Microlise reports rise in profits and revenue


 

Telematics firm Microlise saw revenue rise by 14% to £57m in the 12 months to 30 June 2021, as haulage firms strove for fleet efficiencies. The company, which listed on the London stock exchange’s AIM in July, also increased its pre-tax profit to £2.2m during the period, compared with £710,000 the year before. Microlise said its strong interim results were delivered despite the global microchip shortage, which affects its hardware products, as well as the challenges of Covid-19 and Brexit. […]