Trakm8 Holdings PLC provided positive update on trading for its financial year ended March 31, 2015. Group revenues were up 95% year on year. Annualized recurring revenue was up 60% to £7.3 million. The company's revenues up 73% year on year (like for like basis). Trading has been in line with the Board's expectations, with strong growth in revenues and profits compared to the prior year.

Revenue for the new financial year ending 31 March 2016 is now expected to be ahead of previous management expectations, with profits comfortably ahead of previous management expectations. The outlook for the new financial year continues to be positive.