Contract wins

RNS Number : 3110U

D4T4 Solutions PLC

01 April 2021

 

1 April 2021

D4t4 Solutions Plc

New Contract Wins and FY21 trading update

D4t4 Solutions Plc (AIM:D4t4, "the Group" or "D4t4"), the AIM-listed data solutions provider, announces six new contract wins in key vertical sectors for the Group's Celebrus family of products, which will add a total of c. £3.0 million to revenue in the financial year to 31 March 2021. These wins bear out the confidence placed in the strength of the pipeline of business opportunities carried into the second half of the year. This will result in the Group reporting results comfortably ahead of current market expectations for the year ended 31 March 2021 at the adjusted PBT* level and provide a healthy year-end increase to the Group's ARR** run rate as it begins FY22.

Newly won contracts comprise:

Celebrus customer data management (CDM)

· A significant multi year contract extension  with a major US financial services organisation using the Celebrus CDM platform

Celebrus customer data platform (CDP)

· A new business win for Celebrus CDP software with a top five Taiwanese insurance provider

·     A significant multi-year, fully managed, contract extension with an existing customer, a UK top five online retailer, for  Celebrus CDP software

· A new multi-year contract business win with a top five middle eastern telecommunications company for  Celebrus CDP software

· An additional region for an existing top ten global retail banking customer for Celebrus CDP software

· An extension to an existing contract with a global automotive manufacturer for Celebrus CDP software

A more detailed trading update will be provided in late April 2021.

Commenting on these developments, Peter Kear, CEO of D4t4 Solutions, said:

"We are delighted with these contract successes which add c£3.0million to revenue for the financial year to 31 March 2021. These wins once again demonstrate the value proposition of D4t4's Celebrus software and will result in the Group being able to report adjusted PBT comfortably ahead of market expectations for the year to 31 March 2021 and will provide valuable annual recurring revenue (ARR) momentum as we head into the new financial year."

Footnotes:

* The Board believes that consensus market expectations for 2021 prior to this announcement, were as follows: Revenue: £21.8m; Adjusted PBT £3.1m.  Adjusted profit before tax is calculated before amortisation of intangibles, one-off reorganisation costs, foreign exchange gains/(losses) and share based payment charges.

** ARR (Annual Recurring Revenue) is the amount of revenue at a point in time that is expected to recur within the next twelve months.

The information communicated in this announcement contains inside information for the purposes of Article 7 of the Market Abuse Regulation (EU) No. 596/2014 , as retained and applicable in the UK pursuant to S3 of the European Union (Withdrawal) Act 2018 ("MAR").

www.d4t4solutions.com

Enquiries

D4t4 Solutions Plc Peter Kear, Chief Executive Officer Charles Irvine, Chief Financial Officer	[phone] [e-mail]
finnCap (Nominated Adviser & Joint Broker) Julian Blunt / Emily Watts, Corporate Finance Alice Lane, ECM	[phone]
Canaccord Genuity (Joint Broker) Simon Bridges / Andrew Potts	[phone]
Instinctif Partners Kay Larsen / Rozi Morris / Hannah Campbell	[phone] [e-mail]

About D4t4 Solutions plc

D4t4 Solutions plc (www.d4t4solutions.com) provides data solutions through its Celebrus suite of products and services, which is comprised of two distinct complementary offerings - its proprietary Customer Data Platform (CDP) and Customer Data Management (CDM) solution. The Celebrus family of products offer data capture, data migration, data synchronization, data management and data monitoring.

Celebrus CDP is an enterprise software product which captures customer behaviour in real time across digital channels to enable a range of applications including customer analytics, personalised marketing, risk, fraud detection and compliance.

Celebrus CDM is an integrated platform that automates the ingestion, integration, transformation, and delivery of customer data from streaming, persisted or historical sources, whether as an appliance on-premises or in the cloud, to deliver real-time, unified, and trusted multidimensional views of customer data for personalisation, risk, fraud, analytics, and recommendation applications.

The Group has offices in the UK, USA and India with employees across the UK, US, Europe and India.  D4t4's blue chip global customers are largely within the financial services, retail and consumer sectors.

Celebrus is fully compliant with all major data privacy regulations and the Group is accredited to ISO27001: Information Security Management.

 

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