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Thruvision Group plc
(LSE:THRU)
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Rating:42Neutral
Price Target:
0.79 p
▲(16.47% Upside)
Action:Reiterated
Date:06/27/26
The score is driven primarily by weak financial performance (persistent losses, sharp gross-margin compression, and consistently negative operating/free cash flow), which outweighs the benefit of low leverage. Technicals further pressure the score, with the price below all key moving averages and negative MACD alongside very weak RSI. Valuation provides limited support because the negative P/E reflects ongoing losses and no dividend yield is indicated.
Positive Factors
Low leverage / conservative balance sheet
Very low debt reduces financing risk and interest burden, giving management flexibility to fund operations or pivot while cash flows remain negative. This durable conservatism lowers bankruptcy risk and preserves optionality for strategic investments or partnerships over months.
Negative Factors
Persistent negative operating and free cash flow
Repeated operating and free cash outflows mean the core business is not self-funding, forcing reliance on external capital or reserves. Over a multi-month horizon this constrains investment, increases refinancing risk, and limits the firm's ability to scale or weather demand hiccups without dilution or debt.
Read all positive and negative factors
Positive Factors
Negative Factors
Low leverage / conservative balance sheet
Very low debt reduces financing risk and interest burden, giving management flexibility to fund operations or pivot while cash flows remain negative. This durable conservatism lowers bankruptcy risk and preserves optionality for strategic investments or partnerships over months.
Read all positive factors
Thruvision Group plc (THRU) vs. iShares MSCI United Kingdom ETF (EWC)
Market Cap
£5.94M
Dividend YieldN/A
Average Volume (3M)2.99M
Price to Earnings (P/E)―
Beta (1Y)-0.53
Revenue Growth44.63%
EPS Growth59.14%
CountryUK
Employees35
SectorIndustrials
Sector Strength72
IndustrySecurity & Protection Services
Share Statistics
EPS (TTM)-0.01
Shares Outstanding448,559,020
10 Day Avg. Volume1,617,556
30 Day Avg. Volume2,993,701
Financial Highlights & Ratios
PEG Ratio0.01
Price to Book (P/B)0.65
Price to Sales (P/S)0.51
P/FCF Ratio-4.35
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)>-0.01
Revenue Forecast (FY)-£7.80M
Thruvision Group plc Business Overview & Revenue Model
Company Description
Headquartered in Abingdon, UK, Thruvision Group plc is a company dedicated to the development, manufacturing, and global distribution of passive people-screening technology. Operating in the United Kingdom, across Europe, the Americas, Asia-Pacifi...
How the Company Makes Money
Thruvision makes money primarily by selling its terahertz imaging security screening systems (hardware) to customers such as security operators, integrators, and end users that deploy screening checkpoints. Revenue is also generated from associate...
Thruvision Group plc Financial Statement Overview
Summary
Income Statement
22
Negative
Balance Sheet
58
Neutral
Cash Flow
24
Negative
| Breakdown | Mar 2026 | Mar 2025 | Mar 2024 | Sep 2022 | Mar 2021 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 6.02M | 4.16M | 7.81M | 12.42M | 8.36M |
| Gross Profit | 864.00K | 1.29M | 3.52M | 5.20M | 3.34M |
| EBITDA | -2.82M | -4.13M | -2.37M | -325.00K | -1.31M |
| Net Income | -3.63M | -4.60M | -2.85M | -805.00K | -1.66M |
Balance Sheet | |||||
| Total Assets | 7.52M | 8.46M | 11.60M | 12.45M | 12.76M |
| Cash, Cash Equivalents and Short-Term Investments | 2.02M | 374.00K | 4.12M | 2.81M | 5.44M |
| Total Debt | 366.00K | 544.00K | 643.00K | 725.00K | 653.00K |
| Total Liabilities | 2.80M | 2.90M | 2.84M | 3.63M | 3.31M |
| Stockholders Equity | 4.71M | 5.56M | 8.76M | 8.82M | 9.45M |
Cash Flow | |||||
| Free Cash Flow | -701.00K | -4.90M | -1.45M | -2.63M | -2.31M |
| Operating Cash Flow | -273.00K | -4.36M | -826.00K | -2.51M | -1.58M |
| Investing Cash Flow | -454.00K | -450.00K | -532.00K | -112.00K | -735.00K |
| Financing Cash Flow | 2.37M | 1.05M | 2.65M | -50.00K | 491.00K |
Thruvision Group plc Technical Analysis
Positive
0.68
Price Trends
0.74
Positive
0.77
Positive
0.84
Positive
Market Momentum
0.13
Negative
85.82
Negative
74.81
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For GB:THRU, the sentiment is Positive. The current price of 0.68 is below the 20-day moving average (MA) of 0.79, below the 50-day MA of 0.74, and below the 200-day MA of 0.84, indicating a bullish trend. The MACD of 0.13 indicates Negative momentum. The RSI at 85.82 is Negative, neither overbought nor oversold. The STOCH value of 74.81 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for GB:THRU.
