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An update from Smarttech247 Group PLC ( (GB:S247) ) is now available.
Smarttech247 Group PLC reported a 21.4% increase in revenues to €6.49 million for the six months ending January 2025, driven by a 32% rise in recurring revenue and new multi-year contracts. The company continues to expand its customer base across the UK, Europe, and the USA, while enhancing its technology offerings and sales strategy. The sale of its shareholding in Getvisibility and several new contracts post-period end indicate a strong financial position and growth trajectory. The company has also received numerous industry awards, highlighting its excellence in managed security services.
More about Smarttech247 Group PLC
Smarttech247 Group PLC is a multi-award-winning provider in the cybersecurity industry, specializing in AI-enhanced services that offer automated managed detection and response for a diverse international clientele.
YTD Price Performance: -39.25%
Average Trading Volume: 88,997
Technical Sentiment Signal: Buy
Current Market Cap: £7.38M
For a thorough assessment of S247 stock, go to TipRanks’ Stock Analysis page.