dreamcatcher
- 04 Sep 2014 20:12
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/


dreamcatcher
- 16 Jun 2015 17:12
- 20 of 65
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-
dreamcatcher
- 16 Jun 2015 18:29
- 21 of 65
16 Jun finnCap 185.00 Corporate
dreamcatcher
- 17 Jun 2015 15:26
- 22 of 65
ST of IC today - I now feel a fair value target price around 180p is far more realistic
dreamcatcher
- 26 Jun 2015 17:19
- 23 of 65
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-
dreamcatcher
- 26 Jun 2015 17:54
- 24 of 65
26 Jun finnCap 185.00 Corporate
dreamcatcher
- 02 Jul 2015 20:57
- 25 of 65
Finals Mon 6 July
dreamcatcher
- 06 Jul 2015 16:32
- 26 of 65
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-
dreamcatcher
- 06 Jul 2015 16:35
- 27 of 65
6 Jul finnCap 220.00 Corporate
dreamcatcher
- 07 Jul 2015 17:21
- 28 of 65
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.
dreamcatcher
- 27 Jul 2015 12:54
- 29 of 65
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.
dreamcatcher
- 30 Jul 2015 18:44
- 30 of 65
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.
dreamcatcher
- 09 Sep 2015 07:16
- 31 of 65
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.
Energeticbacker
- 09 Sep 2015 11:34
- 32 of 65
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/
dreamcatcher
- 09 Sep 2015 16:30
- 33 of 65
dreamcatcher
- 10 Oct 2015 18:01
- 34 of 65
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.
dreamcatcher
- 12 Oct 2015 16:20
- 35 of 65
Major demand for the product, sp flying.
dreamcatcher
- 13 Oct 2015 17:28
- 36 of 65
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.
dreamcatcher
- 29 Oct 2015 10:34
- 37 of 65
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-
dreamcatcher
- 29 Oct 2015 10:36
- 38 of 65
29 Oct finnCap 250.00 Corporate
dreamcatcher
- 03 Nov 2015 17:00
- 39 of 65
3 Nov finnCap 250.00