Silver Bullet Data Services Group PLC's (AIM:SBDS) shares climbed 8% as investors cheered strong revenue growth and a positive outlook for 2025.
Total revenue for 2024 rose to £9.4 million, up from £8.3 million the previous year. The company’s AI-powered 4D product performed well, with revenue jumping 25% to £3.5 million.
New clients, including Boots, Universal Music and Rover, have boosted business, while the integration of newly acquired Codec is already delivering above-budget revenues. A major demand-side platform rollout was completed just after year-end.
January revenue surged 31% year-on-year, and the company has already locked in more than £6 million in committed revenue for the year. With EBITDA expected to grow, investors see momentum building for another strong year.
In early trading, the stock was up 4p at 56p.