Today's full-year results are the second for the Group since becoming an AIM-listed company.
Companies: Cerillion Plc
CRM and billing software company Cerillion (LON: CER) has reported its full-year results today which have been well received by the market this morning.
Highlights of the results include EBITDA up by 18% to £3.6m from Revenues of £16m, up 8%. Earnings per share for the year came to 6.9p, up from the 1.3p per share reported last year. Annual dividends came to 4.2p per share, up 7% from the 3.0p per share issued in FY16.
Shares in CER were up 4% in early trading on Monday.
Group CEO Louis Hall said she "remained positive" about the 2018 financial year and the Group's "strong pipeline of prospects across EMEA, Asia Pacific and Americas."
The Group IPO'd in March 2016 at a price of 80p which quickly grew to 138p within a few weeks. It currently trades at c. 125p after today's jump.
The Group met consensus' FY17 Revenue forecasts of £16m while falling just short of the Net Profit forecasts of £2.4m, making £2.3m during the period. It is predicted to experience marginal growth in FY18 with consensus forecasting £2.5m in profit from £17m in Revenue.