Shearwater Group Secures £4.4 Million Contract with Leading UK Telecom

Shearwater ( (GB:SWG) ) has issued an update.

Shearwater Group plc has secured a £4.4 million contract with a leading UK telecom and media company through its subsidiary, Brookcourt Solutions. This contract involves delivering a data-centric security and compliance platform, enhancing data protection and compliance for the telecom provider’s extensive digital infrastructure. The deal is expected to contribute significantly to Shearwater’s financial growth in FY25, reinforcing Brookcourt’s reputation as a trusted partner for large enterprises seeking innovative data security solutions.

Spark’s Take on GB:SWG Stock

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

Shearwater’s overall stock score reflects a mix of strengths and challenges. The company’s stable balance sheet and improving cash flow are positive, but significant profitability issues and negative valuation metrics weigh heavily. Positive corporate events offer some optimism for future growth and stability.

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

More about Shearwater

Shearwater Group plc is an award-winning company that provides cybersecurity, managed security, and professional advisory solutions to enhance online safety for organizations and their users. The company offers a full range of services including identity and access management, data security, cybersecurity solutions, and security governance, risk, and compliance. Headquartered in the UK, Shearwater serves a global clientele across various industries and is listed on the London Stock Exchange’s AIM.

Average Trading Volume: 30,418

Technical Sentiment Signal: Sell

Current Market Cap: £7.27M

For a thorough assessment of SWG stock, go to TipRanks’ Stock Analysis page.