Become a Member
  • Track your favourite stocks
  • Create & monitor portfolios
  • Daily portfolio value
Sign Up
Quickpicks
Add shares to your
quickpicks to
display them here!

EARNINGS: Tracsis loss widens but lifts dividend, announces buyback

24th Apr 2025 15:49

(Alliance News) - The following is a round-up of earnings for London-listed companies, issued on Thursday and not separately reported by Alliance News:

----------

Tracsis PLC - Leeds, England-based transport technology provider - pretax loss widens to GBP0.7 million in the six months ended January 31 from GBP0.3 million a year prior. Revenue edges 0.8% lower to GBP36.3 million from GBP36.6 million. Basic loss per share is 1.5 pence compared to 1.6p a year ago. Lifts the dividend by 9.1% to 1.2p per share from 1.1p. Explains first half performance is hit by Control Period 7 funding shortfalls, a cyber-attack at a major UK transport authority and lower profitability in Traffic Data and Events from inflationary input cost increases. Announces GBP3 million share buyback. Expects financial 2025 earnings before interest, tax, depreciation and amortisation between GBP12.5 million to GBP13.5 million. Says UK rail market uncertainty is expected to persist into financial 2026.

----------

Checkit PLC - Cambridge-based workflow management software provider - pretax loss narrows to GBP4.4 million in the financial year ended January 31 from GBP4.6 million a year prior. Revenue rises 18% to GBP14.1 million from GBP12.0 million. Loss per share is 3.3 pence compared to 4.2p. Notes 33% increase in new recurring revenue bookings to GBP2.1 million from GBP1.6 million. Annual recurring revenue increases 8.3% to GBP14.4 million from GBP13.3 million. Cautions revenue growth is now expected to be lower in the near term than previously guided, at between 2% and 5% for the current year. This reflects expected challenging market conditions and increased customer caution. Continues to expect to achieve Ebitda profitability and cash flow breakeven, within its existing cash resources, during calendar year 2026.

----------

ASA International Group PLC - Weybridge, Surrey-based microfinance lender - pretax profit nearly doubles to USD63.5 million during 2024, from USD32.2 million in 2023. Net interest income grows 23% to USD170.4 million from USD138.9 million, and net operating income rises 26% to USD180.9 million from USD143.2 million. Declares a final dividend of 4.1 US cents per share, bringing the total dividend for the year to 7.1 cents per share. ASA declared no dividends in 2023. "2024 was an outstanding year for ASA International with both strong operational growth as well as significantly increased profitability. The overall operating environment across most of our markets clearly improved," says Chief Executive Officer Rob Keijsers. "Looking forward to 2025, we expect to see growing demand for loans and ever greater productivity across the organisation as we drive efficiency in the branch network and therefore reduce our cost-income ratio. From a digital transformation standpoint, we will build on the successes of 2024 by continuing the roll-out of the core banking system and digital platform to Tanzania and Ghana."

----------

GreenRoc Strategic Materials PLC - Greenland-focused critical mineral project developer - pretax loss narrows to GBP778,000 in the year to November from GBP1.7 million a year prior. Prior year bottom line hurt by GBP787,000 impairment charge.

----------

Indivior PLC - Richmond, Virginia-based maker of medicines to treat substance use - net income falls 23% to USD47 million in the first quarter of 2025 from USD61 million a year prior, as revenue drops 6% to USD266 million from USD284 million. Diluted loss per share is USD0.38 compared to USD0.45 a year ago. Indivior says first quarter results "were in line with our planning assumptions and consistent with our FY 2025 outlook". Sublocade sales fall 2% on-year to USD176 million, consistent with full-year guidance of USD725 million to USD765 million. Expects to generate Sublocade growth again in the second half of 2025 from increased marketing investments and FDA-approved label changes. On track to deliver gross annual operating expense savings of over USD100 million in 2025.

----------

Pennant International Group PLC - Cheltenham, England-based systems support, technical services and training company - pretax loss widens to GBP3.0 million in 2024 compared to GBP367,000 in 2023. Revenue falls to GBP13.8 million from GBP15.5 million, and the firm incurs exceptional charges of GBP2.3 million in the year compared to GBP325,000 a year prior. No dividend declared, unchanged from last year. Reports a solid start to 2025 with trading on track to meet market expectations.

----------

By Jeremy Cutler, Alliance News reporter

Comments and questions to [email protected]

Copyright 2025 Alliance News Ltd. All Rights Reserved.


Related Shares:

TracsisCheckitAsa IntGreenRoc Strategic MaterialsIndiviorPennant International
FTSE 100 Latest
Value8,407.44
Change4.26