Cerillion
CER · AIM · Technology · mcap £204m · 682.0p
Cerillion sells billing, customer management and operations software (BSS/OSS) to telecom operators, mostly on multi-year contracts. It earns licence, subscription, maintenance and services revenue from customers worldwide.
Financials · LTM to 31 Mar 26
Source: results 01 Jun 26 ↗
- Revenue
- £42.5m
- Operating profit
- £16.8m
- Net income
- £13.7m
- Free cash flow
- £4.6m
- Net cash
- £32.5m
- Market cap
- £201m
- EV / EBIT
- 10.1×
- FCF yield
- +2.3%
- Price / book
- 3.3×
Latest half-year · H1 Mar 26 vs H1 Mar 25
results 01 Jun 26 ↗
- Revenue
- £18.0m −14%
- Operating profit
- £4.9m −44%
- Net income
- £4.1m −42%
- Cash from operations
- £1.7m −76%
Extracted automatically from the company's results announcements; check the source before relying on a figure. Not investment advice.
Latest report: H1 Mar 26 (six months to 31 Mar 26), published 01 Jun 26 · read the results ↗
£m unless stated · newest first · italic = calculated (LTM, H2 = FY − H1) · hover a value for its source
| LTM Mar 26 | FY Sep 25 | FY Sep 24 | FY Sep 23 | |
|---|---|---|---|---|
| Revenue | 42.5 | 45.4 | 43.8 | 39.2 |
| Gross profit | 33.8 | 37.0 | 35.2 | 30.8 |
| Adjusted EBITDA | 19.3 | 23.1 | 20.7 | 18.1 |
| Operating profit | 16.8 | 20.6 | 18.4 | 15.3 |
| Depreciation (owned assets) | 1.2 | 1.2 | – | 1.2 |
| Depreciation (right-of-use) | – | 0.8 | 0.7 | – |
| Amortisation | 1.3 | 1.2 | 1.1 | 1.4 |
| Share-based payments | (0.1) | (0.1) | (0.2) | (0.2) |
| Finance costs | (0.2) | (0.2) | (0.1) | (0.1) |
| Profit before tax | 17.9 | 21.7 | 19.7 | 16.1 |
| Tax | (4.2) | (5.1) | (4.4) | (3.2) |
| Net income (owners) | 13.7 | 16.6 | 15.3 | 12.9 |
| EPS basic | 4,640.0p | 5,630.0p | 51.7p | 43.8p |
| EPS diluted | 4,630.0p | 5,620.0p | 51.5p | 43.7p |
| Dividend per share | 16.1p | 15.4p | 13.2p | – |
| H1 Mar 26 | vs H1 Mar 25 | H2 Sep 25 | H1 Mar 25 | H2 Sep 24 | H1 Mar 24 | H2 Sep 23 | |
|---|---|---|---|---|---|---|---|
| Revenue | 18.0 | −14% | 24.4 | 20.9 | 21.2 | 22.5 | 18.7 |
| Gross profit | 13.7 | −19% | 20.1 | 16.9 | 17.1 | 18.1 | 14.1 |
| Adjusted EBITDA | 6.2 | −38% | 13.1 | 10.0 | 9.7 | 11.0 | 8.1 |
| EBITDA | – | – | – | – | – | 10.9 | – |
| Operating profit | 4.9 | −44% | 11.9 | 8.7 | 8.6 | 9.9 | 7.0 |
| Depreciation (owned assets) | 0.6 | −9% | 0.6 | 0.7 | – | 0.6 | 0.6 |
| Amortisation | 0.7 | +22% | 0.6 | 0.6 | 0.5 | 0.5 | 0.4 |
| Share-based payments | (0.0) | n/m | (0.0) | (0.0) | (0.1) | (0.1) | (0.1) |
| Finance costs | (0.1) | n/m | (0.1) | (0.1) | (0.1) | (0.0) | (0.1) |
| Profit before tax | 5.5 | −41% | 12.4 | 9.3 | 9.3 | 10.4 | 7.5 |
| Tax | (1.3) | −40% | (2.9) | (2.2) | (2.1) | (2.4) | (1.5) |
| Net income (owners) | 4.1 | −42% | 9.6 | 7.0 | 7.2 | 8.1 | 6.0 |
| EPS basic | 1,390.0p | – | 3,250.0p | 2,380.0p | 24.4p | 27.3p | 20.3p |
| EPS diluted | 1,390.0p | – | 3,240.0p | 2,380.0p | 24.3p | 27.2p | 20.3p |
| Dividend per share | 5.5p | – | 10.6p | 4.8p | 9.2p | 4.0p | – |
| LTM Mar 26 | FY Sep 25 | FY Sep 24 | FY Sep 23 | |
|---|---|---|---|---|
| Cash from operations | 7.8 | 13.2 | 11.2 | 9.8 |
| Interest paid | – | (0.2) | (0.1) | – |
