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Thruvision Group plc ( (GB:THRU) ) has shared an update.
Thruvision Group plc announced a significant contract win for 20 high-specification security systems from a new government client in Asia, valued at over £1 million. This contract highlights the growing demand for Thruvision’s advanced security solutions in high-profile government applications. The company reported a strong order intake for the first quarter of FY26, with a 145% increase compared to the previous year, and a robust sales pipeline that is expected to convert to revenue in the current and next financial years. The company’s cash position has improved, with resources now expected to last until the end of the calendar year, contingent on future trading performance.
Spark’s Take on GB:THRU Stock
According to Spark, TipRanks’ AI Analyst, GB:THRU is a Neutral.
Thruvision Group plc faces significant financial challenges with declining revenue and profitability issues. The technical analysis underscores a bearish trend, while the valuation is unattractive with a negative P/E ratio. Although corporate events reveal some positive developments, such as new product launches, the overall outlook remains cautious due to financial instability and strategic uncertainties.
To see Spark’s full report on GB:THRU stock, click here.
More about Thruvision Group plc
Thruvision Group plc is a leading international developer, manufacturer, and supplier of advanced AI-based walk-through security technology. Their technology is utilized by government and commercial organizations in over 30 countries for efficient and safe screening of large crowds. The company is headquartered near Oxford and Washington DC.
Average Trading Volume: 1,511,386
Technical Sentiment Signal: Sell
Current Market Cap: £1.56M
Find detailed analytics on THRU stock on TipRanks’ Stock Analysis page.