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Falling sales, EBITDA at Big Technologies amid £38.5m settlement
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Falling sales, EBITDA at Big Technologies amid £38.5m settlement
Listed firm Big Technologies has reported a drop in annual revenue and EBITDA after agreeing a £38.5 million settlement with disgruntled former investors. The company – trading as Buddi – said both revenue and EBITDA were expected to be marginally ahead of FY25 market consensus, coming in at approximately £49.7m (2024: £50.3m) and £24.6m (2024: £27m) respectively. It said the drop in EBITDA reflected a change in margin mix and investments made i…
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