Silver Bullet Data Services Group PLC (LON:SBDS), Silverbullet, a provider of AI driven digital transformation services and products, has announced a trading update with new contract wins and renewals worth, in aggregate, £1.5 million.
Key Updates
| · | In-line with expectations, the Group began Q4 with positive trading EBITDA, which has been further strengthened by new brand partnerships. |
| · | Combined new bookings in September and October 2024, running through to Q1 2025, of approximately £1.5 million. |
| · | October was the best performing month on record for the Group and included a significant proportion of new bookings relating to 4D AI higher-margin data revenues with global blue chip clients including BMW and VISA. |
| · | As at 31 October 2024, committed revenues for FY2024 stood at approximately £9.3 million (unaudited), more than £1 million ahead of last year’s total annual revenue (2023: £8.3 million). |
