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Touchstar Plc (TST) Share News

IN BRIEF: Touchstar shares jump on "substantial" contract win

8th Nov 2022 12:08

Touchstar PLC - Manchester-based supplier of mobile data computing services - Wins substantial order from a "petrochemical distribution client", offering them an upgrade to its latest cloud-based solution. Says contract is worth in excess of GBP1.5 million in the first twelve months, with "subsequent years benefiting from recurring revenues under a multiyear licencing and support agreement". Says contract award reinforces expectations for financial 2022 and financial 2023. Read More

IN BRIEF: Touchstar doubles profit as petrochemical sector rebounds

15th Sep 2022 11:32

Touchstar PLC - Manchester-based supplier of mobile data computing services - Posts revenue of GBP3.1 million in the six months to June 30, up 6.9% from GBP2.9 million a year ago. Pretax profit doubles to GBP104,000 from GBP52,000. Says order book on June 30 amounted to GBP1.1 million, 71% higher compared to GBP621,000 a year ago, driven by "major projects in the petrochemical sector returning to normal levels having been halted by the pandemic". Read More

AIM WINNERS & LOSERS: Dotdigital upbeat; bullish broker note lifts ITM

26th Jul 2022 11:30

(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Tuesday. Read More

IN BRIEF: Touchstar shares jump on interim revenue and profit growth

26th Jul 2022 11:25

Touchstar PLC - Manchester-based supplier of mobile data computing services - Records revenue growth of 6.9% to GBP3.1 million from GBP2.9 million in the first half of 2022. Recurring revenue rises 18% to GBP1.3 million from GBP1.1 million. Says it recorded "substantially higher" profit in the period. Order book grows 75% to GBP1.1 million from GBP600,000. Attributes performance to positive trends in trading and customer activity that continued throughout the period. Remains focused on delivering full-year results "at least" in line with market expectations. Read More

IN BRIEF: Touchstar sees annual revenue growth on strong recovery

26th Apr 2022 14:53

Touchstar PLC - Manchester-based supplier of mobile data computing services - Reports revenue of GBP6.1 million for 2021, up 3.7% versus GBP5.9 million for 2020. Pretax profit more than triples to GBP207,000 from GBP23,000. Credits its performance in 2021 to a "healthy" recovery from the pandemic. Says 2022 started well with strong trading in the first quarter. Expects to see continued revenue and earnings before interest, tax, depreciation growth in 2022. Warns of geo-political instability, inflationary pressures and higher interest rates that will "inevitability" result in "hesitancy in corporate decision making." Read More

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