14th Sep 2026 07:00
AIM: CER
This announcement contains inside information for the purposes of Article 7 of the Market Abuse Regulation (EU) 596/2014 as it forms part of UK domestic law by virtue of the European Union (Withdrawal) Act 2018. Upon publication of this announcement, this inside information is considered to be in the public domain.
Cerillion plc
("Cerillion" or the "Company")
Full Year Trading Update
Cerillion, the billing, charging and customer relationship management software solutions provider, announces an update on trading for the current financial year ending 30 September 2026.
On 1 June 2026, the Company reported in its interim results statement that there was a significant second-half weighting to the current year's results. While the second-half results will be significantly ahead of the first-half, it is now apparent to the Board that the year's outturn will be behind consensus market forecasts*. Revenue is now estimated to be in the range of £46m - £48m, with adjusted EBITDA margin in the range of 43% - 45%. In the prior financial year, revenue was £45.4m and adjusted EBITDA margin was 50.9%.
The main reason for the shortfall is that some anticipated new and existing customer orders have been delayed or deferred. This included software licence expansions and upgrades. Major implementations are progressing, with the transformation project at UCom nearing completion and software installation having been completed at Omantel. The back-order book remains strong, the new customer pipeline remains healthy and the balance sheet is very robust.
Full year results are expected to be announced at the end of November 2026.
*The consensus revenue prior to this announcement was £52.80m and consensus adjusted EBITDA margin was 45.2%.
Enquiries:
Cerillion plc | c/o KTZ Communications |
Louis Hall, CEO | T: 020 3178 6378 |
Greg Price, CFO | |
Panmure Liberum Limited (Nomad and Joint Broker) | T: 020 3100 2000 |
Bidhi Bhoma, Edward Mansfield, Piers Shimwell | |
Singer Capital Markets (Joint Broker) | T: 020 7496 3000 |
James Moat, James Fischer | |
KTZ Communications | T: 020 3178 6378 |
Katie Tzouliadis, Robert Morton |
About Cerillion
www.cerillion.com
Cerillion has a 26-year track record in providing mission-critical software for billing, charging and customer relationship management ("CRM"), mainly to the telecommunications sector. The Company has c. 70 customer installations across c. 45 countries.
Headquartered in London, Cerillion also has operations in India and Bulgaria as well as a sales presence in Continental Europe, the USA, Singapore and Australia.
The business was originally part of Logica plc before its management buyout, led by CEO, Louis Hall, in 1999. The Company joined AIM in March 2016.
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