REG - Celebrus Tech - Trading Update

Celebrus TechnologiesAnnouncement

Yesterday 07:00

For best results when printing this announcement, please click on link below:
https://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20260409:nRSI7112Za&default-theme=true

RNS Number : 7112Z  Celebrus Technologies PLC  09 April 2026

09 April 2026

 

 

Celebrus Technologies plc

 

Trading update

 

Celebrus Technologies plc (AIM: CLBS, the "Group", "Celebrus"), the AIM-listed
data solutions provider, provides the following trading update for the year to
31 March 2026 ("FY26").

From 1 April 2025, the Group introduced a number of changes to its commercial
contractual arrangements with customers which impact accounting for contracts
including the definition of cost of sales, the segmentation of revenue type
and the move to straight line revenue recognition of future license revenues.

Full year revenues for FY26 are expected to be approximately $23.3 million,
broadly in line with expectations(2) (FY25: $38.7 million), and at the pre-tax
level we expect an adjusted loss before tax(3) of approximately $0.2 million
(FY25: profit of $8.7 million), slightly ahead of expectations and reflecting
careful cost control through the second half.

Total revenues include software revenues of $20.0m (FY25: $30.3 million). The
reduction results from the changes in the Group's contracts with customers, as
detailed in the final results announcement in July 2025 and mentioned above,
rather than from any reduction in underlying activity.  Within total software
revenues, Celebrus Software revenue accounted for $9.4 million (FY25: $13.3
million).

Celebrus ARR is expected to be $15.0 million (FY25: $13.6 million), an
increase in the year of 10.3%. From an existing customer perspective, FY26 had
a Net Revenue Retention of 97.6% through securing renewals across the
business, along with some uplifts. Two existing banking customers, however,
reduced their banking footprint through divestitures, which meant a reduction
in the Celebrus software fees during those renewals. New business, via direct
and partners, underdelivered against our expectations. Several deals at
contractual stage in Q4 were lost or further delayed, which ultimately brings
us to the Celebrus ARR for the year as outlined.

The year-end cash balance was $32.0 million (FY25: $31.5 million), and the
Group remains debt-free.

Outlook

Looking ahead to FY27 (the year ending 31 March 2027), the Group is focused on
optimizing our approach in the market and improving consistency in new
business generation. Our investment into Customer Success gives us confidence
in our ability to retain customers, but we are faced with the challenge of
building better consistency for winning new logos and have made several
changes to support this.  Our pipeline remains strong and we have started
FY27 with a good influx of new leads.

The Group will publish its full year results on 14 July 2026.

( )

( 1) The trading performance reported in this statement is based on unaudited
management accounts

(2) For the purpose of this announcement, the Group believes market consensus
for FY26 to be revenue of $24.1 million, and adjusted loss before tax of $0.3
million.

(3) Adjusted profit before tax is calculated before amortization of
intangibles, foreign exchange gains/losses, share based payment charges and
one-off reorganization costs.

 

Bill Bruno, Chief Executive Officer commented:

 

"FY26 was a year comprised of a mix of both success and failure as a business.
We continued to prove our ability to retain and grow our existing customers,
and thus the stickiness of our software, but struggled with building
consistency in securing new logos to add to the mix.

 

The start of FY26 had some key wins, but the end of the year saw several
prospective deals, that were fully negotiated, being lost or suffering delays
for various reasons. We have made adjustments to the business based upon our
learnings from FY26. The team is focused on winning and is hungry to deliver
better ARR growth in FY27."

 

 

 

Inside Information: This announcement contains inside information for the
purposes of article 7 of the Market Abuse Regulation (EU) 596/2014 as it forms
part of domestic law by virtue of the European Union (Withdrawal) Act 2018.
Upon the publication of this announcement via Regulatory Information Service,
this inside information is now considered to be in the public domain.

 

 Enquiries

 Celebrus Technologies plc                                        +44 (0) 1932 893333

 Bill Bruno, Chief Executive Officer                              investors@celebrus.com (mailto:investors@celebrus.com)

 Ash Mehta, Chief Financial Officer

 Cavendish (Nominated Adviser & Joint Broker)                     +44 (0) 20 7220 0500

 Julian Blunt / Edward Whiley / Elysia Bough, Corporate Finance

 Harriet Ward, Corporate Broking

 

About Celebrus Technologies plc

 

Celebrus sets the gold standard globally for improving marketing effectiveness
and preventing fraud across all industries. We are laser-focused on improving
the relationships between brands and consumers via better data. This means
innovating better ways to manage digital identity and know your consumers,
even when they are not logged in. Celebrus provides frictionless data capture
across all digital channels and devices, ensures compliance by design, and
ultimately makes digital data instantly usable wherever required. We thrive on
solving complex digital data challenges to help businesses succeed.

 

Celebrus Technologies Plc is a global business operating in over 30 countries
today. We are quoted on the AIM Market of The London Stock Exchange (CLBS).

 

For more information, please see www.celebrus.com (http://www.celebrus.com) .

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact
rns@lseg.com (mailto:rns@lseg.com)
 or visit
www.rns.com (http://www.rns.com/)
.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our
Privacy Policy (https://www.lseg.com/privacy-and-cookie-policy)
.   END  TSTMZGGDNRVGVZM



            Copyright 2019 Regulatory News Service, all rights reserved