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Pelatro PLC - London-based marketing software specialist - Wins multiple purchase orders for change requests by existing customers worth $600,000. Says with these orders, revenue visibility for 2022 amounts to about $8.5 million.
Chief Executive Officer Subash Menon says: ‘We are continuing to experience significant momentum in our business and are confident of generating further growth in the foreseeable future.’
Earlier last month, Pelatro won a contract with a Middle East telco to provide its mViva Campaign Management and Loyalty Management solutions. The initial value of the licence contract is around $1 million, payable over three years.
Current stock price: 23.31 pence, up 6.0%
12-month change: down 39%
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