Celebrus Technologies (CLBS)

Sector:

IT Services

Index:

FTSE AIM All-Share

211.00p
   
  • Change Today:
    -1.50p
  • 52 Week High: 255.00
  • 52 Week Low: 155.00
  • Currency: UK Pounds
  • Shares Issued: 39.44m
  • Volume: 1,295
  • Market Cap: £83.23m

Celebrus strikes four software contract deals

By Josh White

Date: Monday 08 Jan 2024

LONDON (ShareCast) - (Sharecast News) - Data solutions provider Celebrus Technologies announced multiple software contract wins for the December quarter on Monday.
The AIM-traded firm said the first contract was a three-year agreement with a new client, a prominent European retailer specialising in experience gifts.

It said the client would use its product through Celebrus Cloud, the company's hosted service, to enhance customer engagement, create compliant marketing profiles, and improve customer experiences.

The contract was secured through Celebrus' direct sales channel.

Celebrus said the second contract involved an existing global top-ten banking customer, which had renewed its multi-million-dollar annual licence for an additional three years.

The renewal incorporated an increase in Celebrus session volumes and a 19% rise in annual recurring revenue (ARR) compared to the original contract.

It said the extension also included integrating new features such as Cross-Domain Continuance, CX Vault, and the Tableau Workbook.

The third contract was with a UK bank using a limited, bespoke version of Celebrus that was no longer supported.

It said the bank signed a three-year, multi-million-dollar contract to use the Celebrus platform, enabling comprehensive functionality across web and mobile applications for digital identity verification and personalisation.

The fourth contract represented a new customer in the US healthcare sector, secured through Celebrus' direct sales channel.

Celebrus said the three-year agreement also included hosting in Celebrus Cloud and would further establish it in the healthcare sector.

The client planned to use Celebrus' data model to establish a compliant digital patient data identity, enhancing patient experiences while navigating the provider's digital platforms.

Celebrus said the recent contract wins and the new US banking customer mentioned in its half-year results in November highlighted the positive outcomes resulting from Celebrus' ongoing investments in product development, customer success, and a direct sales channel.

The board said it was confident in achieving full-year market expectations and continuing to drive growth in ARR across a wide range of industry sectors.

"We've talked quite a bit about change, investment, and our new approach to the business in a very short period of time," said chief executive officer Bill Bruno.

"The team has worked diligently on our new vision, and we are thrilled to see these wins getting over the line.

"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."

At 1553 GMT, shares in Celebrus Technologies were up 9.74% at 235.95p.

Reporting by Josh White for Sharecast.com.

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CLBS Market Data

Currency UK Pounds
Share Price 211.00p
Change Today -1.50p
% Change -0.71 %
52 Week High 255.00
52 Week Low 155.00
Volume 1,295
Shares Issued 39.44m
Market Cap £83.23m

CLBS Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value Not Available
Price Trend
50.75% above the market average50.75% above the market average50.75% above the market average50.75% above the market average50.75% above the market average
39.78% above the sector average39.78% above the sector average39.78% above the sector average39.78% above the sector average39.78% above the sector average
Income Not Available
Growth
82.7% below the market average82.7% below the market average82.7% below the market average82.7% below the market average82.7% below the market average
97.7% below the sector average97.7% below the sector average97.7% below the sector average97.7% below the sector average97.7% below the sector average

CLBS Dividends

  Latest Previous
  Interim Final
Ex-Div 07-Dec-23 20-Jul-23
Paid 12-Jan-24 25-Aug-23
Amount 0.92p 2.15p

Trades for 29-Apr-2024

Time Volume / Share Price
08:10 643 @ 212.50p
08:07 44 @ 211.00p
08:00 608 @ 211.60p

CLBS Key Personnel

CEO Bill Bruno
CFO Ashoni (Ash) Kumar Mehta

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