Thruvision, the leading provider of ‘safe distance’ people screening technology, has announced a trading update for the full year to 31 March 2022. Good momentum has continued, with a strong performance from Profit Protection, where revenue was up 70% on the prior year. The decision by Tesco, the leading UK retailer, to deploy Thruvision at scale represents a significant contract win, coupled with the addition of its first major European customer, Zalando. In the US, Profit Protection has secured its first order from Republic National Distributing Company (RNDC), one of the US’s largest alcohol distributors, representing a foothold into the US market. Management has reiterated confidence in an increased order flow from US Customs and Border Protection (CBP) given its close engagement. Finally, we introduce FY23 estimates – these anticipate growth of some 20%-25% on the FY22 revenue outturn, and importantly also suggest an EBITDA-breakeven result for the first time in the group’s history. Overall, a strong update for FY22, and boding very well for FY23 and beyond.