PTRO.L Share News (PTRO)

Pelatro to miss earnings expectation as takes hit from currency moves

(Alliance News) - Pelatro PLC on Thursday said annual earnings before interest, tax, depreciation and amortisation will fall below market expectation, after currency fluctuations and rising interest rates hurt revenue.

AIM WINNERS & LOSERS: Venture Life, Facilities by ADF rise on new buys

(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Thursday.

IN BRIEF: Pelatro says Chair Richard Day to resign in two months

Pelatro PLC - London-based marketing software specialist - Says Richard Day will resign from his position as chair. He will remain as chair for the next two months while the search process for a successor is underway.

EARNINGS SUMMARY: Fonix Mobile hikes dividend; UIL laments tensions

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Thursday and not separately reported by Alliance News:

Pelatro wins $0.6m in contract changes

(Sharecast News) - Customer engagement software specialist Pelatro has been awarded multiple purchase orders for change requests by existing customers, it announced on Tuesday.

IN BRIEF: Pelatro shares rise as multiple purchase orders won

Pelatro PLC - London-based marketing software specialist - Wins multiple purchase orders for change requests by existing customers worth USD600,000. Says with these orders, revenue visibility for 2022 amounts to about USD8.5 million.

AIM WINNERS & LOSERS: Westminster and Pelatro rise on contract wins

(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Wednesday.

IN BRIEF: Pelatro shares jump on USD1 million contract in Middle East

Pelatro PLC - London-based marketing software specialist - Says it has won a contract with a Middle East telco, to provide its mViva Campaign Management and Loyalty Management solutions. The initial value of the licence contract is around USD1 million, payable over three years. "With this win, revenue visibility for 2022 stands at around USD8 million," the company adds.

IN BRIEF: Pelatro confident of meeting annual expectations

Pelatro PLC - London-based marketing software specialist - Following recent contract wins, now has 25 customers and annual recurring revenue of USD6.8 million. "We have been rolling out our non-telco offering, giving us a broader range of operations with an exciting suite of products and services for our growing list of customers," Pelatro says. "We remain optimistic about the prospects for the telecommunications industry, and increasingly about our ability to access and satisfy the demand in non-telco industries such as financial services. Given this we are confident of delivering a performance in line with expectations for 2022."

IN BRIEF: Pelatro wins contract to provide its management service

Pelatro PLC - London-based marketing software specialist - Signs contract to provide its mViva Campaign Management Solution to an unnamed large global telecommunications company for about six months. The solution will provide a proof of concept, which gauges feasibility and potential of an idea or concept.

Pelatro to provide proof of concept for mViva solution to global telco

(Sharecast News) - Software company Pelatro has been selected by an unnamed large global telecommunications firm to provide a proof of concept for its mViva campaign management solution.

UK shareholder meetings calendar - next 7 days

IN BRIEF: Pelatro secures new contract win in non-telco sector

Pelatro PLC - London-based marketing software specialist - Signs first contract with Orea Money and Banque Nationale d'investissement for about USD1.5 million for an initial period of three years. The SaaS contract will provide the company's contextual campaign Management in a SaaS model to analyse user behaviour, generate predictions using AI/ML based models and increase revenue.

Pelatro scores first fintech customer

(Sharecast News) - Software firm Pelatro has secured its first customer in the fintech space, with the group's mViva platform being selected by Orea Money and Banque Nationale d'investissement in Africa.

TRADING UPDATES: Cloudbreak signs royalty agreement; TomCo drills

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Tuesday and not separately reported by Alliance News: