Smarttech247 Group PLC (GB:S247) has released an update.
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Smarttech247 Group PLC, a leading AI-enhanced cybersecurity service provider, has reported a 17.4% increase in revenue to €5.4 million in its unaudited interim results for the first half of the fiscal year ending January 31, 2024. The company highlighted significant new multi-year contracts, technological partnerships with industry giants such as Amazon, Google, and Cisco, and the successful launch of new cybersecurity products. Despite increased investments for growth, the company maintains a strong cash position and a growing institutional shareholder base, indicating robust prospects for the remainder of the fiscal year.
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