Thruvision posts narrower full-year loss

(Sharecast News) - Thruvision reported a narrower full-year loss on Friday as revenue rose 45%, supported by two large orders in Asia, although margins were hit by discounting of legacy equipment.

The AIM-traded walk-through security technology specialist said revenue increased to £6.0m in the year ended 31 March, from £4.2m a year earlier, while its operating loss narrowed to £3.6m from £4.7m.

Adjusted EBITDA losses reduced to £2.5m from £3.8m, helped by a £1.0m reduction in overheads, while adjusted gross margin fell to 33.9% from 44.9%.

Year-end cash rose to £2.0m from £0.4m, with no debt, after a £2.75m gross equity raise in July 2025.

Executive chairman Tom Black said the year had seen "a welcome return to growth" and "improved sales momentum", driven largely by key partner relationships in Asia.

He added that a "good order backlog and increased sales momentum" gave the board confidence for FY27, with expectations for further strong growth from a mix of larger project wins and smaller contract awards.

At 1047 BST, shares in Thruvision Group were up 7.14% at 0.75p.

Reporting by Josh White for Sharecast.com.

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