19 Apr 2022 07:00
19 April 2022
D4t4 Solutions Plc
Trading update
D4t4 Solutions Plc (AIM: D4T4, "the Group", "D4t4"), the AIM-listed data solutions provider, announces the following trading update for the year ended 31 March 2022.
The Group performed strongly in the second half of the financial year, and consequently the Group Revenues are expected to be in line with market expectations, whilst the Adjusted Profit Before Tax* is expected to be at the upper end of the range of market expectations.
Moreover, during the year the Group increased annual recurring revenue (ARR**) significantly by 32% to £14.0 million (2021: £10.6 million).
The Board remains highly confident in the Group's strategy, and we start the new financial year with a strengthened management team, good revenue visibility, and a strong pipeline of opportunities across both the Celebrus Customer Data Platform (CDP) and Fraud Data Platform (FDP) products. We expect to announce further contract wins in the coming months.
Final results for the year to 31 March 2022 are expected to be announced in early to mid-July.
* Adjusted profit before tax is calculated before amortisation of intangibles, one-off reorganisation costs, foreign exchange gains/losses and share based payment charges.
** ARR (Annual Recurring Revenue) is the amount of revenue currently contracted at a point in time that is expected to recur within the next twelve months.
Bill Bruno, CEO of D4t4 Solutions, said:
"This is an exceptional team performance, delivered during a year of transformational change for the Group. In the last twelve months, we also successfully transitioned to a new management team, launched a new product, and introduced innovative functionality to our existing products to provide greater value to our customers and expand upon our competitive advantage in the market."
The information communicated in this announcement contains inside information for the purposes of Article 7 of the Market Abuse Regulation (EU) No. 596/2014, as retained and applicable in the UK pursuant to S3 of the European Union (Withdrawal) Act 2018 ("MAR").
Enquiries
D4t4 Solutions Plc Bill Bruno, Chief Executive Officer Ash Mehta, Chief Financial Officer
| +44 (0) 1932 893333 moreinfo@d4t4solutions.com
|
finnCap (Nominated Adviser & Joint Broker) Julian Blunt / Edward Whiley, Corporate Finance Alice Lane, ECM
| +44 (0) 20 7220 0500 |
Canaccord Genuity (Joint Broker) Simon Bridges / Andrew Potts
| +44 (0) 20 7523 8000 |
Instinctif Partners Rozi Morris / Joe Quinlan | +44 (0) 20 7457 2020 D4t4Solutions@instinctif.com |
About D4t4 Solutions plc
D4t4 Solutions plc (AIM: D4t4) was founded around a passion for helping global enterprises derive value from their data assets.
Supporting customers in financial services, retail, travel, healthcare, and telecommunications across 27 countries, D4t4 enables businesses to make smarter, informed decisions via Celebrus, the company's flagship first party product suite. Celebrus CDP automatically captures, contextualises, and activates user-based behavioural data in real-time across all digital channels. Through behavioural biometrics and analytics, Celebrus FDP helps companies prevent fraud before it happens. Celebrus CDM provides an enterprise platform that automates the integration and transformation of customer data from all relevant data sources, whether on-premises or cloud, to deliver customer and regulatory analytics.
The Group has offices in the UK, USA, India, and Australia with key talent in all markets to drive the growth of the business. Celebrus is fully compliant with all major data privacy regulations and the Group is accredited to ISO27001: Information Security Management.
For more information, please see www.d4t4solutions.com