Morning all!
Eagle Eye Solutions ( Eagle Eye Solutions (LON:EYE) ) – 124p – £31.6m – PER n/a
AGM Statement –Q1 Revenue up (26%) and EBITDA Loss is narrowing.
Not enough in that statement to take me away from Neutral.
Trakm8 Holdings ( Trakm8 Holdings (LON:TRAK) ) – 64.5p – £23.4m – PER 6.9
Unaudited Results For The 6 Months To End September 2018 – Ouch! Revenue down -38%, Big Loss (-£2.45m) versus a Profit last time (£0.36m), Net Debt more than doubled (to £5.73m) and Adjusted Basis EPS is negative (positive last time). Revenue this year expected to be 20% or so below FY 2018 and a Loss is expected.
I have never been able to get excited about this company and I remain Neutral – Providing coverage (below my usual £30m Market Cap limit) only because it was worth 5x more than this not so long back (2 years or so).
As always, all comment most welcome!
