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The Markets
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Tech

BATM 'delivering strong progress', says Shore Capital

Shore Capital believes the cyber security solutions company presents a "profitable high-growth opportunity to investors across a span of technologies"

BATM Advanced Communications Ltd (LSE:BVC) is “delivering strong progress”, said analysts at Shore Capital.

Shore Capital believes the cyber security solutions company presents a “profitable high-growth opportunity to investors across a span of technologies”.

Reporting on a house stock, the bank said that as underlying progress continues towards commercialisation, “positive operating leverage to reported results should be expected”.

Earlier today, the group promoted its chief financial officer Moti Nagar to chief executive, coming into effect from 1 January 2023.

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