Tracsis (TRCS) 2021 interim results presentation

This video can be seen at: https://www.piworld.co.uk/2021/04/21/tracsis-trcs-2021-interim-results-presentation/   Chris Barnes, CEO and newly appointed Andy Kelly, CFO present Tracsis' interim results for the six months ended 31 January 2021. Revenue growth in the Rail Technology & Services Division was offset by lower sales in Events and Traffic Data businesses due to CV19. They have a strong cash balance of £20.8m. There are two large multi-year rail opportunities in the final stages of being awarded. Post period end saw the win of a hardware and software contract with a major transit agency in North America. They are starting to see an increase in new business enquiries across the businesses that were hardest hit by Covid. Chris Barnes, CEO 00:16 – Introduction 02:13 – Overview 07:36 – Current Situation & Outlook Andy Kelly, CFO 13:03 – Financial Highlights Chris Barnes, CEO 17:13 – Growth Opportunities Andy Kelly, CFO 28:27 – Looking Forward 32:01 – Outlook Andy Kelly, CFO & Chris Barnes, CEO 32:54 – Q&A Chris Barnes, CEO 39:08 – Closing remarks Tracsis plc is a holding company. The Company is engaged in the business of software development and consultancy for the rail industry. Its segments include Rail Technology and Services, and Traffic & Data Services. The Rail Technology and Services segment includes its Software, Consultancy and Remote Condition Monitoring Technology, and also includes Ontrac Limited and Ontrac Technology Limited (together being Ontrac). The Traffic & Data Services segment includes data capture, analysis and interpretation of traffic and pedestrian data to aid with the planning, investment and ultimate operations of a transport environment and it also includes SEP Limited (SEP). It provides software products, consultancy services and delivers customized projects to solve a range of problems within the transport and traffic sector. It specializes in solving a range of data capture, reporting and resource optimization problems along with the provision of a range of associated professional services.