Trackwise Designs (TWD)

Sector:

Electronic and Electrical Equipment

Index:

FTSE AIM All-Share

 230.00p
   
  • Change Today:
      0.000p
  • 52 Week High: 370.00p
  • 52 Week Low: 165.82p
  • Currency: UK Pounds
  • Shares Issued: 28.74m
  • Volume: 3,571
  • Market Cap: £66.11m

Trackwise expects FY revenues to be lower than originally expected

By Iain Gilbert

Date: Friday 22 Jan 2021

LONDON (ShareCast) - (Sharecast News) - Printed circuit technology products provider Trackwise warned on Friday that full-year revenues were now projected to be lower than originally expected.
Trackwise expects to report full-year revenues of approximately £6.1m, up from £2.9m a year earlier, while adjusted operating losses came to £200,000.

The AIM-listed group highlighted that while revenue was lower than expected, the operating loss was in line with current market expectations.

Chief executive Philip Johnston said: "2020 was a transformational year for Trackwise, as we made substantial progress in expanding and upgrading our manufacturing facilities including the acquisition of SCL, and secured our first series production order from an electric vehicle manufacturer.

"We are in discussions with an ever-growing number of potential customers and the opportunities ahead of us in our primary target markets and the longer-term prospects for Trackwise continue to grow."

As of 1040 GMT, Trackwise shares were down 7.58% at 305.0p.

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TWD Market Data

Currency UK Pounds
Share Price 230.00p
Change Today 0.000p
% Change 0.00 %
52 Week High 370.00p
52 Week Low 165.82p
Volume 3,571
Shares Issued 28.74m
Market Cap £66.11m

TWD Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
63.81% below the market average63.81% below the market average63.81% below the market average63.81% below the market average63.81% below the market average
8.57% below the sector average8.57% below the sector average8.57% below the sector average8.57% below the sector average8.57% below the sector average
Price Trend
30.03% above the market average30.03% above the market average30.03% above the market average30.03% above the market average30.03% above the market average
24.32% below the sector average24.32% below the sector average24.32% below the sector average24.32% below the sector average24.32% below the sector average
Income Not Available
Growth
73.64% above the market average73.64% above the market average73.64% above the market average73.64% above the market average73.64% above the market average
76.47% above the sector average76.47% above the sector average76.47% above the sector average76.47% above the sector average76.47% above the sector average

TWD Dividends

No dividends found

Trades for 24-Sep-2021

Time Volume / Share Price
12:23 141 @ 220.00p
11:46 118 @ 220.00p
10:48 41 @ 229.50p
10:13 2,614 @ 229.50p
09:37 157 @ 220.00p

TWD Key Personnel

CEO Philip Johnston
CFO Mark Hodgkins

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