26 March 2019 – final results

In the year to 31 December, the group, which supplies CCTV systems to vehicles as well as digital signs such as transport departure boards,  reported revenues of £12.6m (2017: £11.8m).  It moved to an underlying pre-tax loss of £138k (2017: profit of £11k) as staff costs increased due to expansion.  Despite the loss, there were some encouraging features in the results with recurring revenues and overseas sales both increasing.  The company remains a stock market tiddler though and so the shares can only be a SPECULATIVE BUY.