Cirata (CRTA)

Sector:

IT Services

 67.00p
   
  • Change Today:
      0.000p
  • 52 Week High: 1,310.00
  • 52 Week Low: 48.80
  • Currency: UK Pounds
  • Shares Issued: 114.96m
  • Volume: 56,344
  • Market Cap: £77.02m

Wandisco secures largest-ever contract

By Iain Gilbert

Date: Tuesday 28 Jun 2022

LONDON (ShareCast) - (Sharecast News) - Software firm Wandisco has secured an $11.6m contract with an unnamed global communications group, the company's largest-ever contract.
Wandisco said on Tuesday that 50% of the total contract value will be paid in advance.

The AIM-listed group will provide the customer with access to its LiveData Migrator and LiveData Migrator for Azure products in order to migrate smart meter data collected by the client from an on-premise Hadoop cluster to multiple cloud providers.

Wandisco also noted that the deal was the third consecutive one with the mystery customer, after an initial commit-to-consume agreement worth $1.5m on 23 March and a follow-on order of $1.2m on 31 March, taking the cumulative total from the client to $14.3m.

Chief executive David Richards said: "This $11.6m order is the third successive agreement we have signed with this customer and represents our largest ever contract to date.

"The general availability of our product and its unique capability in moving data seamlessly, at scale to the cloud, gives us confidence that we will win more critical IoT migration contracts and take market share."

As of 0950 BST, Wandisco shares had shot up 12.19% to 301.80p.



Reporting by Iain Gilbert at Sharecast.com

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Cirata Market Data

Currency UK Pounds
Share Price 67.00p
Change Today 0.000p
% Change 0.00 %
52 Week High 1,310.00
52 Week Low 48.80
Volume 56,344
Shares Issued 114.96m
Market Cap £77.02m

Cirata Star Ratings

Compare performance with the sector and the market.
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Key: vs Market vs Sector
Value Not Available
Price Trend
69.49% below the market average69.49% below the market average69.49% below the market average69.49% below the market average69.49% below the market average
65.96% below the sector average65.96% below the sector average65.96% below the sector average65.96% below the sector average65.96% below the sector average
Income Not Available
Growth
25.25% below the market average25.25% below the market average25.25% below the market average25.25% below the market average25.25% below the market average
20.45% below the sector average20.45% below the sector average20.45% below the sector average20.45% below the sector average20.45% below the sector average

Cirata Dividends

No dividends found

Trades for 28-Mar-2024

Time Volume / Share Price
11:25 1,297 @ 65.24p
11:19 100 @ 65.20p
10:54 5,391 @ 67.00p
10:54 5,817 @ 66.80p
09:57 19,832 @ 66.00p

Cirata Key Personnel

CEO Stephen Kelly
CFO Ijoma Maluza

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