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S247 Smarttech247 Group Plc

19.00
0.00 (0.00%)
Last Updated: 08:00:00
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Smarttech247 Group Plc LSE:S247 London Ordinary Share GB00BMGNDN03 ORD GBP0.01
  Price Change % Change Share Price Shares Traded Last Trade
  0.00 0.00% 19.00 30,886 08:00:00
Bid Price Offer Price High Price Low Price Open Price
18.00 20.00 19.00 19.00 19.00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Offices-holdng Companies,nec EUR 12.18M EUR -167k EUR -0.0013 -146.15 23.58M
Last Trade Time Trade Type Trade Size Trade Price Currency
08:17:01 O 14,267 19.49 GBX

Smarttech247 (S247) Latest News

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Date Time Title Posts
03/4/202412:44Smarttech247: Profitable & Growing Cybersecurity Company13

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2024-04-18 14:58:1118.002,954,060531,730.80O

Smarttech247 (S247) Top Chat Posts

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Posted at 19/4/2024 09:20 by Smarttech247 Daily Update
Smarttech247 Group Plc is listed in the Offices-holdng Companies,nec sector of the London Stock Exchange with ticker S247. The last closing price for Smarttech247 was 19p.
Smarttech247 currently has 124,078,982 shares in issue. The market capitalisation of Smarttech247 is £23,575,007.
Smarttech247 has a price to earnings ratio (PE ratio) of -146.15.
This morning S247 shares opened at 19p
Posted at 03/4/2024 09:25 by bad gateway
Reach Announcement

03 April 2024

Smarttech247 Group PLC

("Smarttech247", the "Group" or the "Company")

Smarttech247 signs Strategic Partnership Agreement with Cisco

Smarttech247 (AIM: S247), a multi-award-winning provider of AI-enhanced cybersecurity services providing automated managed detection and response for a portfolio of international clients, is pleased to announce it has partnered with Cisco to deliver a complete security solution for threat prevention, detection, investigation and response.

Cisco Systems Inc. (NASDAQ: CSCO) ("Cisco") delivers software-defined networking, cloud and security solutions to companies worldwide and recently completed its acquisition of cybersecurity firm Splunk Inc., which had already entered into its own strategic partnership agreement with Smarttech247 in October 2023. This new partnership will see Smarttech247 integrate Cisco's security technologies into its AI-enhanced cybersecurity services, offering clients an even more comprehensive and robust defence against evolving cyber threats.

Cisco's range of security technologies for network, device, user and cloud security will integrate with Smarttech247's existing suite of cybersecurity solutions. These technologies, combined with Splunk's cybersecurity capabilities gained in the recent acquisition, will enhance Smarttech247's VisionX platform, allowing organisations to proactively secure their digital assets and mitigate risks effectively.

Raluca Saceanu, Chief Executive Officer of Smarttech247, commented:

"We are delighted to partner with Cisco which, following its acquisition of Splunk, has become one of the largest software companies globally. This collaboration underscores our commitment to delivering top-tier cybersecurity services and reinforces our position as a trusted cybersecurity partner for organisations worldwide. Together with Cisco, we are well-equipped to provide our clients with the security they need to navigate the digital world with confidence."
Posted at 05/2/2024 11:57 by someuwin
05 February 2024

Smarttech247 Group PLC



("Smarttech247", the "Group" or the "Company")



Smarttech247 Announces Integration of NoPhish Tool with Google Mail



Integration will see Enhanced Email Security Across Platforms



Smarttech247 (AIM: S247), a multi-award-winning provider of AI-enhanced cybersecurity services providing automated managed detection and response for a portfolio of international clients, is pleased to announce the expansion of its NoPhish tool to users of Google Mail.



NoPhish, Smarttech247's email security tool, previously only available on Microsoft Outlook, is designed to empower users in the fight against phishing and other email-based threats. By integrating with Google Mail this expansion provides comprehensive email security solutions for a wider audience.



NoPhish, which won Email Security Solution of the Year at the 2023 Computing Awards in London and is available for immediate use with Google Mail, enables users to report suspected emails with ease, playing a crucial role in enhancing individual and organisational cybersecurity.



Upon reporting, NoPhish employs advanced analysis algorithms to evaluate the content and legitimacy of the reported emails, offering instant feedback to the user. In cases where an email is identified as suspicious or malicious, NoPhish takes proactive measures by automatically removing the email from the user's inbox, thereby mitigating the risk of accidental exposure to harmful content.



