RNS 5867O07 Final Results 31 March 2010

Trakm8 Holdings plc

(“Trakm8”, the “Company” or the “Group”)

Final results for the year ended 31 March 2010

Highlights

 

Year ended

31 March

2010

Year ended

31 March

2009

 

£000’s
£000’s

Revenue

3,426

3,679

Gross Profit

2,303

2,162

Gross Profit %

67.2%

Other income

583

473

Profit / (Loss) from operations

276

(383)

Profit / (Loss) after taxation

562

(403)

Cash and cash equivalents

692

100

Net Assets

2,019

1,182

 

  • E.ON UK and Jewson contract awards
  • Gross Profit up 8.4%
  • Record profit from operations of £276k
  • Record profit after taxation of £562k
  • Net cash balance increased to £692k
  • Successful placing to raise £289k (before expenses)
  • Net assets increased by £837k

 

For further information please contact

Enquiries:

Trakm8 Holdings plc                                                       01747 858 444

John Watkins, Chief Executive Officer

James Hedges, Finance Director

 

Arbuthnot Securities Limited

Alasdair Younie/Richard Johnson                          020 7012 2000

 

The annual report will be posted to shareholders on 7 July 2010 and will be available from the Company’s website at www.trakm8.com.