Cordel Expands Middle East Contract
The software company has expanded its contract with a significant Middle East customer, doubling the amount of rail corridor data capture and analysis work to be delivered over the next 6 months.
The software company has expanded its contract with a significant Middle East customer, doubling the amount of rail corridor data capture and analysis work to be delivered over the next 6 months.
The software company has extended its contract with a major Australian rail operator, demonstrating the value of its infrastructure monitoring solutions.
The software company has announced a new partnership with Transport for London to trial its AI-powered infrastructure analytics technology on the London Underground network.
The Chairman of this software company has purchased a further 350,000 shares, increasing his stake to 4.69% of the company.
The software company has announced that a non-executive director has purchased 290,000 shares in the business.
The software company has released a new AI-powered platform for tracking and managing railway assets, aiming to improve efficiency and compliance for its customers.
The software company reported 8% revenue growth in the latest financial year, with improved margins and cash flow. The business expanded its customer base, adding five new clients including two major US railroads.
The software company has announced that its Chairman has purchased a block of shares on the open market.
The software company reported lower than expected full-year revenue due to economic uncertainty and industry challenges, leading to delayed sales and revenue recognition.
The software company has adjusted the vesting conditions of its Chief Revenue Officer's options to align with the company's 2025 fiscal year bookings target.