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FireAngel Connected Fire Safety Business & Financials Examined

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In this Research Note, we examine FireAngel Safety Technology Group plc, a UK AIM-listed company, founded in 1998, with a product portfolio of smoke alarms, CO alarms, heat alarms and accessories. Based on their 2022 Annual Report, investor presentations and press releases, this analysis covers their product portfolio, 2022 financial results and the June 2023 strategic review with Memoori’s view of possible outcomes. With a growing emphasis on IoT technology, the group provides safety-critical connected home technology, for housing authorities, landlords and homeowners alike. FireAngel Connected is a purpose‐built solution for home safety. Using Connected, social landlords can remotely monitor interlinked alarms and environmental sensors, access real‐time status and compliance updates, and view diagnostic reports in a more intelligent way to manage properties and protect residents. FireAngel Predict is built as standard into FireAngel’s Connected smoke and heat alarms and runs an algorithm, with a patented application, that spots trends of behaviours logged by devices, […]

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