Thruvision shares fall 11% despite £3 million airport security contract

Impact · against what's priced in

Thruvision's revenue visibility has improved through a significant SE Asia contract and backlog growth, but the market is discounting this against a weakening cash position. IP Group's minor investment in a spin-out is a routine portfolio activity with negligible price impact.

THRU−0.10

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In context

A £3 million SE Asia contract and a doubled backlog (£2.6m vs £1.3m) improve confidence in the £8m revenue target, but these gains are offset by a 20% drop in cash reserves to £1.6 million.

Read from the article alone

• ai
• IPO
• THRU
• airport security
• funding round
• materials science
• order backlog
• revenue forecast
• security technology
• south east asia

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