Added to YB: 2026-03-04
Pitch date: 2026-02-27
TRCS.L [neutral]
Tracsis plc
-8.11%
current return
Author Info
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Company Info
Tracsis plc, together with its subsidiaries, engages in the provision of software, hardware, data analytics and geographic information systems, and services in the United Kingdom, Ireland, rest of Europe, Europe, North America, and internationally.
Market Cap
GBP 110.1M
Pitch Price
GBP 3.70
Price Target
N/A
Dividend
0.70%
EV/EBITDA
12.66
P/E
218.93
EV/Sales
1.09
Sector
Software
Category
turnaround
AIM A-Z Part 36: Potential Exit, Buybacks, Adjustments - Pass: Tracsis plc
TRCS.L (pass): Rail/traffic software & analytics co w/ £25M net cash, 30% recurring rev. H1 update: £13M+ adj EBITDA guided, £3M buyback done, £7.7M FCF last yr. Restructuring costs (£2M+) for SaaS rollout & ops transformation unclear. New CEO since Aug, M&A focus. Niche biz but lacks compelling pitch.
Read full article (1 min)