Thruvision Group, an Oxfordshire-based provider of walk-through security technology, has reported increased revenue and narrowed losses in what its executive chairman described as a “welcome return to growth”. <\/p>\n\n\n\n
The Abingdon-headquartered firm’s technology is deployed in more than 30 countries by government and commercial organisations in a range of security situations, where large numbers of people need to be screened quickly, safely and efficiently.<\/p>\n\n\n\n
In the year to 31 March 2026, revenue at the listed business rose by 45 per cent to \u00a36m underpinned by a strong performance in Asia where the award of two orders totalling \u00a32.7m formed the bulk of the regional revenue.<\/p>\n\n\n\n
Thruvision also posted an adjusted EBITDA loss of \u00a32.5m, down from \u00a33.8m in the prior year, benefitting from a \u00a31m reduction in overheads. Operating losses also fell, from \u00a34.7m to \u00a33.6m.<\/p>\n\n\n\n
Executive chairman Tom Black said: “The past year has seen a welcome return to growth for Thruvision with revenue of \u00a36m, 45 per cent higher than the previous year, and improved sales momentum. This success was due in large part to the success of our relationships with key partners in Asia who continue to generate material sales opportunities.<\/em><\/p>\n\n\n\n “A good order backlog and increased sales momentum give us confidence for FY27. We expect to see a mix of material project wins combined with a return to growth of our smaller contract awards driven in part by the recent expansion of our sales team. As a result of these factors, the board is confident that FY27 can deliver further strong growth.”<\/em><\/p>\n\n\n\n Image source: Thruvision<\/p>\n","protected":false},"excerpt":{"rendered":" Thruvision Group, an Oxfordshire-based provider of walk-through security technology, has reported increased revenue and narrowed losses in what its executive chairman described as a “welcome return to growth”. The Abingdon-headquartered firm’s technology is deployed in more than 30 countries by government and commercial organisations in a range of security situations, where large numbers of people […]<\/p>\n","protected":false},"author":2,"featured_media":2441,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[27,30],"tags":[214],"class_list":["post-2440","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-software","category-tech","tag-oxford"],"yoast_head":"\n