Big Technologies' Share Price Plummets Amid Legal Battle and Boardroom Coup
Big Technologies plc, a leading provider of electronic monitoring solutions, has seen its share price plummet to 82p, with a market capitalisation of £243m. The company is currently embroiled in a £320m High Court battle, while also facing an attempted boardroom coup led by Sara Murray OBE.
Sara Murray OBE, who stepped down as CEO in March 2025, is now locked in a legal dispute with Big Technologies. The company accuses her of forging documents related to its 2021 news. Despite this, Murray has joined a group of investors aiming to oust chairman Alexander Brennan.
Big Technologies, under its current CEO Ian Johnson, has renewed a contract with Corrections Victoria. However, adjusted EBITDA has dipped to £12.5m, down from £14.3m the previous year. Total revenues for the first half of 2025 also slipped to £24.8m, compared to £26.5m in the same period last year. The company has secured new news in New Zealand and Australia, but faces challenges in maintaining its revenue growth.
Big Technologies plc, despite its legal and boardroom issues, has secured new news and maintains operational agreements with key justice systems worldwide. Its financial performance, however, indicates a need for strategic improvement.
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