Business
Interim Results for the 6 months to 30 June 2025
Big Technologies PLC reported unaudited results for the first half of 2025, with Annual Recurring Revenue (ARR) reaching £48.9m, a 12% constant currency increase from £43.7m in H1 2024. Total Group revenues were £24.8m, compared to £26.5m in H1 2024, but underlying constant currency revenue grew by 9%. Gross margins remained high at 67.5%, slightly down from 70.0%. Adjusted EBITDA was £12.5m, excluding a £4.0m foreign exchange loss. Adjusted basic earnings per share were 3.2p, down from 4.1p. Net cash generated from operations was £5.4m, compared to £9.5m. The company's balance sheet showed net funds of £94.9m as of June 30, 2025, a slight increase from £92.9m in the previous year. Disclaimer*
About this update from Big Technologies Plc
[{"type":"text","content":"\n\n This announcement contains inside information for the purposes of Article 7 of the Market Abuse Regulation (EU) 596/2014 as it forms part of UK domestic law by virtue of the European Union (Withdrawal) Act 2018 (\"MAR\"), and is disclosed in accordance with the Company's obligations under Article 17 of MAR.\n \nBIG TECHNOLOGIES PLC (\"Big Technologies\" or the \"Company\" and, together with its subsidiaries the \"Group\")\n \nUNAUDITED RESULTS FOR THE SIX MONTHS ENDED 30 JUNE 2025\n \nRICKMANSWORTH, UK - 30 September 2025: Big Technologies plc (AIM: BIG), a leading provider of electronic monitoring solutions today announces its unaudited results for the six months ended 30 June 2025.\n \nFinancial Highlights\n· Annual Recurring Revenue1 (\"ARR\") of £48.9m (H1 2024: £43.7m on a constant currency basis2), constant currency growth of 12% reflecting strong base performance in APAC and new business success in the Americas.\n· Total Group revenues of £24.8m (H1 2024: £26.5m, £25.0m on a constant currency basis2). Underlying constant currency revenue growth of 9% (excluding the Colombia contract lost in H1 2024).\n· Gross margins remain high at 67.5% (H1 2024: 70.0%).\n· Adjusted EBITDA3 of £12.5m (H1 2024: £14.3m), excluding an exceptional foreign exchange loss of £4.0m in relation to US Dollar balances held in anticipation of a potential acquisition in H1 2025.\n· Adjusted basic earnings per share of 3.2p (H1 2024: 4.1p)\n· Net cash generated from operations of £5.4m (H1 2024: £9.5m).\n· Strong balance sheet with no debt, and net funds of £94.9m as of 30 June 2025 (30 June 2024: £92.9m).\nFinancial Progress\n\n\n\n\n£m (unless otherwise stated)\n\n\nH1 2025\n\n\nH1 2024\n\n\n\n\nAnnual Recurring Revenue (\"ARR\") and Revenue\n\n\n\n\n\n\n\n\n\n\nTotal ARR\n\n\n48.9\n\n\n43.72\n\n\n\n\nRevenue\n\n\n24.8\n\n\n26.5\n\n\n\n\nProfit and EPS\n\n\n\n\n\n\n\n\n\n\nGross Margin\n\n\n67.5%\n\n\n70.0%\n\n\n\n\nAdjusted EBITDA\n\n\n12.5\n\n\n14.3\n\n\n\n\nAdjusted EBITDA margin\n\n\n50.4%\n\n\n54.0%\n\n\n\n\nAdjusted Operating Profit\n\n\n9.5\n\n\n11.5\n\n\n\n\nStatutory Operating (Loss)/Profit\n\n\n(27.1)\n\n\n2.4\n\n\n\n\nAdjusted basic Earnings per Share\n\n\n3.2\n\n\n4.1\n\n\n\n\nCash an...