REG - Transense Technlgy - AGM Statement and Trading Update

Transense TechnologiesAnnouncement

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RNS Number : 8147I  Transense Technologies PLC  25 November 2025

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inside information as stipulated under the Market Abuse Regulations (EU) No.
596/2014 which is part of UK law by virtue of the European Union (withdrawal)
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is now considered to be in the public domain.

 

25 November 2025

 

Transense Technologies plc

("Transense", the "Company" or the "Group")

 

AGM Statement and Trading Update

 

Transense Technologies plc ("Transense", the "Company" or the "Group"), a
leading provider of specialist sensing solutions and measurement systems,
today issues a trading update for the period since 1 July 2025 ahead of its
Annual General Meeting at 12 noon.

 

Financial Performance

 

The Group's performance in the current financial year to date has been
characterised by a strong performance at SAWsense, with revenues more than
doubling compared to the prior year, and revenues at Translogik broadly in
line with last year.  The composite rate of growth in revenue excluding
Bridgestone iTrack royalty was approximately 20% compared with the same four
month period last year.

 

Overall, Group revenues for the period reflect the reduction in Bridgestone
iTrack royalty income following the contractual 40% unit rate adjustment. To
date, this reduction has been partially offset by increased installation
volumes and a favourable US dollar exchange rate.

 

Gross margins are strong at over 85% of revenue. The Group remains profitable
and is cash generative, supported by disciplined cost management.

 

Strategic and Commercial Progress

 

Transense is increasingly focused on high-value, high-growth sectors where its
proprietary sensing technologies deliver unique advantages.

 

SAWsense adoption in aerospace and motorsport production
applications continues to accelerate, and the pipeline of new projects
in robotics and automotive electric propulsion systems is particularly
strong. These areas represent significant long-term opportunities as global
industries transition toward electrification, automation, and advanced
performance control.

 

Collaborative development programs, supported by UK Government grant funding,
are progressing well and are expected to partially underpin future revenue
streams. The Company's technology is being integrated into next-generation
platforms, positioning Transense as a critical enabler of innovation in these
markets.

 

Translogik is also advancing its strategic roadmap, with new product launches
such as the Smart Tyre Inflator (TLGi) in November and further enhancements
planned for the second half of the year. While revenues from existing tyre
major customers have yet to return to historic levels, new business conversion
is accelerating, including agreements with another global tyre manufacturer
and trials with fleet operators and service centres. These initiatives are
expected to drive sustainable growth in the medium term.

 

Outlook

 

Current-year market expectations are predicated on revenue growth (excluding
iTrack royalty) in excess of 50%.  The Board considers that meeting this
expectation in the full year remains achievable, and is confident that the
Company's strong positioning in robotics, electric drives, and aerospace will
deliver long-term growth and shareholder value. With a robust technology
portfolio, expanding customer base, and healthy cash position, Transense
continues to be well placed to capitalise on structural trends in
electrification and automation.

 

 

Online access to the AGM

Shareholders that wish to attend the online AGM should register for the event
in advance by using the following link:
https://www.investormeetcompany.com/transense-technologies-plc/register
(https://www.investormeetcompany.com/transense-technologies-plc/register)

 

For further information please visit www.transense.com or contact:

 

 Transense Technologies plc                                       Via Investor Relations

 Nigel Rogers (Executive Chairman)                                (see below)

 Ryan Maughan (Managing Director)

 Melvyn Segal (Chief Financial Officer)
 Cavendish Capital Market Limited (Nominated Adviser and Broker)  0207 220 0500

 Adrian Hadden / Callum Davidson (Corporate Finance)

 Jasper Berry (Sales)
 Investor Relations                                               Tel: +44 (0)1869 238380

 Anice McNamee                                                     investor.relations@transense.co.uk
                                                                  (mailto:investor.relations@transense.co.uk)

 

Notes to Editors:

 

Transense is headquartered in Oxfordshire, UK and its shares are traded on
AIM, a market operated by the London Stock Exchange (AIM: TRT). The Company
develops and supplies advanced sensor technology and measurement solutions
used by some of the world's leading companies to improve performance,
efficiency, and safety in demanding, mission critical applications. Transense
currently operates through two active business segments:

 

SAWsense - designs, supplies and licences advanced sensor solutions based on
proven, patent protected Surface Acoustic Wave (SAW) technology to world
leading companies in aerospace, automotive, and industrial machinery
(including robotics), enabling improved efficiency and performance of their
products. Key customers include GE Aerospace, Airbus, Motion Applied
(formerly McLaren Applied), and several other confidential OEM's and Tier One
automotive, aerospace and industrial machinery suppliers.

 

Translogik - develops smart, connected commercial vehicle tyre inspection
equipment to many of the world's leading tyre suppliers, fleet operators and
service centres. Enabling accurate measurement and digital capture of
safety-critical tyre condition data, used to reduce operating costs, improve
safety and provide audit records for regulatory compliance. Key customers
include Bridgestone, Goodyear, Continental and Prometeon (Pirelli), leading
independent providers of vehicle fleet maintenance management software, and a
growing list of international territory distribution partners.

 

In addition, Transense earns residual royalty income from Bridgestone iTrack -
a tyre monitoring system for off-highway vehicles that was developed by
Translogik. The associated sales, support and development infrastructure were
sold to Bridgestone Corporation, the world's largest tyre producer, in June
2020, and the intellectual property was licensed exclusively to Bridgestone
under a ten-year deal expiring in 2030.

 

 

Find out more at: https://www.transense.com/ (https://www.transense.com/)

 

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