Raluca Saceanu, CEO of Smarttech247, commented:



"We are delighted to bring NoPhish to Google Mail users. Our mission has always been to provide cutting-edge, user-friendly cybersecurity tools and by making NoPhish available on one of the world's most widely used email platforms, we are taking a significant step towards making the digital world safer for everyone.



"The integration signifies major advancement in email security, as Google Mail's extensive user base can now benefit from Smarttech247's phishing detection and response technology. This expansion is part of our ongoing efforts to adapt and evolve in the face of ever-changing cyber threats, ensuring users across various platforms can enjoy a safer email experience."



- Ends -
Posted at 12/1/2024 15:35 by bad gateway
These are quite a way of their highs any reason to get excitable over the upcoming results?

Notice of Results

Smarttech247 (AIM: S247), a multi-award-winning provider of AI-enhanced cybersecurity services providing automated managed detection and response for a portfolio of international clients, intends to announce its final results for the twelve months ended 31 July 2023 in early January 2024.
Posted at 28/4/2023 09:20 by hedgehog 100
27/04/2023 07:00 UK Regulatory (RNS & others) Smarttech247 Group PLC Interim results LSE:S247 Smarttech247 Group Plc

Smarttech247 (AIM: S247), a multi-award-winning provider of AI-enhanced cybersecurity services providing automated managed detection and response for a portfolio of international clients, today announces its maiden unaudited interim results for the six months ending 31 January 2023.

Operational highlights

-- Admitted to trading on AIM in December 2022 raising GBP3.7 million via a placing of new ordinary shares

-- Continued growth of the customer base in the UK, Europe and the US

-- Multiple new contracts secured, including:

o Three-year VisionX contract with a Fortune 150 leading automotive retailer in the USA worth c.US$800,000

o Three-year agreement with a large US tech company worth c.US$400,000

o Two-year agreement with a prestigious Irish University worth c.EUR450,000

-- Headcount increased by 75% to deliver the proprietary technologies of VisionX, Threathub and NoPhish

-- Dedicated sales operation now established leading to a growing sales pipeline

-- New Women in Cybersecurity Academy launched in August 2022

-- Featured as a Fast 50 Technology Company by Deloitte Ireland in November 2022

Post-period end

-- New and renewed contracts secured:

o Existing contract with a global pharmaceutical client renewed for another year which is worth c.US$615,000

o Contract secured with a new client - a global pharmaceutical organisation

o New three-year contract worth over EUR100,000 with a leading climate solution company

o Extended the scope of an existing contract with a Fortune 500 customer

o Signed a letter of intent for a three-year contract with a major European financial services group

-- Successful Zero Day Con 2023 conference held in March 2023

-- Participation in new Managed Security Service Provider Program with partner, Forcepoint, a global security leader, announced in April 2023

-- Shortlisted by Small Cap Awards for IPO of the Year and by Tech Excellence Awards for Managed Security Service Provider for the Year

-- Grant of share options to employees

Financial highlights

-- Revenues increased by 19.4% to EUR4.62 million (31 January 2022: EUR3.87 million)

-- Adjusted EBITDA increased by 59.7% to EUR1.15 million (31 January 2022: EUR0.72 million)

-- Cash of EUR7.00 million at the period end (31 July 2022: EUR2.36 million)

Raluca Saceanu, Chief Executive Officer of Smarttech247, commented :

"I am pleased to announce our first set of results as an AIM-quoted company. Smarttech247 is already seeing the benefits from its admission with continued revenue and EBITDA growth, and we are now well funded to support our expansion strategy. We are actively progressing with the delivery of our new products and traction with international customers is continuing to develop as evidenced by our growing sales pipeline.

"As Smarttech247 continues to establish itself as a key player in the cybersecurity sector, we are pleased with the progress made to date, and look forward to continued growth and strategic advances. " ...
Posted at 05/2/2023 14:57 by hedgehog 100
02/02/2023 07:00 UK Regulatory (RNS & others) Smarttech247 Group PLC Contract win update LSE:S247 Smarttech247 Group Plc

Smarttech247, a multi-award-winning provider of AI-enhanced cybersecurity services providing automated managed detection and response for a portfolio of international clients, is pleased to provide an update on contract wins during the last quarter.

