Big Technologies grew revenue 30% organically and in constant currency, largely driven by the New Zealand contract and existing customers deploying more devices. The company increased both gross and Adjusted EBITDA margins since strong scale efficiencies and operating leverage more than offset cost inflation and investments in capacity and new products. The company is well positioned for further large contract wins. However, our 2023 revenue estimates assume minimal net new contract wins, being ....

29 Mar 2023
Big Technologies (BIG LN) - 2022 results: Go Big!
Big Technologies PLC (BIG:LON) | 292 0 0.0% | Mkt Cap: 846.6m
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Bob Liao, CFA | Carl Smith, CFA
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10 pages
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Big Technologies (BIG LN) - 2022 results: Go Big!
Big Technologies PLC (BIG:LON) | 292 0 0.0% | Mkt Cap: 846.6m
- Published:
29 Mar 2023 -
Author:
Bob Liao, CFA | Carl Smith, CFA -
Pages:
10 -
Big Technologies grew revenue 30% organically and in constant currency, largely driven by the New Zealand contract and existing customers deploying more devices. The company increased both gross and Adjusted EBITDA margins since strong scale efficiencies and operating leverage more than offset cost inflation and investments in capacity and new products. The company is well positioned for further large contract wins. However, our 2023 revenue estimates assume minimal net new contract wins, being ....