(Alliance News) - Celebrus Technologies PLC on Monday touted the appeal of its platform across a range of industry sectors, following several new contract wins in the most recent quarter.
In the three months ended December 31, the financial third quarter for the Middlesex, England-based data management platform, Celebrus signed four contracts of note in the US, UK, and Europe. None of the customers were named.
The first is a three-year deal with a European retailer of experience gifts, which intends to use the Celebrus Cloud platform to "help drive better engagement with customers [and] build compliant marketing profiles about those customers". This is a new customer.
The second is with an existing "global" banking customer, which has renewed its multi-million dollar annual licence for a further three years.
The third is with a UK bank, which has been using a light, bespoke version of Celebrus that is no longer supported. The bank has now signed a three-year multi-million dollar contract for the full Celebrus platform, in order to use its full functionality across both web and mobile for digital identity verification and personalisation.
Finally, the fourth contract is with a new customer in the US healthcare sector, also closed by the firm's direct sales channel. The three-year contract also incorporates hosting in Celebrus Cloud.
"We've talked quite a bit about change, investment, and our new approach to the business in a very short period of time. The team has worked diligently on our new vision, and we are thrilled to see these wins getting over the line," said Chief Executive Officer Bill Bruno.
"I'm extremely proud of what the team has accomplished and look forward to more of the same as we continue to drive this business forward in our mission to improve the relationships between brands and consumers via better data."
Celebrus said the four contracts reinforces its confidence in meeting market expectations for financial 2024. These call for adjusted pretax profit of GBP5.4 million on GBP32.1 million in revenue. This will be up from GBP3.8 million in adjusted profit on GBP21.4 million in revenue for financial 2023, when Celebrus was called D4t4 Solutions.
Celebrus shares were trading 8.6% higher at 233.51 pence each in London on Monday morning.
By Holly Beveridge, Alliance News reporter
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