The Company, which was admitted to trading on AIM in December 2022, has secured a number of new multi-year contracts utilising its automated Managed Detection and Response Platform, VisionX. These include a three-year agreement with a large US tech company headquartered in Massachusetts and a two-year agreement with a prestigious university in Ireland worth c.$400,000 and c.$450,000 respectively over the lives of the contracts. The contract wins build on the three-year $800,000 contract with a Fortune 150 leading automotive retailer in the USA with annual revenues of over $20 billion which the Company won in October 2022.

Raluca Saceanu, Chief Executive Officer of Smarttech247, commented :

"We are delighted to have been awarded a number of multi-year contracts with prestigious organisations. It demonstrates Smarttech247's ability, not just in the UK and Ireland, but overseas, to deliver cybersecurity solutions to a growing list of global blue-chip clients. It also demonstrates the rapid adoption of our new platform, VisionX.

"Cyber threats are increasing in number and complexity every year. To protect brand reputation, customers' private and payment information, as well as sensitive IP, organisations are taking a focused cyber management approach to reduce their risk.

"We look forward to working in partnership to provide improved security solutions to all our customers and will update the market on future progress in due course."
Posted at 19/12/2022 17:05 by hedgehog 100
Current share price 19th. December 2022: 30.75p
124,078,982 shares in issue
Market capitalisation: £38.15M.


"WHY SMARTTECH247

We Keep You Secure"




15/12/2022 07:00 UK Regulatory (RNS & others) Smarttech247 Group PLC Admission to AIM and First Day of Dealings LSE:S247 Smarttech247 Group Plc

"Smarttech247, a multi-award-winning provider of AI enhanced cybersecurity services providing automated managed detection and response for a portfolio of international clients, announces that its Ordinary Shares will today be admitted to trading on the AIM market of the London Stock Exchange ("Admission"). Dealings will commence at 8.00 a.m. under the ticker "S247". The Company's ISIN is GB00BMGNDN03.

As announced on 1 December 2022, Smarttech247 has successfully raised gross proceeds of GBP3.67 million for the Company, through a Placing of 12,385,828 new Ordinary Shares at the Placing Price of 29.66 pence per share. Based on the Placing Price, the Company's market capitalisation is approximately GBP36.80 million at Admission.

The Admission Document was published on 30 November 2022 and is available on the Company's website www.smarttech247.com .

The Company has a total of 124,078,982 shares in issue.

SPARK Advisory Partners Limited is acting as Nominated and Financial Adviser and Shard Capital Partners LLP is Broker to the Company.

Key Highlights

-- Smarttech247 is a multi-award-winning, AI-based cybersecurity organisation. It is led by a highly experienced Board and management team, with its head office located in Cork, Republic of Ireland and a client base predominantly in Europe and the USA.

-- The Company is profitable and cash generative and has achieved significant revenue growth in FY21 (20% over projected revenue and 50% growth compared to FY20) and expects continued growth in FY22.

-- Smarttech247 provides security solutions to a growing list of blue-chip clients (B2B) utilising an automated Managed Detection and Response Platform. The Group's services target proactive prevention for clients and utilise the latest methodology in cloud, big data analytics and machine learning, as well as incident response teams, to protect enterprises as they migrate to cloud-based IT operations.

-- Smarttech247 has a diverse portfolio of blue-chip customers that includes pharmaceutical, technology, industrial and services companies.

-- The Company has demonstrated a return on investment for clients that have implemented its platform. Forrester Consulting determined that the VisionX product provides in excess of a 300% ROI and EUR2 million net of present value (NPV), providing customers with a "payback" on investment within 6 months.

-- Smarttech247 is highly focused on innovation and operational excellence, and has exciting plans to continue to expand its Research and Development department in order to further enhance its security technologies. Two new proprietary technologies ThreatHub and VisionX were launched in 2022, in addition to NoPhish in 2021.

Raluca Saceanu, Chief Executive Officer of Smarttech247, commented :

"We are delighted to announce Smarttech247's successful admission to London Stock Exchange's AIM. The AIM quotation represents an important milestone for the Company to support our continued development of proprietary technology, increase our international presence and deliver new, innovative cybersecurity solutions. The Company intends to continue its growth both organically and, if appropriate, through complementary acquisitions in a highly fragmented global cybersecurity market.

"With the considerable experience of our Board and management team, we strongly believe that we are well placed to generate shareholder value.

"We look forward to updating the market on our future progress." ..."
Smarttech247 share price data is direct from the London Stock Exchange

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