Big Technologies PLC on Tuesday said that its performance over the first four months of 2023 has been in line with expectations.
Big Technologies is a Rickmansworth, England-based remote people monitoring technology company.
In a statement at the company’s annual general meeting, Chair Simon Collins said that the group has continued to grow revenue since the start of the year.
In the four months ended April 30, Big Technologies posted consolidated revenue of £18.5 million, up 33% from £13.9 million year-on-year.
‘This performance, coupled with good visibility into the second half of the year, leads to our expectations for 2023 being unchanged, and the board remains confident of delivering results in line with current market expectations,’ Collins said.
At the end of March, Big Technologies said it was ‘confident of continued growth and strong cash generation during 2023 and beyond’.
The latest company-compiled market expectations show adjusted earnings before interest, tax, depreciation and amortisation of £32.7 million to £34.7 million.
Big Technologies shares were trading 0.2% higher at 286.60 pence each in London on Tuesday morning.
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