Thruvision Group plc (LSE:THRU) has announced a major contract win worth over £1 million for 20 advanced security screening systems from a new government client in Asia. This marks a significant milestone for the company, showcasing rising international demand for its high-performance, AI-driven security technologies in sensitive government environments.
In its latest trading update, Thruvision reported a substantial year-on-year increase in order intake for the first quarter of FY26, up by 145% compared to the same period last year. The company also highlighted a healthy sales pipeline, which is expected to support revenue generation through the remainder of this fiscal year and into the next. Additionally, Thruvision’s cash reserves have strengthened, now projected to support operations through the end of the calendar year—though this remains dependent on trading conditions.
Despite recent positive developments, Thruvision continues to face underlying financial pressures, including declining top-line revenue and profitability concerns. Technical indicators point to a bearish trend in the company’s stock performance, and its negative price-to-earnings (P/E) ratio reflects valuation challenges. While new product rollouts and key contract wins provide momentum, uncertainty around financial stability and long-term strategy tempers the outlook.
About Thruvision Group
Headquartered near Oxford and with a presence near Washington, DC, Thruvision Group plc is a global leader in walk-through security screening solutions. Its proprietary AI-enabled technology is used in over 30 countries by government agencies and private sector clients to conduct safe, contactless screening of people in high-traffic areas. Thruvision’s systems are designed to enhance public safety while maintaining privacy and operational efficiency.
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