Most recently on Silver Bullet Data Services Group (SBDS), in April with the shares up to 22.5p I wrote ‘emphasises “positive trading… well positioned to sustain this momentum”, but a balance sheet update daring not to speak its name?’ concluding that with its latest “Going Concern” statement having included “forecast there will be a need for additional funding in the short-term” it remains caveat emptor and avoid. The shares most recently closed at 25p, but now a “Proposed AIM Delisting & Notice of General Meeting” announcement and what of the shares currently slumping below 10p?
Most recently on company describing itself as “a provider of AI-driven digital transformation services and products” Silver Bullet Data Services (SBDS), in October 2024 with the shares significantly up to above 50p but still down from 77.5p I wrote ‘“Trading Update and Working Capital Facility”, how ‘positive’?’ concluding that I remained sceptical of a still above £9 million market cap and continued to avoid. The shares most recently closed below 20p, but what about them currently up to 22.5p on the back of a 2026 “Q1 Trading Update”?
Describing itself as “a provider of AI driven digital transformation services and products”, Silver Bullet Data Services (SBDS) has stated it is “pleased to provide” that it “has achieved record-breaking monthly revenue in September in line with management expectations, providing significant confidence of trading EBITDA positive from October” and “has successfully secured a working capital facility allowing the company to fully execute its growth strategy through FY25”. What of a share price currently significantly up to above 50p in response but still down from 77.5p just last month?
‘AI driven digital transformation services and products’ group Silver Bullet Data Services (SBDS) has announced results for the first half of 2024 headlined “Cash generated from operations, current record bookings and committed revenue, on target to achieve an EBITDA positive run rate from October onwards”. So not currently sustainably net cash generative then?
Describing itself as “a leading provider of AI-driven digital transformation services and products”, Silver Bullet Data Services (SBDS) states that it “is pleased to announce significant new contract wins and a new working capital facility”. So what of those and a current more than 33% higher share price response to 100p?
‘Provider of digital transformation services and products’ Silver Bullet Data Services (SBDS) has issued a trading update emphasising “continued strong revenue growth with overall performance in line with management expectations”. So what of a current more than 30% higher share price in response to 37.5p?
‘Provider of digital transformation services and products’ Silver Bullet Data Services (SBDS) states that it “is pleased to announce its unaudited preliminary results for the year ended 31 December 2022”. So what of a current share price response to 32.5p…down more than 24%!?
On 28th June last year digital technology and services group Silver Bullet Data Services (SBDS) was “delighted that we have successfully completed our IPO and admission to AIM… placing to raise gross proceeds of £9.5 million for the company… to accelerate Silverbullet's growth, primarily through the roll out of its 4D product and the expansion of its existing client base”. That was at 257p per share. The shares last closed at 140p... and now 2021 calendar year results and a “fundraise” announcement!







