Touchstar PLC – Final Results
The Board of Touchstar plc (AIM:TST), suppliers of mobile data computing solutions and managed services to a variety of industrial sectors, is pleased to announce its final results for the year ended 31 December 2018.
Key Financials:
|
|
31 December 2018 (£’000) |
|
31 December 2017 (£’000) |
|
Revenues |
£6,898 |
|
£7,868 |
|
‘Trading (loss)/profit’ after tax before exceptional costs |
£(582) |
|
£380 |
|
Adjusted earnings per share |
(6.95)p |
|
6.02p |
|
Exceptional costs |
£334 |
|
£3,965 |
|
Net Cash At Year End |
£296 |
|
£(336) |
|
Loss after tax |
£(916) |
|
£(3,585) |
|
Basic earnings per share |
(10.94)p |
|
(56.83)p |
Commenting today, Ian Martin, Chairman of Touchstar, said:
The Group is positioned in a growth market of data capture, mobile devices and expanding customer desire to use digital information. Our products are now developed, we are customer focused, proud of what we do and we know what is required. We are ready to go and it is down to us.
Our focus now is simple – we need to scale the business. With our solutions in the market, we are better placed than a year ago. It is now down to management to grow the top line. If this is achieved, we should see substantially improved performance this year.“