Thruvision Share Discussion Threads

[masurenguy] 08/12/2020 18:41

Try the Google Chrome browser instead.

[hew] 08/12/2020 17:09

Registered a week ago and received confirmation email with link. The "Go to Webinar" system would not run on my 12 months old Windows 10 system though - only a quite technical error message from several attempts. (System has run other company's webinars with no problem.)

Anyone else a problem?
Anything inspiring if you saw it?

Thank you.

[masurenguy] 01/12/2020 07:06

Thruvision (AIM: THRU) the specialist provider of people-screening technology to the international security market , will be giving private investors an introduction to its business on Tuesday 8(th) December at 4.00pm. Please register your attendance here:

[masurenguy] 23/11/2020 07:28

Good progress during the disruption over the 6 month period March - September !

Interim Results for the six months ended 30 September 2020

Key Highlights

-- Revenues for the six months ended 30 September 2020 were £4.7 million (H1 2019: £4.8 million).

-- Achieved EBITDA breakeven for the first time (H1 2019: £0.2 million loss) resulting from careful overhead management.

-- Cash at 30 September 2020 of £5.0 million, (31 March 2020: £8.4 million) with cash at 20 November 2020 of £7.8 million.

-- Continued broad-based sales success:

o Second substantial order from US Customs and major Gulf State becomes ninth international Customs agency customer;

o Four new Profit Protection customers, including Superdrug's parent company AS Watson , plus three returning customers, with CEVA Logistics signing since period end;

o For employee screening, LaGuardia becomes third airport customer along with further purchase by Seattle Airport, and Coronavirus-delayed US Transportation Security Administration testing for passenger screening now restarting;

o First lease hire deals completed in Profit Protection;

Commenting on the results, Colin Evans, Chief Executive of Thruvision, said:" The Coronavirus pandemic has affected our various market sectors in markedly differing ways. While online sales and home deliveries have boomed, aviation, mass transit and hospitality sectors have been badly affected. Although these various markets seem set to recover at different rates, it is increasingly clear that they are all likely to try to reintroduce people security screening measures in a way that removes the need to physically search people. With our growing profile and customer list, we believe we are well positioned to benefit from this trend."

[masurenguy] 10/11/2020 07:43

Interims due in 2 weeks time - on Monday (Nov 23).

[bprofit] 14/10/2020 22:47

They also have a story on LinkedIn about Sony distribution centres. Great reference: "Loss prevention for high value content is critical in today's online economy. SONY DADC is using safe-distance, contactless people screening technology from Thruvision to prevent theft at distribution centers – and improve employee safety and productivity. #SONY #Thruvision #lossprevention #distributioncenters #distributionlogistics #assetprotection #distributioncentersecurity"" LinkedIn

[leoboy] 14/10/2020 17:53

new customer ? Wilco - see

[hastings] 07/10/2020 07:17

Yes happy with that given what it's had to contend with, particularly break even EBITDA.Importantly, moving forward THRU is in an ideal spot to seriously gain as it's technology should see strong demand.

[masurenguy] 07/10/2020 07:08

Good, solid update !

Pre-close Trading Update

Thruvision (AIM: THRU) the specialist provider of 'safe distance' people-screening technology to the international security market, is pleased to provide an update on trading for the six months ended 30 September 2020, the first half of the Group's financial year. Despite the challenges presented by the Coronavirus pandemic and limited activity from early March to mid-June, the Group had a strong second quarter and, for the first time, has achieved break-even EBITDA for the half year. Revenues in the period were £4.7mn (H1 FY20: £4.8m) with a gross margin of 48% (H1 FY20: 48%).

Cash at 30 September 2020 was £5.0m (31 March 2020: £8.4m) and this is expected to improve materially during October when a US Federal Government payment falls due, bringing cash to levels seen in the prior year. Our Customs and Profit Protection sectors held up well despite the Coronavirus impact although our Aviation sector was inevitably badly affected. In the period we received orders from 8 new and 6 existing customers.

[masurenguy] 05/10/2020 16:16

Very quiet here following the trading update that was issued on September 18. Since then less than 180,000 shares have been traded over the past 2 weeks and no trades have been reported at all so far today. Interims are due at the end of next month.

[masurenguy] 18/9/2020 07:51

New contract and trading update.

Thruvision Group plc
Contract award announcement

Thruvision is pleased to announce a strategically important contract award by the US Government's Customs and Border Protection (CBP) for further units and associated support services totalling $4.9 million, of which $4.3 million is expected to be delivered in FY21. This latest award, in line with the Company's expectations, is a follow-on order by CBP to that of $3.0 million made in 2019.

