Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
t42 IoT Tracking Solutions PLC ( (GB:TRAC) ) has provided an announcement.
t42 IoT Tracking Solutions PLC reported a strong performance in the first half of 2025, with significant growth in Lokies sales and a major $2.5 million contract that enhances cash flow and supports growth strategy. The company achieved a positive adjusted EBITDA of $239,000, reflecting improved operational efficiency and financial flexibility, and is expanding its product portfolio with new tracking solutions, positioning itself as a leader in the container tracking industry.
More about t42 IoT Tracking Solutions PLC
t42 IoT Tracking Solutions PLC operates in the supply chain, logistics, container, and freight market, providing real-time tracking, security, and monitoring solutions globally.
Average Trading Volume: 425,282
Technical Sentiment Signal: Sell
Current Market Cap: £1.84M
For an in-depth examination of TRAC stock, go to TipRanks’ Overview page.