REG - Silver Bullet Data - Q1 2025 Update & New Business Wins

Silver Bullet Data ServicesAnnouncement

08/05/2025 07:01

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RNS Number : 7820H  Silver Bullet Data Services Grp PLC  08 May 2025

8 May 2025

 

Silver Bullet Data Services Group plc

("Silverbullet", the "Company" or, together with its subsidiaries, the
"Group")

 

Q1 2025 Update & New Business Wins

 

Silverbullet, a provider of AI driven digital transformation services and
products, is pleased to provide an update for the quarter ended 31 March 2025.

 

The Group is pleased to report that its revenues in Q1 2025 were 15 per cent.
higher than the prior comparable period, at £2.31m (unaudited) versus £2.1m,
demonstrating a strong start to the year in what is typically one of the
slowest quarters in the calendar.

 

 The Group is also pleased to announce that it has been awarded a significant
new contract with a well-known global retail brand, worth a minimum of US$1.5
million over two years, to provide a full data management and integration
programme. Under this engagement, Silverbullet will fulfil a strategic data
transformation role to develop a digital customer management and activation
programme aimed at driving customer growth, including data driven activities
through 4D AI and Codec as the programme is rolled out.

 

Furthermore, the Group has also signed two new contracts with global brands in
the beverage and FMCG sectors to implement new programmes using Silverbullet's
4D AI for digital advertising targeting, following its integration into the
clients' preferred global Demand Side Platform of choice, The Trade Desk.
These contracts give the Board further confidence in the trajectory of growth
for its higher-margin 4D AI data revenues, which have grown by 59% versus Q1
2024.

 

Taken together, these new contract wins contribute to committed services
revenues in FY 2025, representing approximately 74% of the full-year revenue
target, demonstrating the Company's strong progress and ability to attract and
retain high-profile clients.

 

Ian James, CEO of Silverbullet, said:

"We are delighted to be awarded new prestigious contracts and a strong start
to the year which highlight our continued global growth and international
footprint. This continued demand for our products and services provides us
with significant confidence for our full year revenue targets and our
continued focus on driving high margin data driven revenues from our
proprietary AI driven platforms."

 

 

For further information please contact:

 Silverbullet                                               via IFC
 Ian James (CEO) / Chris Ellis (CFO)

 Strand Hanson Limited - Financial and Nominated Adviser    0207 409 3494
 James Spinney / James Bellman / Robert Collins

 Zeus Capital Limited - Joint Broker                        0203 829 5000
 Simon Johnson / Jake Walker
 CMC Markets - Joint Broker                                 0203 003 8632
 Douglas Crippen

 IFC Advisory                                               020 3934 6630
 Graham Herring / Tim Metcalfe / Florence Staton            07793 839 024

 

 

About Silverbullet

Silverbullet's proprietary 4D AI advertising solution is designed to help
advertisers target consumers in a "privacy-first world". The product is a
natural extension to its existing services business which already serves a
blue-chip client base such as a leading UK hospitality brand and a Global
Brewing company, amongst many others.

 

Headquartered in London, the Group employs 85+ data specialists across five
regions across the globe, including, the UK, Italy, Australia, USA and Latin
America. The Group continues to look at other opportunities for expansion
worldwide.

 

The Company has an established and growing solutions business with significant
accumulated industry experience and a proven track record of delivering
strategic digital transformation and activation services to its clients. The
majority of the Board have held senior positions at global software companies
and have significant industry experience across data engineering, SAAS product
development and marketing.

 

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