Thruvision shares jumped 25% to 0.91p on Monday after the security-technology group said it had received a notice of intent to award a new contract for its SpotCHECK people-screening system at a major airport in the Pacific Northwest of the United States. The deal, expected to be finalised by 13 December following routine procurement steps, comes from an existing customer and will involve two of Thruvision's latest 8116 walk-through screening cameras.
Thruvision Group PLC (AIM:THRU, OTC:DIGTF), in an update ahead of its AGM later today, revealed a 36% increase in revenue to £2.6 million for the six months ended 30 September 2025. Growth was driven by sales in the firm's 'entrance' market in which it supplies walk-through security equipment to prisons and other venues, as well as its customers in the retail sector.
Shares in Thruvision Group PLC (AIM:THRU, OTC:DIGTF) tumbled 20% after the security technology group reported a sharp fall in annual revenue and deeper losses. The company, which supplies walk-through scanners to retailers and border agencies, posted sales of £4.2 million for the year to March, down from £7.8 million a year earlier.
Thruvision Group PLC (AIM:THRU, OTC:DIGTF) confirmed it has raised £250,000 through a retail offer via the Winterflood Retail Access Platform (WRAP), as part of a larger £2.75 million equity raise. The retail offer was significantly oversubscribed, Thruvision told investors.
Thruvision Group PLC (AIM:THRU, OTC:DIGTF) has raised a minimum of £2.5 million through a placing and proposed subscriptions, extending its cash runway from year-end to 2027 and giving the company space to scale up commercial plans. The oversubscribed placing raised £2.125 million, with a further £375,000 expected from directors and staff once results are published.
Thruvision Group PLC (AIM:THRU, OTC:DIGTF) shares are set to end the week in a stronger place than where they started it, with Friday bringing more news that appears to secure its future. The ‘walk-through' security camera tech company, which last month warned it could run out of cash in a matter of weeks as it ended a formal sales process, today announced it is raising at least £2.5 million of new capital.