Big Sofa expecting 'significant' growth, shareholders hear

Video analytics provider Big Sofa Technologies expected to deliver “material revenue growth” in the current financial year, its shareholders heard on Tuesday, thanks to “significant customer partnerships” with the likes of Procter & Gamble, Ipsos, Unilever and SC Johnson.

The AIM-traded firm said it was already seeing evidence of that growth in its expanding near-term new business pipeline, which included some “valuable and exciting” projects.

“We continue to be greatly encouraged by the progress Big Sofa is making,” said chairman Nicholas Mustoe at the company’s annual general meeting.

“We also continue to develop opportunities with additional significant customers and are confident that one or two of these will start to deliver revenue in the second half.

“We look forward to continuing to update shareholders throughout the second half of the current year.”