23 Sep 2014 05:21
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Don't have an account? Click here to register.Toumaz's healthcare division slows but profits rise 10%
Mon, 03rd Aug 2015 12:36
(ShareCast News) - Toumaz, a wireless semiconductor and software technologies provider for healthcare and consumer audio, fell 7% on Monday despite posting an increae of 10% in first-half revenues.Revenues rose to £14m from £10.8m, and gross profits went up 40% to £6.3m during the six months to 30 June 2015, but the company's healthcare division was hurt by slow revenues in its SensiumVitals product.However, the group said it remains confident with the future thanks to recent trials results.On the bright side, Toumaz recently reached a co-development agreement with Google which is expected to drive its next generation connected audio solution.Cash balance was significantly lower at £5.5m from £12.5m.Chief executive Anthony Sethill said its "complex systems for the healthcare environment" need considerable amounts of data and trialling, which have delayed its commercial roll out.However, Sethill added that "given the strong performance by Digital Audio, we remain on course to continue to grow the business in the second half of the year".Shares in the company were down 7.03% to 3.37p on Monday at 1141 BST.
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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 more20 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 more8 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 more14 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'
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