Trakm8 Holdings (GB:TRAK) has released an update.
Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter
Trakm8 Holdings reported a modest drop in revenue for the first half of 2024, affected by reduced sales in its Insurance and Automotive segments. Despite this, the company saw improved gross margins due to strong software sales and extended contracts with major clients like Iceland and Sainsbury’s. Looking ahead, Trakm8 anticipates challenges in the Insurance market but expects its Fleet and Optimisation business to perform well.
For further insights into GB:TRAK stock, check out TipRanks’ Stock Analysis page.
Trending Articles:
Looking for a trading platform? Check out TipRanks' Best Online Brokers , and find the ideal broker for your trades.
Report an Issue