FTSE AIM All Share Index is a vital and broadest index of the London Stock Exchange, which includes all companies quoted on the AIM (Alternative Investment Market) who fulfil the criteria of certain liquidity and free float. The index which managed to hold the fort since the outbreak of the Covid-19, started to reel under the market slump and lost its direction completely in the last over a month. The index has lost substantial strength from 882.96 points as on 3 March 2020 to 659.25 as on 3 April 2020. Today we are going to discuss the latest financial performance of three stocks from the FTSE AIM All-Share Index, Digital box Plc, Journeo Plc and Tracsis Plc.
Digital box Plc (LON:DBOX), which was earlier known as Polemos Plc, is a digital media company, based out of the United Kingdom. The company’s entertainment daily team segment creates the best news of the UK’s entertainment content on the web. Another segment of the company, i.e. the Daily Mash, is the prominent satirical news articles website of the United Kingdom which was started in the year 2007.
DBOX – Financial Highlights
On 2nd April 2020, the company released its audited results for the years ended 31st December 2019.
- As per the company information, the group traded well for last ten months after the reverse takeover of Polemos plc during early 2019.
- Revenue for the ten-month since the acquisition was £2.2million, while the gross profit stood at £1.8 million.
- The Digitalbox Publishing Limited performance was positive during the year and reported robust year on year revenue growth with group revenues for the year standing at £2.5 million, an increase of 19 per cent compared to the year 2018.
- Profitability improved by 96 per cent to £0.4 million, due to robust organic audience development on Entertainment Daily and demand of higher supply by the advertising market.
- For the year 2019, the adjusted EBITDA increased to £525k, while the adjusted EBITDA margin increased by 23.4 per cent. As at 31st December 2019, the company had £477k of cash with zero debt. Adjusted EBITDA per share was reported at 0.7 pence during the year 2019.
- The loss after tax increased to 437K as compared to a loss of 250k in the year 2018.
- The company’s business remained low capital intensity during the year with capital expenditure of 2.5 per cent of the adjusted EBITDA.
DBOX – Share Price Performance
On 03rd April 2020, Digital box Plc’s stock snapped the session at GBX 6.63 per share on the London Stock Exchange, an upswing in the value of about GBX 0.775 or 12.71 per cent, compared to the previous closing of GBX 5.88 per share.
The one year high of company’s stock price was recorded at GBX 10.90 on 30th January 2020, while its one-year low was recorded at a price of GBX 4.50 on 06th December 2019. The market capitalisation of DBOX stood at GBP 6.08 million with respects to the stock’s current market price. Digital box Plc’s free float and outstanding shares reported to 18.15 million and 91.84 million, respectively. The beta of the stock has been reported to be 0.17.
Journeo Plc
Journeo Plc (LON:JNEO) is a specialist provider of closed-circuit television, network operators in the rail & bus industries and monitoring systems to fleet. The company was earlier known as 21st Century Technology Plc.
JNEO – Financial Highlights
The company released its results for the year ended 31st December 2019 on 2nd April 2020.
- The company had raised £1.2 million (before expenses) via share placing during December 2019 to support the balance sheet and to make available extra working capital for the company.
- Sales from Passenger System improved to £4.8 million as compared to £4.4 million in the year 2018, while the gross profit of the segment rose to £2.6 million versus £2.5 million in the prior year.
- Due to a reduction in overseas sales, the fleet system sales declined by 19 per cent to £6.6 million (2018: £8.2 million), and gross profit dropped to £1.9 million (2018: £2.4 million).
- As at 31st December 2019, the company’s net current liabilities decreased to £916k (2018: £1,084k). On the same time, the net cash reserves increased to £725k (2018: £485k).
- The underlying loss increased significantly to £777k during the year 2019 (2018: loss £138k).
JNEO – Share Price Performance
- On 03rd April 2020, Journeo Plc’s stock last traded at a price of GBX 50.0 per share on the London Stock Exchange, with no change from the previous closing price. The one year high of company’s stock price was recorded at GBX 75.20 on 25th November 2019, while its one-year low was recorded at a price of GBX 35.20 on 17th May 2019. The market capitalisation of JNEO was reported at GBP 4.11 million. The beta of the stock has been reported to -0.075.
Tracsis Plc
Tracsis Plc (LON:TRCS) is a technology company which support the businesses to solve vital resource, planning, asset and risk management problems of the transportation sector by utilising analytics methodologies and advanced data capture.
TRCS – Financial Highlights
On 2nd April 2020, the company released its unaudited interim results for the six months ended 31st January 2020.
- The company posted a strong performance in the first half of the FY2020. The Acquired business, which includes Compass Informatics, CTM and Bellvedi, performed well during the reported period.
- In six months ended 31st January 2020, Revenue of the group increased by 41 per cent to £26.4 million as compared to £18.8 million in the same period the prior year.
- Total recognised income during the period increased to 1,876k versus 1,697k in the prior year.
- The group continues to have substantial levels of cash without long term debt. As at 31st January 2020, cash balances increased to £26.0 million (31st January 2019: £18.7 million).
TRCS – Share price performance
- On 03rd April 2020, Tracsis Plc’s stock snapped the session at a price of GBX 623.0 per share on the London Stock Exchange, a decrease in the value of about GBX 7.00 or 1.11 per cent, as compared to previous day’s closing price of GBX 630.0 per share. The one year high of company’s stock price was recorded at GBX 840.0 on 21st February 2020, while its one-year low was recorded at a price of GBX 420.0 on 20th March 2020. The market capitalisation of TRCS was reported at GBP 181.03 million with respects to the stock’s current market. The beta of the stock has been reported to 0.535. At the time of writing, the stock’s yearly dividend yield was reported to be at 0.29 per cent.