D4T4 Solutions PLC - Middlesex, England-based data management platforms - Says it has won six new contracts in key vertical sectors for its Celebrus family of products, which will add a total of GBP3.0 million to revenue in the financial year to March 31.
"These wins bear out the confidence placed in the strength of the pipeline of business opportunities carried into the second half of the year. This will result in the group reporting results comfortably ahead of current market expectations for the year ended 31 March 2021 at the adjusted pretax profit level and provide a healthy year-end increase to the group's annual recurring revenue run rate as it begins 2022," it says.
Board believes that consensus market expectations for 2021 prior to announcement, were as follows: revenue: GBP21.8 million; adjusted pretax profit GBP3.1 million.
Current stock price: 325
Year-to-date change: up 10%
By Arvind Bhunjun; arvindbhunjun@alliancenews.com
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