|
Big Technologies PLC on Tuesday said it remains well positioned for the new year after reporting good progress, and strong trading, in 2025. As a result, the Rickmansworth, England-based electronic monitoring solutions provider expects 2025 revenue and adjusted earnings before interest, tax, depreciation and amortisation to be ‘marginally’ ahead of market consensus. Big Technologies said annual recurring revenue achieved constant currency growth of 12% to £52.4 million from £46.8 million the year prior, on a constant currency basis, reflecting strong new business momentum, especially in the Americas which grew 25%. Revenue slipped slightly to £49.7 million from £50.3 million in 2024, but was ahead of consensus of £49.1 million. Adjusted Ebitda in 2025 was around £24.6 million, down from £27.0 million in 2024, but ahead of £24.1 million consensus. Chief Executive Ian Johnson said: ‘Building on the solid final quarter of 2025 where we were awarded several new contracts, the group remains well positioned for further growth in 2026, underpinned by best in class technology, a loyal client base and a robust balance sheet.’ Shares in Big Technologies rose 3.9% to 106.00 pence each in London on Tuesday. Copyright 2026 Alliance News Ltd. All Rights Reserved.
|