17 September 2024 - interim results

The provider of information systems and services to the transport industry and local authorities has announced its interim results for the six months to 30 June.  These have shown impressive growth with revenues up 17% to £25.6m with adjusted pre-tax profits rising by 65% to £2.8m.  Earnings per share on the same basis increased by 70% to 15.3p and, as usual, there is no dividend.  Cash at the period end was £12.9m, up from £8.1m at the start of the year.  These are clearly excellent results which have benefited . . .

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