The latest update is out from Big Technologies PLC ( (GB:BIG) ).
Big Technologies PLC has suspended its CEO, Sara Murray, due to concerns related to her conduct in ongoing litigation involving a subsidiary acquisition. During her suspension, CFO Daren Morris will serve as interim CEO to maintain business continuity. Despite the leadership change, the company reports a strong start to the financial year, with cash reserves exceeding £100 million and expectations for growth in monthly recurring revenue. The company remains optimistic about its strategic position and potential for revenue growth in 2025.
More about Big Technologies PLC
Big Technologies PLC is a UK-based company specializing in remote people monitoring technology. The company focuses on the electronic monitoring market and aims to expand its presence in under-represented target markets through strategic investments and development.
YTD Price Performance: -23.91%
Average Trading Volume: 136,181
Technical Sentiment Consensus Rating: Strong Buy
Current Market Cap: £301.8M
Find detailed analytics on BIG stock on TipRanks’ Stock Analysis page.