Tracsis Plc Ord (TCIIF) Q4 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good afternoon and welcome to the Traxxas PLC final results investor presentation. Today we are joined by David Frost, CEO, and Andy Kelly, CFO. Questions are encouraged throughout this webinar and can be submitted via the Q&A box situated on the panel on the right-hand side of your screen. I'll now hand over to David to begin the presentation. Thank you. Yes, thank you, Harry, and welcome, everybody. We appreciate you joining us today. It's a real pleasure to be here and presenting to most of you for the first time. Next slide. So onto the agenda. Andy and I will start by walking you through a review of performance in FY25. And we'll then talk about strategic direction, the growth opportunities, and the outlook for Traxxas in FY26 and beyond before we move on to take questions from you. Next slide. So just to set the scene for myself, a few key messages for FY25. Firstly, performance improved in the second half. which meant we were able to deliver full year results that were in line with the revised guidance that we gave back in April. As part of that, we resolved the profitability issues in traffic data and events, and we enter the new financial year in a much stronger position as a result of that. Secondly, we made good progress in the areas that matter most for the long-term success of the business. Recurring revenues are an important focus area for us and they continue to grow at a healthy rate. We won new strategic multi-year contracts, both in pay as you go and also in geo intelligence, which will support future revenue growth. And we also completed the transformation of our operating model. bringing the rail technology and services division under a single global leadership while investing into next generation product platforms, which will come on to later in ...