H1 Trading Update
Celebrus Technologies PLC reported that revenues for the first half of fiscal year 2026 are expected to be approximately $10.3 million, a decrease from $17.2 million in H1 FY25. Software revenues are anticipated to be around $7.8 million, down from $11.2 million. The adjusted loss before tax is expected to be approximately $1.4 million, contrasting with a profit of $1.0 million in the prior year. However, Celebrus's annual recurring revenue increased by 14.7% to $15.6 million, compared to $13.6 million as of March 31, 2025. The company's cash balance at the half-year end was $27.2 million, a decrease from $31.5 million on March 31, 2025, but an increase from $25.5 million on September 30, 2024.
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Celebrus Technologies plc (AIM: CLBS, "the Group", the "Company", "Celebrus"), the AIM-listed data solutions provider, provides the following trading update for the six months to 30 September 2025.
Despite the continued uncertain economic conditions, results1 are expected to be in line with management expectations, with revenues of approximately $10.3 million (H1 FY25: $17.2 million), and software revenues of approximately $7.8 million (H1 FY25: $11.2 million). The adjusted loss before tax2 is expected to be approximately $1.4 million (H1 FY25: profit of $1.0 million).
The lower revenues and adjusted loss before tax reflect the impact of the move to straight-line revenue recognition as a result of changes in the Group's contracts with customers, as detailed in the final results announcement in July 2025. Under those changes, the software license revenues from all Celebrus contracts entered into from 1 April 2025 are recognized on a monthly basis instead of being recognized annually up front in each year of a contract.
Celebrus annual recurring revenue ("Celebrus ARR"3) increased 14.7% during the first half to $15.6 million (31 March 2025: $13.6 million, 30 September 2024: $12.9 million).
The cash balance at the half year end was $27.2 million (31 March 2025: $31.5 million, 30 September 2024: $25.5 million). The Group remains debt free.
The Group will publish its half year results for the six months to 30 September 2025 on Tuesday 02 December 2025, and these will be presented later that day live via the Investor Meet Company platform. Further details will be announced in due course.
1 The trading performance reported in this statement is based on unaudited management accounts
2 Adjusted loss before tax is calculated before amortization of intangibles, foreign exchange gains/losses, share based payment charges and one-off reorganization costs.
3 'Celebrus ARR' is defined as the amount of revenue contracted at a point in time, derived from Celebrus software, that is expected to recur within the next twelve months. It excludes non-Celebrus managed services and third-party software license revenue.
| Enquiries Celebrus Technologies plc Bill Bruno, Chief Executive Officer Ash Mehta, Chief Financial Officer | +44 (0) 1932 893333 investors@celebrus.com |
| Cavendish (Nominated Adviser & Joint Broker) Julian Blunt, Edward Whiley, Elysia Bough, Corporate Finance Tim Redfern, Harriet Ward, Corporate Broking | +44 (0) 20 7220 0500 |
Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.