Most recently writing on Thruvision Group (THRU), describing itself as a “leading provider of walk-through security technology”, earlier this month with the shares down to below 12p I concluded with the financials of the interim results set to be quite dire, natch still avoid/sell. What of now the shares at 9.5p and those results for the group’s half-year ended 30th September 2024?
Describing itself as a “leading international provider of walk-through security technology”, I most recently wrote on Thruvision Group (THRU) in April with its shares at 17.5p concluding sceptically on its then-stated “expectation that we will reach profitability in the short-term”. The shares most recently closed at 16p and what of now a “Half year trading update and Board changes” announcement?
Previously writing on self-described “leading international provider of walk-through security technology” Thruvision (THRU), in November with the shares at 20p I questioned ‘a robust base from which the group can profitably grow’. So what of today a trading update and the shares currently at 17.5p?
Previously writing on group describing itself as a “leading provider of walk-through security technology” Thruvision (THRU), last month with the shares up to 24p I concluded I still continue to question whether the group has currently ‘a robust base from which the group can profitably grow’. At a now prospective £38.6 million market cap, I still currently certainly avoid. What now of the group’s results for its half-year ended 30th September 2023 and the shares currently at 20p?
Describing itself as a “leading provider of walk-through security technology”, Thruvision (THRU) is “pleased to announce” a “placing… at a price of 23.5 pence per placing share to raise gross proceeds of approximately £3.2 million”. What of this, with the shares currently up to 24p?
Previously writing on group which describes itself as a “leading provider of walk-through security technology” Thruvision (THRU), in July with the shares down to 28.5p I concluded that cash was key and that there is perhaps not really a robust base from which the group can profitably grow. Today a “Half year trading update”, which commences “trading in the six month period has shown good momentum”. So what of the shares currently, from a most recent close 29p, down to below 25p?
Describing itself as a “leading provider of walk-through security technology”, Thruvision Group (THRU) has announced results for its year ended 31st March 2023 emphasising a “breakthrough year, which saw revenues jump by 49%… to £12.4 million” and “a robust base from which we can profitably grow the group”. So what of a current over 6.5% lower share price response to 28.5p?
People-screening technology group Thruvision (THRU) has announced results for its half-year ended 30th September 2022, emphasising “revenue was up 41% to £2.8 million” and US Customs and Border Protection “order backlog stood at £7.4 million ($8.3 million), and further non-CBP orders totalling £1.3 million have been received since. We expect to deliver most, if not all, of this order backlog during the second half of the financial year… on track to achieve its objective of breaking even at Adjusted EBITDA this financial year for the first time”. So what of a current little-changed just above 22p share price?
People-screening technology group Thruvision (THRU) states that it “is pleased to provide an update on trading for the six months ended 30 September 2022” and the shares have currently responded up to 23.7p in response to the update. I having previously written on the group a year ago, what’s the story now?
Previously writing on self-styled “leading provider of ‘safe distance’ people-screening technology to the international security market” Thruvision (THRU), in April with the shares at 22.4p I concluded whilst there should still be business suitability to the operating environment, with financial performance still to prove, I continue to avoid. Today the group “is pleased to provide an update on trading for the six months ended 30 September 2021” but the shares are again lower towards 20p, so what’s going on?...
Previously writing on self-styled “leading provider of "safe distance" people-screening technology to the international security market” Thruvision Group (THRU), in October with the shares rising to above 28p I concluded that whilst there should be some suitability to the current environment, the update also includes the company’s aviation sector “badly affected”. With also a more than £40 million market cap, I currently avoid. The shares last closed at 23.5p... and today a “Pre-Close Statement”...
Thruvision (THRU) “is pleased to provide an update on trading for the six months ended 30 September 2020”, including noting “a strong second quarter and, for the first time, has achieved break-even EBITDA for the half year”. The shares have currently responded to above 28p, 5% higher...
