Big Technologies (BIG) provided a positive trading update that leads us to see upside to our 2022 estimates. Revenue performance to date indicates to us that BIG could meet our 2022 revenue estimate without further contract signings. The company stated that its pipeline of future opportunities remains strong, leaving room for outperformance. We leave our forecasts unchanged and reiterate that BIG remains very well positioned in an environment of slowing corporate growth and inflation.
27 May 2022
Big Technologies (BIG LN) - AGM update: Tracking ahead
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Big Technologies (BIG LN) - AGM update: Tracking ahead
Big Technologies PLC (BIG:LON) | 159 -4.8 (-1.9%) | Mkt Cap: 461.4m
- Published:
27 May 2022 -
Author:
Bob Liao, CFA -
Pages:
11
Big Technologies (BIG) provided a positive trading update that leads us to see upside to our 2022 estimates. Revenue performance to date indicates to us that BIG could meet our 2022 revenue estimate without further contract signings. The company stated that its pipeline of future opportunities remains strong, leaving room for outperformance. We leave our forecasts unchanged and reiterate that BIG remains very well positioned in an environment of slowing corporate growth and inflation.