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IN BRIEF: Pelatro confident of meeting annual expectations

ALN

Pelatro PLC - London-based marketing software specialist - Following recent contract wins, now has 25 customers and annual recurring revenue of $6.8 million. ‘We have been rolling out our non-telco offering, giving us a broader range of operations with an exciting suite of products and services for our growing list of customers,’ Pelatro says. ‘We remain optimistic about the prospects for the telecommunications industry, and increasingly about our ability to access and satisfy the demand in non-telco industries such as financial services. Given this we are confident of delivering a performance in line with expectations for 2022.’

Current stock price: 27.70 pence

12-month change: down 44%

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