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RNS Number : 5389K Big Technologies PLC 08 December 2025
Big Technologies plc
("Big Technologies" or "the Company", together with its subsidiaries the
"Group")
Trading Update
Rickmansworth - 8 December 2025 - Big Technologies plc (AIM: BIG), a leading
provider of electronic monitoring solutions provides the following update to
8(th) December 2025.
· 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.
· 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.
· 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.
The 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.
Ian Johnson, Big Technologies CEO, said:
"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.
The Group remains well-positioned with the financial flexibility underpinned
by a strong balance sheet and operational cashflow to continue to invest in
product and market development. The electronic monitoring market continues to
experience significant tailwinds. The Company has a clear growth strategy and
market leading products, which places the Group in a strong position to
compete for new business globally.
The Group has seen rapid progress in the second half of 2025, underpinned by
investments made to strengthen the Group organisationally and operationally.
The performance across the Group, driven by management actions and strategic
initiatives has built confidence in meeting our full year guidance for revenue
and adjusted EBITDA(1)."
(1)The company has compiled forecasts from five analysts with current market
forecasts for 2025 revenue to be in the range of £48.5m to £49.5m, with a
consensus of £49.1m, and for adjusted EBITDA to be in the range of £23.7m to
£24.5m, with a consensus of £24.1m.
-Ends-
Enquiries
Big Technologies plc +44 (0) 192 360 1910
Ian Johnson (Chief Executive Officer)
Mike Johns (Chief Financial Officer)
Zeus (Nominated Adviser and Joint Broker) +44 (0) 203 829 5000
Dan Bate / Kieran Russell (Investment Banking)
Benjamin Robertson (Equity Capital Markets)
Singer Capital Markets (Joint Broker) +44 (0) 207 496 3000
James Moat / James Todd (Investment Banking)
About
Big Technologies is a market leader in the remote personal monitoring
industry, operating under the trusted 'Buddi' brand. The Company delivers
innovative, high-quality solutions that combine advanced hardware and software
to support the monitoring of individuals in the criminal justice sector.
Through its integrated technology platform, Big Technologies offers
state-of-the-art Electronic Monitoring solutions on a subscription-based,
SaaS-like model. This platform is highly flexible and scalable, enabling
tailored deployments across diverse use cases and geographies.
The Company's core technologies are designed to meet the evolving needs of
governments and agencies, ensuring safety, compliance, and peace of mind
through reliable, real-time monitoring.
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