Education software and services provider Tribal Group (LON: TRB) is still being held back by a problem contract and the share price has fallen by 55.2% to 45.4p during 2022.
The Nanyang Technology University contract costs have increased, and recognised revenues are lower than expected. The Singapore-based university implementation is much larger and broader than standard contracts.
The core business is student information systems (SIS), which provide higher and further education establishments with the ability to manage and engage with students. This software generates revenues from li...
