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The latest announcement is out from Big Technologies PLC ( (GB:BIG) ).
Big Technologies plc reported a decline in revenue and profitability for the year ended December 2024, with revenue dropping by 9% to £50.3m and adjusted EBITDA decreasing by 18% to £27.0m, primarily due to the loss of a contract in Colombia. Despite these setbacks, the company remains optimistic about future growth prospects, driven by new leadership appointments, successful product rollouts, and a strong net cash position. The company is also involved in ongoing litigation following the dismissal of former CEO Sara Murray, which has impacted investor confidence but is being managed by the new executive team.
The most recent analyst rating on (GB:BIG) stock is a Hold with a £80.00 price target. To see the full list of analyst forecasts on Big Technologies PLC stock, see the GB:BIG Stock Forecast page.
More about Big Technologies PLC
Big Technologies plc is a specialist in electronic monitoring for the criminal justice and remote care sectors. The company has developed an integrated platform that combines hardware and software to deliver electronic monitoring solutions on a subscription-based model. It supports a wide range of use cases for both high and low-risk individuals and has recently expanded into the transdermal alcohol monitoring sector.
Average Trading Volume: 1,385,269
Technical Sentiment Signal: Hold
Current Market Cap: £288.1M
See more data about BIG stock on TipRanks’ Stock Analysis page.