Commenting on the award, Colin Evans, Chief Executive, said "We are delighted that CBP has added to its existing fleet of Thruvision units. This award reinforces Thruvision's international standing as a first choice provider of security technology which, in this era of COVID-19, eliminates the close-proximity physical searching, or 'patting-down', of individuals. Ongoing travel restrictions and challenges with getting onto customer sites to run operational trials are still hampering our ability to progress sales opportunities with new customers. However, this award means Thruvision expects to deliver financial results for H1 broadly similar to the same period in FY20. The aviation sector has been severely affected by COVID-19 and our business here has inevitably suffered during the period. Nonetheless, we continue to make good progress with aviation regulatory approvals which is critical for the longer-term. Equally, although the pandemic has adversely affected the broader retail sector, interest levels in our Profit Protection business have held up reasonably well and our confidence in our medium-term prospects in this sector has strengthened."

[hastings] 18/9/2020 07:50

A decent contract win for THRU announced today and the first half revenue expected to be similar to that of last year.That is a decent outcome given the disruptions etc, but importantly the company looks well set for major progress once Covid eases.

[mr dexy] 25/8/2020 07:32

Hi Hastings,

Having spotted it.. I just thought it might be of interest to holders... nothing more...

I won't trouble you again..

Regards to all


Mr D

[hastings] 25/8/2020 06:49

I think Hermes signed up with THRU last year.

[mr dexy] 25/8/2020 02:25

Hi All,

Just out of interest...

"Loss Prevention Operative - North

As a business, Hermes is shaped by our four values of Do the right thing, Dare to be different, Strive for more and Be customer obsessed. We run our business by these values and they are reflected in all of our roles, including our Loss Prevention Operative position. .....

Reporting in to and working closely with your Loss Prevention Manager, you will be responsible for managing and implementing the ThruVision search system in the your depots as well as conducting investigations and audits across the Depots and Sub-Depot Network and supporting your Loss Prevention Managers with any required LP activity."




Regards to all


Mr D

[hastings] 20/8/2020 20:29

This is also worth a look from last November.Https://m.youtube.com/watch?v=soJBk1l5nQQ

[masurenguy] 18/8/2020 08:47

Thanks Bprofit. Direct link to the post in #208 above

[bprofit] 18/8/2020 08:21

CNBC also see this to be the biggest trend in response to COVID..https://www.cnbc.com/2020/05/27/what-will-flying-be-like-how-coronavirus-is-changing-airports.html

[bprofit] 18/8/2020 08:08

Interesting post on the LinkedIn page again, content below:"Contactless" Aviation Security is officially the future! Transportation Security Administration (TSA) has released its updated strategic road map – and it highlights the need for contactless or lighter touch transportation security equipment and processes to enhance passenger safety. Can we get that implemented in 2021?

[masurenguy] 15/8/2020 18:34

Cheers Hastings - interesting insight into retail applications !

The monitors are now being adopted by a number of businesses as part of their one-way exit strategies because of their ability to scan 2000 employees per hour without making any physical contact. Instead, the thermal technology highlights the heat of the concealed item on a security monitor as the employee ends their shift.

Morrisons rolled out the scanners across its entire distribution estate earlier this year. The business has demonstrated that agnostic technology that engages with subjects at a safe distance without the fear or favour of accusations of negative profiling has become the holy grail of loss prevention and asset protection teams. “For many businesses, security bag checks and ‘wanding’ have literally been put on hold because they are not COVID-appropriate,” said Thruvision’s Vice President for Loss Prevention Sales, Alex Brundle. “We have seen a real uplift in enquiries for non-invasive checks because it is completely hands-off, operated at a safe distance and completely safe.

The return on investment is also a compelling argument, with DCs operating the system seeing annual six-figure loss savings over a period of less then 6 months, and we also offer a monthly leasing model which means it can be paid for out of the operational budget rather than a capital expenditure cost – this is a win-win.

[hastings] 15/8/2020 17:32

Https://www.lpportal.eu/content/editorial/articles/retail-environment/retailers-search-hands-internal-theft-checks-after-covid-lockdown-pat-down-ban/

[bprofit] 12/8/2020 23:02

I noticed that they announced two new projects on LinkedIn about a week ago. Next and Footasylum...

[leoboy] 01/8/2020 21:48

Order !




pt of : ?