Investors are starting to recognise the potential of Transense Technologies (LON: TRT) and it is building up a range of potential users for its surface acoustic wave technology. The share price has risen by nearly three-quarters so far this year.
Royalty income from Bridgestone for the iTrack monitoring technology continues to grow and provide cash flow for investment in the SAWsense business, which is still at an early stage of developing products for potential clients. Translogik tyre management operations also provide cash flow.
In the year to June 2024, group revenues improved from ...