|
Celebrus Technologies PLC on Tuesday reported increased annual recurring revenue and raised its total dividend, but swung to a pretax loss. Celebrus shares jumped 9.2% to 96.10 pence in London on Tuesday afternoon. The Sunbury-on-Thames, England-based data management platform reported a pretax loss of $976,000 for the year ended March 31, compared with a $7.3 million profit for the previous year. It also reported an adjusted pretax profit of $224,000, down 97% from $8.7 million but an improvement on the $200,000 pretax loss it forecast in early April. Group revenue fell 39% on-year to $23.6 million from $38.7 million, slightly above Celebrus’ expectation in April of approximately $23.3 million. Software revenue declined 10% to $20.3 million from $22.6 million. Celebrus annual recurring revenue, which focuses on Celebrus software licenses and managed services, rose 10% to $15.0 million from $13.6 million. Group ARR, which covers its broader recurring revenue base, including third-party and legacy software licenses, rose 8.0% to $20.3 million from $18.8 million. Celebrus proposed a final dividend of 2.41 pence per share for the period, up 3.9% from 2.32p. This brought the total dividend to 3.39p, up 3.7% to 3.27p. Looking ahead, Celebrus said it is well-positioned to convert its strong customer retention performance and growing new business pipeline into ARR growth in the current financial year. ‘Financial 2026 was a year where our platform and our people proved their quality, but in which new business didn’t perform where we needed it to,’ commented Chief Executive Officer Bill Bruno. ‘We’ve made real structural changes in response, not just tweaks, and going into financial 2027 we have a focused commercial team, a genuinely differentiated AI-enabled platform, and a pipeline that’s building well. ‘We’re in a strong position and we’re determined to show it in the numbers.’ Copyright 2026 Alliance News Ltd. All Rights Reserved.
|