Thruvision Group plc Peers Comparison
UnderperformOutperform
Sector (63)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
76 Outperform | £33.54M | 9.47 | 8.48% | 2.70% | 22.02% | 15.56% | |
64 Neutral | £2.88B | 28.33 | 19.34% | 2.25% | -0.47% | ― | |
63 Neutral | $10.79B | 15.43 | 7.44% | 2.01% | 2.89% | -14.66% | |
58 Neutral | £9.67M | 14.52 | 4.23% | 3.43% | 10.89% | 9.05% | |
54 Neutral | £3.56M | 17.33 | 14.23% | ― | 20.42% | ― | |
50 Neutral | £5.92M | -14.55 | -6.73% | ― | 24.39% | 65.82% | |
42 Neutral | £5.94M | -1.17 | -67.80% | ― | 44.63% | 59.14% |
* Industrials Sector Average
GB:THRU
Thruvision Group plc
1.33
-0.45
-25.28%
GB:CSSG
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70.00
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GB:IGE
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2.60
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79.31%
GB:PEG
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11.43%
GB:SNX
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200.00
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GB:QQ
QinetiQ
563.00
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17.71%
Thruvision Group plc Corporate Events
Business Operations and Strategy
Thruvision Wins £3m Airport Security Contract in South-East Asia
Positive
Aug 10, 2026
Thruvision Group has secured a contract worth more than £3 million through its principal Asian partner to deploy high-throughput people-screening systems across multiple major airports in South-East Asia. The systems will focus on aviation wo...
Business Operations and StrategyProduct-Related Announcements
Thruvision’s 8108 WalkTHRU screened under UK NPSA threat detection test
Positive
Jul 10, 2026
Thruvision Group plc, a specialist in AI-enabled walk-through security screening systems, has confirmed that its 8108 WalkTHRU solution has undergone testing using the UK Government’s National Protective Security Authority Discriminative Thr...
Business Operations and StrategyFinancial DisclosuresPrivate Placements and Financing
Thruvision Returns to Growth on Asian Orders as Cash Position Strengthens
Positive
Jun 26, 2026
Thruvision reported a return to growth for the year to 31 March 2026, with revenue rising 45% to £6.0 million, driven largely by two major orders worth £2.7 million in Asia and broader contributions from the US. Adjusted EBITDA losses na...
Business Operations and StrategyFinancial Disclosures
Thruvision Sets Date for Full-Year Results amid Global Security Tech Expansion
Positive
Jun 23, 2026
Thruvision Group plc, a specialist in walk-through security screening systems used globally in high-volume environments, continues to expand its AI-based detection technology across government and commercial markets. The company’s platforms ...
Business Operations and Strategy
Thruvision Wins New European Retail Distribution Orders via Sensormatic Partnership
Positive
Jun 19, 2026
Thruvision Group plc, a specialist in walk-through security screening systems, focuses on high-throughput, safe detection of concealed items for government and commercial clients worldwide. Its patented technology, integrated with advanced AI algo...
Business Operations and Strategy
Thruvision expands reseller network with RedteQ and Bavak deals
Positive
May 14, 2026
Thruvision Group plc, a provider of walk-through security screening systems, has expanded its value-added reseller network by appointing RedteQ in the UK and Bavak Security Group in Belgium, the Netherlands and Luxembourg. The new partners will ha...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.