19th Oct 2021 11:46
D4T4 Solutions PLC - Surrey-based data management - Reports interim revenue up 47% year-on-year at GBP7.5 million from GBP5.1 million, and says revenue and adjusted profit in six months to September 30 are both in line with management forecasts.
"The board remains confident in delivering a solid full year FY22, in line with management expectations," company says, adding that second half prospects underpinned by significant new business pipeline based on Celebrus CDP software.
Newly-appointed Chief Executive Bill Bruno says: "We had a very successful H1, including a significant new win with a major US based global financial services organization and notable upgrades to existing customer contracts. We also continue to convert legacy deals into ARR, delivering on our strategy to increase recurring-revenue sales to support our growth."
Current stock price: 374.00 pence; up 5.4% on Tuesday
Year-to-date change: up 27%
By Paul McGowan; [email protected]
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