Big Technologies lifts its outlook while separate litigation remains unresolved
Big Technologies ($BIG-LSE) reported first-half revenue of £26.9 million, up from £24.8 million, and adjusted EBITDA of £14.2 million, an increase of 14%. Management expects full-year performance marginally above consensus forecasts of £51.1 million in revenue and £25.3 million in adjusted EBITDA. Cash stood at £67.1 million after payments relating to an earlier Buddi settlement. A separate announcement said mediation in the Sara Murray litigation ended without a settlement and the case continue
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