UK's Thruvision H1 revenue steady at £2.6 mln, maintains FY outlook
UK's Thruvision H1 revenue steady at £2.6 mln, maintains FY outlook
Overview
UK security tech firm's fiscal H1 revenue was flat yr/yr at £2.6 mln
Order backlog more than doubled since March, supporting H2 revenue visibility
Company maintains FY27 revenue guidance at £8.0 mln
Outlook
Thruvision maintains FY27 revenue guidance at £8.0 mln
Company expects current order backlog of £2.6 mln to be delivered in FY27 H2
Company sees potential for further growth into FY28 due to expanding routes to market
Result Drivers
PARTNER NETWORK - Co said strategic partners contributed nearly 60% of H1 revenue, driving order traction across multiple regions
CONTRACT WINS - Co highlighted new contracts in retail distribution, airports in South-East Asia, and government customers as key drivers
SALES TEAM EXPANSION - Addition of sales managers in USA and UK contributed to increased sales activity and pipeline development
Company press release: ID:nRSL4344Ya
Key Details
Metric | Beat/Miss | Actual | Consensus Estimate |
H1 Revenue |
| GBP 2.6 mln |
|
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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)