Smarttech247 Group PLC (LSE:S247) has issued a year-end trading update alongside plans to delist from AIM. The company highlighted key strategic achievements, including securing major multi-year contracts across multiple sectors and strengthening its service offerings by attaining elite partner status with Splunk.
Despite experiencing softer margins, Smarttech247 expects revenue to surpass market guidance, with recurring income making up a substantial portion of total revenue, underscoring both resilience and growth potential. The proposed AIM delisting is intended to address perceived undervaluation in public markets and provide the company with greater strategic flexibility. Management anticipates that the move will reduce costs and regulatory burdens, allowing a sharper focus on long-term growth and shareholder value. A matched bargain facility will be established to maintain shareholder liquidity following the delisting.
About Smarttech247 Group PLC
Smarttech247 is an award-winning cybersecurity company specializing in AI-driven Managed Detection and Response (MDR). Its services include threat intelligence, 24/7 threat detection, investigation, and response for international clients across sectors such as automotive, healthcare, pharmaceuticals, finance, security, transport, and public services. With offices in Ireland, the UK, Romania, Poland, and the USA, the company emphasizes proactive threat prevention using advanced technologies and a highly skilled incident response team.
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