Thursday 10 October 2024

Contract extension with "Sainbury's"

 That's a welcome Friday RNS from Trakm8 with a 2 year contract extension with "Sainbury's". πŸ˜€ 

"This contract extension, for two years to 31 December 2026, is for the Sainsbury's Goods Online ("GOL") delivery solution. This is built on the Trakm8 Insight AI Optimisation platform algorithms supplied via API."

Trakm8 have been in the doldrums for sometime now but boast a host of prestigious clients. Are they turning things around this year? The last trading update states that revenues and profits will be better than recent years. Let's hope so! Market cap. is tiny so improved results should materially affect the share price very positively at the current depressed levels and cheer up depressed share holders πŸ˜­πŸ˜‚.

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