Tribe Technology set to deliver healthy pipeline of orders from Tier-One miners. Watch the video here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksTMZ.L Share News (TMZ)

  • There is currently no data for TMZ

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

Toumaz's full-year loss widens as investment continues

Tue, 21st Apr 2015 16:05

British digital radio, connected audio and wireless healthcare group Toumaz saw its losses widen in 2014 due to strong investments.Earnings before interest, taxes, depreciation, and amortization reported a loss of £9.76m, down 4% from the year before. Losses before tax also increased slightly, by 2% to £13.5m.However, the group's revenues increased 19.5% to £26.2m driven by a good performance in its healthcare and digital audio businesses.Its healthcare division saw its first hospital deployments of the SensiumVitals system in the UK, US, Portugal and Australia, generating £750,000 in revenues.The digital audio subsidiary enjoyed an increase of revenues by 16% thanks to strong market growth and new design wins.Looking ahead, the group said: "Whilst we remain confident about the prospects for healthcare, the pace at which revenues ramp up is yet to be proven."Shares in Toumaz fell 6.89% to 4.19p on Tuesday at 16:22.
More News
23 Sep 2014 05:21

UK Earnings, Trading Statements Calendar - Week Ahead

Read more
22 Sep 2014 15:09

UK Earnings, Trading Statements Calendar - Week Ahead

Read more
22 Sep 2014 05:20

UK Earnings, Trading Statements Calendar - Week Ahead

Read more
19 Sep 2014 15:09

UK Earnings, Trading Statements Calendar - Week Ahead

Read more
19 Sep 2014 05:25

UK Earnings, Trading Statements Calendar - Week Ahead

Read more
18 Sep 2014 15:23

UK Earnings, Trading Statements Calendar - Week Ahead

Read more
5 Sep 2014 08:06

Toumaz Launches New Digital Radio Module Verona 2

Read more
4 Sep 2014 13:13

Toumaz Chosen As Technology Supplier For Philips Spotify Speakers

Read more
1 Aug 2014 08:47

Toumaz Grows First-Half Revenue But Loss Unchanged

Read more
29 Jul 2014 09:55

Toumaz Subsidiary Wins Technology Strategy Board Funding

Read more
30 Jun 2014 08:56

Toumaz Subsidiary Signs South Africa Distribution Deal For SensiumVitals

Read more
23 May 2014 10:04

Toumaz Says It Is Trading In Line With Expectations

LONDON (Alliance News) - Toumaz Ltd, the low-power wireless semiconductor company, said Friday that trading in the year to date has been in line with its expectations. Earlier this month, Toumaz said its wireless healthcare division, Sensium Healthcare, signed distribution agreements for it

Read more
20 May 2014 13:33

Toumaz's Frontier Silicon Gains UK Digital Tick Mark

LONDON (Alliance News) - Toumaz Ltd, the low power wireless semiconductor company, said Tuesday that its consumer audio division Frontier Silicon gained UK Digital Tick Mark technology approval. The Digital Tick Mark is part of the UK government's strategy to develop a digital future for ra

Read more
8 May 2014 12:41

Toumaz Signs Distribution Agreements For SensiumVitals In The Middle East

LONDON (Alliance News) - Toumaz Ltd Thursday said its wireless healthcare division, Sensium Healthcare, has signed distribution agreements for its wireless vital signs monitoring system, in five Middle Eastern markets. SensiumVitals is an ultra-low power system for wireless monitoring of pa

Read more
14 Apr 2014 10:30

Toumaz To Preview New Digital Radio Chip And Module

LONDON (Alliance News) - Toumaz Ltd said Monday that it will preview its new Kino 4 digital radio chip, and launch a digital radio module, at the Hong Kong Electronics Fair taking place this week. The new digital radio module was developed with iBiquity Digital Corp, and is based on Toumaz'

Read more

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.