New Year prospects: Tribal Group

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 establis...

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