IN BRIEF: Pelatro revenue up 11%, with full year to meet expectations

Tue, 25th Jan 2022 11:59

Pelatro PLC - London-based marketing software specialist - Says full-year results for 2021 will be in line with expectations. Won three new customers in the year, with a current total of 22 telco customers. Annual recurring revenue was USD6.0 million as of January, up 11% from previous year at USD5.4 million. Gross cash as of December 31 was USD3.3 million.

Full results for the year will be released in late March/early April.

Current stock price: 27.29, down 5.9% on Tuesday

12-month change: down 24%

By Elizabeth Winter; elizabethwinter@alliancenews.com

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