8th Jul 2025 12:48
(Alliance News) - Celebrus Technologies PLC shares jumped on Tuesday as it raised its dividend and reported increased recurring revenue and higher profit amid new customer wins.
The Sunbury-on-Thames, England-based data management platform said pretax profit increased 5.4% to USD7.3 million in the twelve months to the end of March from USD7.0 million a year prior.
Shares in Celebrus were up 15% to 169.20 pence in London on Tuesday afternoon.
Revenue was down 5.4% to USD38.7 million from USD40.9 million, but cost of sales were reduced by 23% to USD14.7 million from USD19.3 million.
Annual recurring revenue was up 14% to USD18.8 million from USD16.5 million.
Celebrus declared a final dividend of 2.32p per share, up 4.0% from 2.23p a year ago. The total dividend for the year was 3.27p per share, 3.8% higher than 3.15p last year.
Celebrus reported key new customer wins including a "global airline and a major fintech business," as well as "strong upsells".
It said it has continued to transition away from supporting third-party software to align with its strategy of focusing on its own software sales.
Looking ahead, Celebrus said the new financial year has started with a "strong pipeline", as annual recurring revenue has been boosted to almost USD20 million with a "good proportion of revenue already committed" to the current year.
"Overall, this was a year of continued progress offset by operational and macroeconomic challenges, particularly some slowing down of customer decision making in the second half of our financial year, as we described in the trading update in April," said Chief Executive Officer Bill Bruno.
"While we naturally focus on the challenges, and how to improve upon our learnings, I believe our results show that the company and team excelled in many areas and made significant progress in bringing to life our strategic vision for Celebrus."
Celebrus also on Tuesday said it has won two software contracts with new customers during the quarter to the end of June.
The first is a three-year deal with an unnamed European bank that is "undertaking a digital transformation programme as it transitions to being principally an app-first bank".
It will use the product in the Celebrus Cloud service to target hyper-personalisation.
The second contract is a three-year deal with an unnamed American fintech in the trading and brokerage sector.
The client will also use the product in Celebrus Cloud, with an initial focus on paid-media optimisation.
The two contracts have a combined value of just under USD4.0 million and add USD1.1 million to annual recurring revenue in their first year.
"The wins illustrate the returns from the group's ongoing investment into product development, customer success and a direct sales channel, and reinforce the board's confidence in continuing to drive growth in ARR, with customers across a wide range of industry sectors," Celebrus said.
By Michael Hennessey, Alliance News reporter
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