Proactive Analyst Ed Stacey takes the time to delve into the business model of Newmark Security (LON:NWT) which specialises in products and services in the security and data sectors.
Stacey explains the company's operating divisions, which are People & Data Management as well as Physical Security Solutions.
He explains how Newmark is differentiating itself from their peers, 'legacy providers of this equipment haven't dedicated the resource that Newmark have done, perhaps some of them don't see the clock hardware as a core business which has created an opportunity for Newmark' resulting in 'fantastic share gains'
Stacey goes on to explain how the COVID-19 has had an impact on operations with some projects being delayed but stacey is confident Newmark is well-positioned to come out of the pandemic in good shape.