Tip update: Transense Technologies profit delayed, but should accelerate in the future

Investors were not totally happy with the latest trading statement of Transense Technologies (LON: TRT) but it is not as negative as it might appear on first look. Yes, there was an effective downgrade of profit, although the additional investment should boost long-term prospects.

Trading was in line with expectations in the six months to December 2024 with revenues 37% higher at £2.41m. All parts of the business improved revenues with SAWsense quadrupling revenues.

Ove the past 12 months, the number of employees has increased from 19 to 30. That higher cost base means that earnings wil...

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