Shares in Silver Bullet Data Services Group PLC (AIM:SBDS) climbed 13% after the company reported record-breaking performance and positive trading momentum.
New contract wins and renewals worth £1.5 million contributed to a strong start to the fourth quarter, with October marking the best month in the company’s history.
The company’s 4D AI platform, which offers high-margin data services, secured major deals with global clients, including BMW and VISA.
Committed revenues for 2024 now stand at £9.3 million, exceeding last year’s total of £8.3 million.
Silver Bullet also achieved positive trading EBITDA, bolstered by new brand partnerships, and remains on track to sustain growth through early 2025.
In early trading, the shares were up 6.5p at 56p.