As FY21 comes to a close, D4t4 has announced six new Celebrus contract wins in key vertical sectors, totaling £3.0m of revenue. Adding this to the contract wins announced earlier in 2H21 and the recurring revenue sees the group meet our FY21 sales expectations and boosts the ARR going into FY22. In fact, management now expects earnings will be “comfortably ahead” of current expectations. In response, we lift our FY21 adj. PBT forecast from £3.2m to £3.5m. At this stage, we make no changes to FY2 ....
01 Apr 2021
D4T4 Solutions - YE contracts more than deliver on FY21 expectations
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D4T4 Solutions - YE contracts more than deliver on FY21 expectations
Celebrus Technologies PLC (CLBS:LON) | 212 0 0.0% | Mkt Cap: 83.9m
- Published:
01 Apr 2021 -
Author:
Cavendish Research -
Pages:
3
As FY21 comes to a close, D4t4 has announced six new Celebrus contract wins in key vertical sectors, totaling £3.0m of revenue. Adding this to the contract wins announced earlier in 2H21 and the recurring revenue sees the group meet our FY21 sales expectations and boosts the ARR going into FY22. In fact, management now expects earnings will be “comfortably ahead” of current expectations. In response, we lift our FY21 adj. PBT forecast from £3.2m to £3.5m. At this stage, we make no changes to FY2 ....