Cirata shares rise as loss narrows, announces new contract
31st Mar 2025 14:41
(Alliance News) - Cirata PLC on Monday said it signed a three-year contract with a "leading" UK retailer, as it announced a narrower loss for 2024. Read More
(Alliance News) - Cirata PLC on Monday said it signed a three-year contract with a "leading" UK retailer, as it announced a narrower loss for 2024. Read More
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Thursday and not separately reported by Alliance News: Read More
(Alliance News) - The following stocks are the leading risers and fallers on AIM on Thursday. Read More
Cirata PLC - Jersey-based software solutions provider - Secures around USD2 million live data migrator contract with IBM to support a top 3 US bank. Represents Cirata's largest LDM contract signed to-date in financial services. Further, Cirata withdraws financial 2024 bookings guidance. Explains this is partly due to certain major customers opting for one-year terms rather than multi-year terms and some movement of pipeline opportunities and bookings expectations from the fourth quarter 2024 to the first-half of financial 2025. This has caused a sufficiently wide variation to expected outcomes for bookings in financial 2024. Says cash overheads run rate is currently around USD5 million for the fourth quarter, slightly better than expectations. Cash burn for the fourth quarter will be dependent on the closing bookings and cash collection for the quarter once complete. Read More
(Alliance News) - Cirata PLC on Wednesday said it will retain its booking guidance for the 2024 financial year, as it expects sales activity to improve. Read More
(Alliance News) - The following is a round-up of London-listed company director and manager changes announced recently and not separately reported by Alliance News: Read More
(Alliance News) - The following is a round-up of London-listed company director and manager changes announced in the past week and not separately reported by Alliance News: Read More
(Alliance News) - The following is a round-up of earnings for London-listed companies, issued on Wednesday and Tuesday and not separately reported by Alliance News: Read More
Cirata PLC - Jersey-based software solutions provider - Successfully raises GBP5.6 million through placing of 10.1 million new shares at 55 pence each, representing 8.7% of issued share capital prior to fundraise. Offer price is a 5.2% discount to 58 pence closing price on July 15. Notes bookrunner Panmure Liberum Ltd places 2.3 million shares worth GBP1.3 million. Current stakeholders Global Frontier Investments, Davis Capital Partners and Richard Griffiths subscribe for 1.2 million, 2.8 million and 1.4 million shares respectively. Expects shares will begin trading on AIM July 22. After admission Cirata's total issued share capital will be just north of 125.9 million shares. Read More
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Tuesday and not separately reported by Alliance News: Read More
Cirata PLC - Jersey-based software solutions provider - Says that General Motors Co has proceeded to phase two of the of the master licence agreement initially announced last August. According to last year's announcement, General Motors committed to moving at least 3.3 petabytes of data, with a contract value of over USD400,000, in the first phase. Meanwhile, the second includes a 4 petabyte data allowance, and accompanying maintenance and support services, with a contract value of USD490,733. This phase will again be transacted on the Azure Marketplace. Read More
(Alliance News) - Cirata PLC on Tuesday announced it renewed a contract with a Chinese electronic manufacturer. Read More
(Alliance News) - Cirata PLC on Tuesday said its first quarter bookings fell, but assured that it is on its way to improve its pipeline performance. Read More
(Alliance News) - Cirata PLC on Thursday said that it had borne the brunt of its March accounting "irregularities" throughout 2023, with the company's sales pipeline "coming to a standstill" and leading to a weak set of results for the year. Read More
(Alliance News) - Stock prices in London were in the green on Thursday afternoon, with mining stocks powering the FTSE 100 higher, as investors digested words from Federal Reserve Chair Jerome Powell. Read More
(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Thursday. Read More
(Alliance News) - Cirata PLC on Thursday said it has made Interim Chair Ken Lever permanent with immediate effect. Read More
(Alliance News) - Cirata PLC on Tuesday said its turnaround plan is "well underway" as it expects growth in its second half bookings, following a "traumatic" year. Read More
Cirata PLC - Sheffield, England-based data analysis platform, formerly known as WANdisco - Vice President of Investor Relations Daniel Hayes buys 150,000 at average 52.18 pence, worth GBP78,270, on Monday. Now has 353,000 shares, a 0.3% stake. Read More