Transense

#TRT Trading update 📡SAWsense building deeper relationships with aerospace, motorsport and eDrive customers 🛒Translogik new distribution channels in USA, SE Asia & South America 💰Total revenue up 33% to £5.6m (FY24: £4.2m) 🧑‍💼Strengthening of operational, tech and BD teams

Full details here: otp.investis.com/clients/uk/tra…

⬆️Revenues up 36% 🧑Investment in people, equipment & supply chain driving growth 💰EBITDA & cash resources unchanged 🆕New programmes in aerospace, EV, robotics & motorsport 🌍New distributors appointed for Translogik to expand global reach 🏃‍♀️On track for full-year expectations

Transense Technologies (AIM: TRT) has announced interim results today:

#TRT The Company expects to announce interim results for the period ended 31 December 2024 on Tuesday 18th February 📆 🖥 Sign up for the remote investor’s presentation via the link below with Investor Meet Company at 4pm, Monday 18th February 📊 investormeetcompany.com/transense-tech…

“The Company also announces the appointment of Cavendish Capital Markets as its nominated adviser and sole broker with immediate effect”

“We remain in line with market expectations in the current year, and the opportunities ahead of us give us significant optimism for the future”

Commenting on this trading update, Nigel Rogers, Executive Chairman, said: "The first six months of the financial year have seen us continue the strong underlying growth, whilst successfully recruiting a team that can take the business to the next level of performance."

“The recruitment process is largely complete, and work is underway in specifying the production equipment and supply chain activity needed to support long-term volume prospects.”

“The Directors consider this an opportune time to invest in the people and infrastructure required to fulfil the strategic growth potential. "

"The Board believes the Company is increasingly well positioned to continue expanding in line with the strategic growth potential”

“Conversion to revenue in both SAWsense and from Bridgestone iTrack is well underway and there are clear indications that Translogik will deliver significant additional customer accounts in the second half of the financial year.”

#TRT Latest trading update 📡SAWsense building deeper relationships with customers 🛒Translogik new market sectors 💰Revenue up 37% to £2.41m (FY24 H1: £1.81m) 🧑‍💼Employees increased from 19 to 30 (Dec 23 – Jan 24) 📈Cavendish Capital Markets appointed as broker

#TRT announces Director Dealing 💼Managing Director, Ryan Maughan 💸Buys 3,025 shares 💰At 165p per share 📈Total shareholding up to 72,981 Read about it here: otp.investis.com/clients/uk/tra…

We’re pleased to be part of the Mello tenth anniversary investor conference on 19th November at the Derby Conference Centre. We're looking forward to talking to investors about Transense and our plans for the future. Grab your tickets here: melloevents.com/mello10tickets/

The AGM notice and Annual report are available on our website now: transense.com/investors/meet… #AGM #Aerospace

To attend in person email Investor.Relations@Transense.co.uk. To attend online via Investor Meet investormeetcompany.com/transense-tech…

If you’re a Transense shareholder here’s all the info about our upcoming AGM. It’s taking place on 27th November at 3.30 pm at our Bicester offices. To attend in person email Investor.Relations@Transense.co.uk