| Tax paid | (5.2) | (4.9) | (4.3) | (3.0) |
| Capex (PP&E) | (0.5) | (0.4) | (0.2) | (0.3) |
| Capex (intangibles) | (1.8) | (1.9) | (1.3) | (1.1) |
| Lease principal paid | (0.9) | (0.9) | (0.9) | (0.9) |
| Dividends paid | (4.5) | (4.1) | (3.5) | (2.9) |
| Share buybacks | (0.2) | (1.4) | (0.4) | – |
| Shares issued | – | 0.1 | 0.3 | – |
| H1 Mar 26 | vs H1 Mar 25 | H2 Sep 25 | H1 Mar 25 | H2 Sep 24 | H1 Mar 24 | H2 Sep 23 | |
|---|---|---|---|---|---|---|---|
| Cash from operations | 1.7 | −76% | 6.2 | 7.0 | 5.9 | 5.3 | 3.2 |
| Tax paid | (2.8) | +12% | (2.4) | (2.5) | (2.1) | (2.2) | (1.6) |
| Capex (PP&E) | (0.3) | +25% | (0.2) | (0.2) | (0.2) | (0.0) | (0.1) |
| Capex (intangibles) | (0.8) | −8% | (0.9) | (0.9) | (0.7) | (0.6) | (0.6) |
| Lease principal paid | (0.5) | −1% | (0.5) | (0.5) | (0.5) | (0.4) | (0.4) |
| Dividends paid | (3.1) | +15% | (1.4) | (2.7) | (1.2) | (2.4) | (1.0) |
| Share buybacks | (0.2) | −83% | 0.0 | (1.4) | (0.3) | (0.0) | – |
| Shares issued | – | – | – | – | 0.3 | 0.0 | – |
| Latest Mar 26 | FY Sep 25 | FY Sep 24 | FY Sep 23 | |
|---|---|---|---|---|
| Goodwill | 2.1 | 2.1 | 2.1 | 2.1 |
| Other intangibles | 3.5 | 3.3 | 2.6 | 2.4 |
| Property, plant & equipment | 0.7 | 0.6 | 0.5 | 0.8 |
| Trade receivables | – | 18.6 | 17.5 | – |
| Cash | 32.5 | 34.4 | 29.9 | 24.7 |
| Current assets | – | 53.0 | 47.4 | – |
| Total assets | 75.9 | 75.3 | 63.1 | 52.8 |
| Trade payables | – | 10.2 | 10.4 | – |
| Lease liabilities, current | 0.9 | 0.9 | 0.9 | 1.0 |
| Current liabilities | – | 11.9 | 11.3 | – |
| Lease liabilities, non-current | 1.9 | 2.4 | 1.9 | 2.2 |
| Total liabilities | 15.3 | 15.7 | 14.6 | – |
| Total equity | 60.6 | 59.6 | 48.5 | 36.9 |
| Net cash / (debt) ex leases | 32.5 | 34.4 | 29.9 | – |
| Treasury shares | – | -0.7m | 0.0m | – |
| Order book | 82.1 | 56.9 | 46.9 | – |
| H1 Mar 26 | H2 Sep 25 | H1 Mar 25 | H2 Sep 24 | H1 Mar 24 | H2 Sep 23 | |
|---|---|---|---|---|---|---|
| Goodwill | 2.1 | 2.1 | 2.1 | 2.1 | 2.1 | 2.1 |
| Other intangibles | 3.5 | 3.3 | 3.0 | 2.6 | 2.4 | 2.4 |
| Property, plant & equipment | 0.7 | 0.6 | 0.6 | 0.5 | 0.6 | 0.8 |
| Trade receivables | – | 18.6 | – | 17.5 | – | – |
| Cash | 32.5 | 34.4 | 31.2 | 29.9 | 26.6 | 24.7 |
| Current assets | – | 53.0 | – | 47.4 | – | – |
| Total assets | 75.9 | 75.3 | 67.5 | 63.1 | 59.6 | 52.8 |
| Trade payables | – | 10.2 | – | 10.4 | – | – |
| Lease liabilities, current | 0.9 | 0.9 | 1.0 | 0.9 | 0.8 | 1.0 |
| Current liabilities | – | 11.9 | – | 11.3 | – | – |
| Lease liabilities, non-current | 1.9 | 2.4 | 2.8 | 1.9 | 1.9 | 2.2 |
| Total liabilities | 15.3 | 15.7 | 15.9 | 14.6 | – | – |
| Total equity | 60.6 | 59.6 | 51.6 | 48.5 | 42.5 | 36.9 |
| Net cash / (debt) ex leases | 32.5 | 34.4 | 31.2 | 29.9 | 26.6 | – |
| Treasury shares | – | -0.7m | – | 0.0m | – | – |
| Order book | 82.1 | 56.9 | 50.2 | 46.9 | 47.1 | – |
Line items extracted automatically from each results announcement; when a later report restates a period, the later figure is shown. LTM and H2 are calculated from reported periods. Check the source before relying on a figure.
Company filings. Not investment advice.