Posted on SHARESCOPE 6th October 2023 | By Elric Langton
Visiting an old friend in today’s fast-evolving tech landscape, few sectors remain as untouched by innovation as the world of transportation. At the helm of this transformation, one finds Journeo PLC (AIM: JNEO), a trailblazer in information systems and services explicitly curated for transport and local governments. The company’s recent accomplishment — a £2m purchase order acquisition from a Northern Transport Partnership — is a testament to its ascending trajectory in the market.
When I first spotlighted Journeo on SharePad, it began as a relatively uncharted entity with a modest share price of 122p and a market cap of just £10.7 million. Its evolution, from this humble introduction to its commanding valuation of £33.6 million at 207p today, is a compelling narrative of the transformative power of innovation and strategic alliances. Their growth validates early backers’ foresight and underscores a clear message: in the ever-evo…