Archived article
Please note that tax, investment, pension and ISA rules can change and the information and any views contained in this article may now be inaccurate.
Telematics group Trakm8 booked a full-year loss as its sales slumped during the pandemic.
Pre-tax losses for the year through March amounted to £1.9 million, compared to year-on-year losses of £1.7 million. Revenue fell 18% to £16.0 million.
Trakm8 didn't declare any dividends for the year.
Revenue in the financial year to date through May was up 26% year-on-year.
'Assuming no further lockdowns or unmanageable supply chain issues the company expects to return to pre-Covid-19 revenues and deliver a profit,' it said.