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Big Technologies plc ( AIM : BIG , " the Company " or " the Group " ) , the leading , integrated technology platform for the remote monitoring of individuals , is pleased to announce its interim results for the six month period to 30 June 2021 ( the " Period " ) . The Period predates the Group's admission to AIM , which occurred on 28 July 2021 . Revenue Gross margin ( % ) Statutory operating profit Adjusted operating profit¹ Adjusted EBITDA² Adjusted EBITDA² margin ( % ) Big Technologies plc Unaudited interim results for the six months ended 30 June 2021 Cash generated from operating activities Net cash Adjusted diluted earnings per share³ Statutory diluted earnings per share Statutory basic earnings per share Financial performance ● ● ● H1 2021 £ m 18.0 71.3 % 8.0 8.9 10.2 56.7 % 8.5 23.8 Pence 2.8p 2.4p 2.5p H1 2020 £ m 12.8 62.8 % 4.9 5.4 6.7 52.2 % 4.9 7.0 Pence 1.6p 1.4p 1.4p 1 Before amortisation of acquired intangibles , IPO preparation costs and share - based payments expense . A reconciliation to statutory measures is presented in the notes to the interim results . 2Before IPO preparation costs and share - based payments expense . ³Before amortisation of acquired intangibles , IPO preparation costs and share - based payments expense . FY 2020 £ m 29.6 67.8 % 12.7 13.5 15.7 53.1 % 16.8 17.5 Pence 4.3p 4.0p 4.1p Gross margin increased to 71.3 % in H1 2021 versus 62.8 % in H1 2020. Additional revenue in 2021 in APAC and the Americas has more than covered the additional cost of sales taken on during 2020 to support increased monitoring and support services in those regions ; Adjusted EBITDA margins of 56.7 % in H1 2021 versus 52.2 % in H1 2020 ; Cash generated from operating activities of £ 8.5 million . Significant net cash balance of £ 23.8 million as at 30 June 2021 , which was further increased by around £ 14.7 million of net proceeds as a result of the Group's initial public offering on 28 July 2021 . Operational and strategic performance 25 % increase in Buddi Smart Tags out with customers as compared with the end of H1 2020 ; Revenue increased by 41 % in H1 2021 versus H1 2020 as a result of new contract wins and expansion of revenues earned from existing contracts ;