July.
Make no mistake this is a high risk investment as the company is a tiddler with a market capitalisation of £110m, and the shares are highly valued trading on 23 times the forecast earnings per share of 16.8p. However, the earnings forecast could prove conservative given the rapid growth and demand for their services. Buy.

Trading Update & Notice of Results
RNS
RNS Number : 8385D
Tracsis PLC
03 February 2015



Tracsis plc

("Tracsis" or the "Group")



Trading Update & Notice of Results



Tracsis plc, a leading provider of software and technology led products and services for the transportation industry, is pleased to provide the following trading update for the six months ended 31 January 2015.

Group trading in the first six months of the financial year is ahead of the previous year and in line with the Board's expectations, with all parts of the Group performing either in line with or ahead of expectation.

Revenues for the six month period are expected to be in excess of £11m (H1 2014: £9.8m) and adjusted EBITDA and statutory PBT ahead of the same period last year (H1 2014: £2.8m and £2.3m respectively). Cash balances at the end of January 2015 were c. £10m (July 2014: £8.9m, Jan 2014: £7.6m) and the business remains debt free.



The Group's activities in North America are progressing to plan. Notably, we continue to work with our first US Class 1 railway for adoption of our remote condition monitoring technology along with pursuing a number of other opportunities.



Datasys, which was acquired in May 2014, has made a strong contribution to the Group in the period supported by high levels of recurring software revenue. In addition, the Group continues to appraise a number of acquisition opportunities against its strict investment criteria and has a strong pipeline of qualified opportunities.

The Board is confident that the Group is on track to deliver full year results in line with market expectations. The Group's Interim results will be released to the market on or around Wednesday 15th April.