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Big Sofa jumps 26% on IPO
Big Sofa Technologies (BST:AIM) enjoyed a successful IPO (initial public offering) on 19 December with its share price rising 26% to 21.5p in the first few hours of trading. The company provides video analytics to consumer brands and market research agencies, although earnings are minimal. It made £452,913 revenue in the 15 months to 30 April 2016 and a £964,010 loss before tax. (DC)