Business
Trading Update
Big Technologies plc announced new business wins in Lithuania, Latvia, and Pierce County, Washington, with a new contract in Prince Edward Island, Canada, expected to generate annual recurring revenue in 2026 and reduce customer concentration, notably a £0.6m ARR from Lithuania with potential to grow to €6m over three years. The company also formed a strategic partnership with US-based Recovery Monitoring Solutions and received FCC approval for its new AlcoBreath product, combining breath alcohol detection, GPS, and facial recognition. These developments, alongside strong performance in the second half of 2025, reinforce confidence in meeting market expectations for 2025 revenue between £48.5m and £49.5m, with adjusted EBITDA between £23.7m and £24.5m. Disclaimer*
About this update from Big Technologies Plc
[{"type":"text","content":"\n\nBig Technologies plc\n(\"Big Technologies\" or \"the Company\", together with its subsidiaries the \"Group\")\n Trading Update\n\nRickmansworth - 8 December 2025 - Big Technologies plc (AIM: BIG), a leading provider of electronic monitoring solutions provides the following update to 8th December 2025.\n· New Business Wins in Lithuania, Latvia, and Pierce County (Washington state), subject to final contract. New contract signed in Prince Edward Island, Canada. All of the contracts and awards are expected to generate ARR to the group over the course of 2026 as they come online and reduce customer concentration. The largest award, Lithuania, will deliver an initial ARR of £0.6m expected to materialise in 2026, with the opportunity to grow to a total contract value of up to c. €6m over a three- year term.\n \n· Partnership agreed with US based Recovery Monitoring Solutions ('RMS'). Buddi has signed a strategic partnership with RMS to provide state-of-the-art alcohol monitoring and GPS products to their clients. RMS has a 32-year history of delivering innovative solutions to their customers, and we are pleased to be working with them to increase their product portfolio, and further expand Buddi's reach in the USA.\n \n· Product Certification: The Group has recently developed a new product to measure breath alcohol, called 'AlcoBreath' which has recently received FCC (\"Federal Communications Commission\") approval in the USA. The unit combines breath alcohol detection, real time GPS tracking, and facial recognition in a robust, compact handheld device. The Group believes there is a significant market, particularly in the USA, for compliance-based alcohol monitoring.\nThe Group expects to release its full year trading update at the end of January 2026 and new contract wins underpin confidence in the Group's trading in line with market expectations.\nIan Johnson, Big Technologies CEO, said:\n\"We are continuing to progress our transformation programme, strengthening our organisation and delivering profitable growth. We are delighted with the recent awards and validation of the competitiveness of the Buddi proposition to customers globally.\nThe Group remains well-positioned with the financial flexibility under...