Newmark Security Reports Revenue Growth, Focuses on HCM Expansion

Newmark Security ( (GB:NWT) ) has provided an update.

Newmark Security plc reported a full year revenue increase to £23 million, driven by strong growth in its Human Capital Management (HCM) division, which now accounts for 67% of the company’s total revenue. The company is focusing on expanding its HCM services, particularly in North America, through strategic partnerships with major platforms like Oracle and SAP, and is building a direct-to-end-user sales pipeline. While Access Control and Safetell divisions showed improved performance in the second half of the year, the company is reassessing their growth strategies to maximize shareholder value.

Spark’s Take on GB:NWT Stock

According to Spark, TipRanks’ AI Analyst, GB:NWT is a Neutral.

Newmark Security’s overall stock score is driven by strong financial performance and positive corporate events. The company’s consistent revenue growth, improved profitability, and strategic partnerships suggest a solid foundation for future expansion. However, technical analysis and valuation concerns, such as negative momentum indicators and a negative P/E ratio, temper the outlook. The company’s focus on recurring revenues and strategic alliances offers a positive long-term outlook, but current market momentum presents a challenge.

To see Spark’s full report on GB:NWT stock, click here.

More about Newmark Security

Newmark Security plc is a leading provider of electronic, software, and physical security systems, operating from the UK and US. The company focuses on Human Capital Management and Access Control Systems, offering both hardware and software solutions, as well as physical security installations across various sectors. Newmark Security is listed on AIM and serves a wide range of blue-chip customers.

Average Trading Volume: 61,124

Technical Sentiment Signal: Buy

Current Market Cap: £6.8M

See more insights into NWT stock on TipRanks’ Stock Analysis page.