Thruvision Group plc
DIGTF
Other OTC0.01
USD
- -
- -
ISIN
GB00B627R876
Return %
Stock
S&P500
1Y
-52.50
26.84
3Y
-96.94
77.03
5Y
-97.03
80.55
Capital Structure
FRC
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in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.- CEO
- Victoria Jane Balchin
- Full Time Employees
- 43
- Sector
- Industrials
- Industry
- Security & Protection Services
- Address
- 121 Olympic Avenue Abingdon United Kingdom OX14 4SA
- IPO Date
- Dec 29, 2016
- Website
- thruvision.com
- Similar Companies
- Business
- Thruvision Group plc engages in the development, manufacture, and sale of advanced passive terahertz (THz) people-screening technology and security solutions primarily targeting global security markets. The company's core product portfolio comprises walk-through security screening systems including the TS4 series (TS4-C, TS4-SC), TAC (Thruvision Advanced Camera), and related deployment accessories, designed to detect concealed weapons, explosives, narcotics, cash, and other contraband in real-time using patented AI-driven THz sensor technology. These products serve diverse markets such as mass transit security, customs and border control, retail distribution, entrance security for public venues, profit protection, and visitor-friendly security applications. Thruvision's technology enables non-intrusive, rapid, and accurate screening that reduces the need for physical pat-downs and enhances operational efficiency. The group operates across the United Kingdom, Europe, Americas, Asia Pacific, the Middle East, and Africa. Founded in 2006 and headquartered in the United Kingdom, Thruvision continues to expand globally through strategic partnerships and technological innovation. In recent developments, Thruvision completed a £3.2 million equity fundraising in October 2023, facilitating a strategic investment by Pentland Capital, which became a significant 10% shareholder. The company announced a strategic sales partnership in May 2024 with Sensormatic Solutions, a global retail solutions firm owned by Johnson Controls Inc. (NYSE: JCI). This alliance aims to broaden Thruvision's market reach in retail security, especially in distribution center security, by leveraging Sensormatic's global retail customer base. Revenue growth in 2025 was driven by large government orders in Southeast Asia and an expanding footprint in the US retail security market, although the UK retail distribution segment faced challenges leading to revised full-year revenue guidance between £5 million and £7 million. Operationally, the company continues to reduce adjusted EBITDA losses and enhance gross profit margins despite market headwinds, underscoring ongoing resilience and focus on scalable growth opportunities. Thruvision Group plc also pursues market opportunities in entrance screening for public safety, mass transit security, customs and border protection, and profit protection against theft, supported by robust intellectual property rights and continuous research and development. The company is well positioned to leverage its unique THz technology in growing security-conscious sectors worldwide while maintaining headquarters in the United Kingdom and serving customers globally through direct operations and strategic partners. This comprehensive product and service offering, combined with recent strategic partnerships and equity investments, highlights Thruvision Group plc's commitment to advancing non-invasive security screening technologies for diverse global markets. The company remains focused on expanding its technological capabilities and geographic presence while managing operational efficiencies and adapting to market dynamics in 2025 and beyond.
Thruvision Group shares rise as it lands foothold in US aviation market
Thruvision surges 25% as US airport moves to award new screening contract
Thruvision shares drop on profit warning
Thruvision shows strong revenue growth in 'entrances' unit
Thruvision sinks 20% after revenue slump and rising losses
Thruvision Group closes oversubscribed retail offer
Thruvision secures £2.5m lifeline, cash runway extended to 2027
Thruvision Group secures financial future with equity raise, ends strategic review