Transense Technologies PLC
LSE:TRT
Decide at what price you'd be comfortable buying and we'll help you stay ready.
|
Transense Technologies PLC
LSE:TRT
|
UK |
|
Ab Dynamics PLC
LSE:ABDP
|
UK |
|
Joyful Honda Co Ltd
TSE:3191
|
JP |
|
Mouwasat Medical Services Company SJSC
SAU:4002
|
SA |
|
Centaur Media PLC
LSE:CAU
|
UK |
Transense Technologies PLC
Transense Technologies Plc develops, manufactures, and sells wireless and battery-less sensor systems. The company is headquartered in Bicester, Oxfordshire and currently employs 14 full-time employees. The firm is engaged in the development and application of patent protected Surface Acoustic Wave (SAW) sensor technology. The firm's segments include SAWsense and Translogik. The SAWSense segment designs and develops surface acoustic wave (SAW) sensor devices that can be used to measure torque, pressure and/or temperature. This technology has a range of uses, ranging from custom applications through to high volume mass markets, such as passenger cars. The Translogik segment provides a passenger car audit system product (PCAS) as well as radio frequency identification (RFID) technology and systems designed for the mining sectors. The firm is also engaged in the development of non-contact batteryless sensors and their electronic interrogation systems.
Transense Technologies Plc develops, manufactures, and sells wireless and battery-less sensor systems. The company is headquartered in Bicester, Oxfordshire and currently employs 14 full-time employees. The firm is engaged in the development and application of patent protected Surface Acoustic Wave (SAW) sensor technology. The firm's segments include SAWsense and Translogik. The SAWSense segment designs and develops surface acoustic wave (SAW) sensor devices that can be used to measure torque, pressure and/or temperature. This technology has a range of uses, ranging from custom applications through to high volume mass markets, such as passenger cars. The Translogik segment provides a passenger car audit system product (PCAS) as well as radio frequency identification (RFID) technology and systems designed for the mining sectors. The firm is also engaged in the development of non-contact batteryless sensors and their electronic interrogation systems.
Revenue Growth: SAWsense and Translogik segments together delivered nearly 40% year-on-year revenue growth, with SAW revenue up 74% and Translogik up 13%, though total revenue fell 8% due to a sharp drop in iTrack royalty income.
Royalty Rate Hit: iTrack royalty income dropped by more than GBP 0.5 million following a 40% royalty rate reduction at the start of the year, which was a major headwind for the group.
Profit & Cash: Despite the royalty cut and higher costs, the company remained profitable and cash generative, ending the period with GBP 1.3 million cash, above its GBP 1 million headroom target.
Strong Pipeline: Management disclosed significant project pipelines in SAWsense, with several large programs across aerospace, motorsport, e-drives, and robotics offering multi-million pound annual potential.
CapEx & Liquidity: The company is continuing its CapEx program, funding it partly through an asset finance facility, and expects to maintain at least GBP 1 million cash buffer without needing to raise additional capital.
Outlook & Targets: Management expressed confidence in achieving 2030 revenue and EBIT targets in the GBP 12.5 million and GBP 4 million range, with potential upside depending on high-volume contract wins.
Market & Strategy: The group is focused on building high-value recurring revenue streams, leveraging strong customer demand and new product launches, despite some delays and onboarding challenges with large customers.
