Big Technologies plc reported its full-year 2025 financials and operational progress, posting a set of results that management says were slightly above market expectations for both revenue and adjusted EBITDA.
On an annual recurring revenue basis, the company recorded 12% growth, taking ARR to
On a regional basis, the Americas showed particularly strong momentum with growth of 25% in ARR.
Group revenues on an unaudited basis were approximately
Adjusted EBITDA on an unaudited basis was reported at approximately
The company said the adjusted EBITDA decline reflects a shift in margin mix and deliberate investments to strengthen Group management following contract losses earlier in the reporting period.
At year-end, Big Technologies held
The company noted that this cash position would have been reduced by the initial
Operationally, Big Technologies highlighted several advances during the year:
- New contract wins in southern Europe and Aruba.
- Reorganization with appointed regional vice presidents to reshape the leadership structure.
- Opening of a U.S. monitoring center in Tampa, Florida.
- Product launch of 'AlcoBreath', a device for measuring alcohol in breath.
- Partnership with Actall Corporation to incorporate Buddi's RF tag technology into the Actall HubSens RTLS platform.
"I am pleased to report good progress in 2025 despite the contract losses midway through 2024 impacting the year. As a result of our focus on strengthening the management of the Group, new contract momentum has improved."
The results present a mixed picture: recurring revenue growth and regional strength in the Americas were balanced by lower adjusted EBITDA driven by margin mix changes and investment in management. The company's cash position remains substantial before accounting for the initial settlement payment tied to the Buddi litigation.
Footnote: All figures in the report are unaudited where indicated by the company.