Celebrus Technologies (CLBS)

Sector:

IT Services

Index:

FTSE AIM All-Share

 170.50p
   
  • Change Today:
      0.000p
  • 52 Week High: 316.00p
  • 52 Week Low: 142.50p
  • Currency: UK Pounds
  • Shares Issued: 39.56m
  • Volume: 26,012
  • Market Cap: £67.45m
  • Beta: 0.00

Canaccord Genuity reiterates 'buy' rating on Celebrus

By Iain Gilbert

Date: Monday 27 Nov 2023

LONDON (ShareCast) - (Sharecast News) - Analysts at Canaccord Genuity reiterated their 'buy' rating and 330.0p target price on software and services firm Celebrus Technologies on Monday, stating the firm's interim results had provided "additional colour" with some "encouraging takeaways" for investors.
Canaccord Genuity said Celebrus' October update already suggested "a more balanced" revenue weighting this year, with the successful conversion of larger deals driving 60% year-on-year sales growth to £13.0m and a small H1 pre-tax profit.

The Canadian bank said the £13.0m in sales delivered in 1H made up roughly 40% of its full-year forecasts, which was "well ahead" of the 30% historic average. With the small pre-tax profits generated in the half also being above the typical "modest loss" in the period, the analysts noted that these results "somewhat de-risk" the back-half weighted H2 seasonality this year.

"We leave our forecasts unchanged which continue to expect operating leverage to drive 100-200bps annual adj. EBIT margin expansion from here, leading to an expected "sector top quartile" 24% FY23-26E EPS CAGR. The shares' current 14.7x cal. 2024E P/E and 1.6x EV/Sales multiples in our view significantly undervalue this 'best of breed' first-party customer data collection & integration platform with a blue chip customer base," said Canaccord.











Reporting by Iain Gilbert at Sharecast.com

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

 

CLBS Market Data

Currency UK Pounds
Share Price 170.50p
Change Today 0.000p
% Change 0.00 %
52 Week High 316.00p
52 Week Low 142.50p
Volume 26,012
Shares Issued 39.56m
Market Cap £67.45m
Beta 0.00

CLBS Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
46.43% below the market average46.43% below the market average46.43% below the market average46.43% below the market average46.43% below the market average
1.30% above the sector average1.30% above the sector average1.30% above the sector average1.30% above the sector average1.30% above the sector average
Price Trend
65.15% below the market average65.15% below the market average65.15% below the market average65.15% below the market average65.15% below the market average
40.74% below the sector average40.74% below the sector average40.74% below the sector average40.74% below the sector average40.74% below the sector average
Income
22.35% above the market average22.35% above the market average22.35% above the market average22.35% above the market average22.35% above the market average
30.77% above the sector average30.77% above the sector average30.77% above the sector average30.77% above the sector average30.77% above the sector average
Growth
70.05% above the market average70.05% above the market average70.05% above the market average70.05% above the market average70.05% above the market average
68.00% above the sector average68.00% above the sector average68.00% above the sector average68.00% above the sector average68.00% above the sector average

CLBS Dividends

  Latest Previous
  Final Interim
Ex-Div 24-Jul-25 12-Dec-24
Paid 26-Aug-25 17-Jan-25
Amount 2.32p 0.95p

Trades for 20-Aug-2025

Time Volume / Share Price
16:29 631 @ 174.00p
16:08 1,810 @ 169.00p
14:52 869 @ 174.00p
14:46 690 @ 174.00p
14:42 889 @ 174.00p

CLBS Key Personnel

CEO Bill Bruno
CFO Ashoni (Ash) Kumar Mehta

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