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/

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.