Cerillion PLC
LSE:CER

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Cerillion PLC
LSE:CER
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Price: 1 295.9 GBX 0.46%
Market Cap: 382.3m GBX

Cerillion PLC
Investor Relations

Cerillion Plc engages in the supply and development of telecommunication software solutions and equipment. The firm is a supplier and developer of telecommunication software solutions and equipment. The Company’s business segments include Services, Software, Software-as-a-Service and Third Party. The Services segment provides services to customers on new implementation projects and enhancements. The Software segment supports and provides maintenance for the software, as well as the licenses to use the software. The Software-as-a-Service segment offers monthly subscriptions for a managed service and products on a pay as you go service. The Third Party segment offers third-party services or licenses and includes re-billable expenses and pass through of selling on hardware.

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CER
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Last Earnings Call
Fiscal Period
Q4 2023
Call Date
Nov 24, 2023
AI Summary
Q4 2023

Revenue Growth: Cerillion delivered 20% revenue growth in FY23, continuing a trend of accelerating top-line expansion driven by success with larger telco customers.

Profitability: Adjusted EBITDA rose 32% and adjusted pre-tax profit increased 41%, outpacing revenue growth due to higher license revenue and strong operating leverage.

Margins: Gross margin hit 78.6% and EBITDA margin reached 46.2%, benefiting from a greater software and license revenue mix.

Order Book and Pipeline: The backlog reached a new record of GBP 52.5 million after a major new Tier 1 contract, positioning the company well for FY24.

Existing Customer Strength: Sales to existing customers surged 85% to nearly GBP 31 million, highlighting strong repeat demand.

Cash Position and Dividend: Net cash climbed 22% to GBP 24.7 million, supporting a total dividend of 11.3p per share.

Guidance Coverage: Management expects 70–75% of FY24 revenue is already covered by backlog and renewals, providing high visibility.

Key Financials
Revenue
GBP 39.2 million
Gross Margin
78.6%
Adjusted EBITDA Margin
46.2%
Net Cash
GBP 24.7 million
Order Backlog
GBP 52.5 million
Dividend per Share
11.3p
Sales to Existing Customers
GBP 31 million
Tax Rate
19.7%
Earnings Call Recording
Other Earnings Calls
2023

Management

Mr. Louis Tancred Hall
Founder, CEO & Executive Director
No Bio Available
Mr. Andrew Richard Dickson F.C.A.
CFO, Company Secretary & Executive Director
No Bio Available
Mr. Mark Nicholls
Chief Operating Officer
No Bio Available
Mr. Dominic Smith
Marketing Director
No Bio Available
Mr. Alistair Carwardine
Senior Vice President of Asia Pacific
No Bio Available
Jordan Crabb
Group Financial Controller
No Bio Available

Contacts

Address
London
25 Bedford Street
Contacts