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15/07/10 Board Change 02/07/10 Further Contract Win with Major UK Operator » More News |
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Tracsis provides automated resource scheduling software to worldwide transport markets. The company has developed a range of products that assist in the development of optimised crew schedules for all types of on-board labour. Our software is recognised as the most advanced intelligent crew scheduling application available and is widely used by many large transport operators. |
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20 April 2010 Tracsis plc (AIM: TRCS), a provider of performance and planning software and consultancy services for the transport industry, today announces its interim results for the six months ended 31 January 2010. Highlights: · Turnover of £1.01m (2009: £945K). Administrative expenses of £977K (2009: £751K). · Resulting operating profit in the period of £67K (2009: £194K). This is in line with company expectation given the significant investment made in new staff, product development and deal costs. · Acquisition (4th December) and successful integration of Safety Information Systems Limited (SIS) o SIS is the provider of the COMPASSTM performance management reporting software. o The business is profitable and complementary to Tracsis' core offering. o The transaction is earnings enhancing and broadens the group's range of software products and services. · Net assets increased to £4.25M (2009: £3.56M) with cash reserves of £2.67M (2009: £2.51M). · New clients include East Midlands Trains, First Transpennine Express and First Capital Connect. · Healthy sales pipeline in anticipation of pending rail re-franchise activity. · The business remains debt free. For the full story please visit the News Section |
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