Image source: © 2025 Krish Capital Pty.Ltd

Highlights

  • Revenue grew 7.6% year-on-year to GBP 49.6 million in FY2024.
  • Net profit reached GBP 4.5 million, reflecting operational efficiencies and lower finance costs.
  • FY2025 outlook projects GBP 52 million revenue and GBP 5.2 million profit before tax.

Journeo PLC (LSE: JNEO), listed on the FTSE AIM All-Share Index, provides information systems and technical services for the transport sector, focusing on intelligent transport solutions that support urban, airport, and public transport networks.

In FY2024, Journeo PLC reported revenue of GBP 49.6 million, up 7.6% from GBP 46.1 million in FY2023, mainly driven by growth in the Fleet systems segment. Gross profit increased 23.1% to GBP 17.6 million, supported by higher sales. Profit for the year rose to GBP 4.5 million from GBP 2.9 million in FY23, reflecting operational efficiencies and lower finance costs.

Business Update
In July 2025, in a trading update the company’s Chief Executive, Russ Singleton, stated that first-half performance positions Journeo PLC to deliver another year of record results. Revenue growth in UK operations nearly offset the revenue impact from a major US contract that ended in the previous year. The update also noted new business wins worth over GBP 9 million across the Rail, North American, and European segments.

Company Outlook

For FY2025, management expects revenue of about GBP 52 million and adjusted profit before tax of around GBP 5.2 million, in line with market forecasts. Revenue is projected to be higher in the second half of the year compared with the first, reflecting the company’s usual trading pattern. The prior year was an exception to this trend due to a one-off contract.

Top 10 Shareholders

 The top 10 shareholders of JNEO collectively account for approximately 40.23% of the company’s total shareholding. Among them, Charles Stanley & Co. Limited holds the largest stake at around 10.00%, followed by Slater Investments Ltd. at about 5.20%. 

Stock Information 

The stock recorded a decline of approximately 14.38% over the past month yet showed a gain of around 39.18% in the same period. It is currently trading between its 52-week high of GBX 445.00 and low of GBX 230.00, closing at GBX 375.00 on 19 August 2025.

Note 1: Past performance is not a reliable indicator of future performance.
Note 2: The reference data for all price data, currency, technical indicators, support, and resistance levels Is 19 August 2025. The reference data in this report has been partly sourced from EODHD/Others.

Technical Indicators Defined

Support: A level at which the stock prices tend to find support if they are falling, and a downtrend may take a pause backed by demand or buying interest. Support 1 refers to the nearby support level for the stock and if the price breaches the level, then Support 2 may act as the crucial support level for the stock.

Resistance: A level at which the stock prices tend to find resistance when they are rising, and an uptrend may take a pause due to profit booking or selling interest. Resistance 1 refers to the nearby resistance level for the stock and if the price surpasses the level, then Resistance 2 may act as the crucial resistance level for the stock.