Celebrus Technologies

CLBS · AIM · Technology · mcap £20m · 52.0p

Celebrus sells software that captures customer behaviour data from websites and apps and feeds it to marketing and analytics systems, mainly to banks, retailers and other large enterprises. Revenue comes from licences, cloud services and support, plus some resold third-party software.

Target	Promise	Said	Status
2024
FY24 (March 2024)	Deliver FY24 results in line with market expectations and continue ARR growth	30 Oct 2023	✓ Kept
	“achieving full year market expectations and continuing to drive growth in ARR” Also stated 27 Nov 2023 · 8 Jan 2024 Result FY24 revenue £32.6m, adjusted PBT £6.0m and ARR £20.2m (up 20.9%), reported in line with expectations. 9 Jul 2024 · Final Results
6 May 2024	Hold shares repurchased under the 2023 buyback in treasury for employee share schemes	6 Nov 2023	✓ Kept
	“The Company intends to hold all ordinary shares so purchased in treasury for the purpose of satisfying future obligations in relation to its employees' or other share schemes.” Result Treasury holdings reported rising to 993,209 shares by May 2024, with shares later transferred out for employee option exercises. “with 993,209 Ordinary Shares held in treasury”21 May 2024 · Exercise of Share Options and TVR
2025
FY25 (March 2025)	Deliver FY25 in line with management expectations and keep growing ARR	25 Oct 2024	✗ Missed · target changed
	“Year to date progress on growing the pipeline and the high visibility of opportunities expected to close in the second half underpin the Board's confidence in achieving full year expectations and our target of continuing to drive the ongoing growth in ARR” Also stated 3 Dec 2024 Result April 2025 update: FY25 revenue $38.6m below expectations (adjusted profit ahead); ARR restated to $18.8m under a new definition. “Having been restated using the methodology outlined above, annual recurring revenue ("ARR") ended the year up 13.9% at $18.8 million (31 March 2024 restated: $16.5 million).”22 Apr 2025 · Trading Update and Accounting Policy Review
2026
FY26	Recognise software licence revenue monthly over contract term from FY26	22 Apr 2025	✓ Kept
	“Now, beginning with FY26, we will recognize the software license revenue monthly over the term.” Also stated 15 Jul 2025 Result H1 FY26 revenue fell to $10.3m from $17.2m due to the straight-line recognition change; FY26 revenue $23.6m. “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.”21 Oct 2025 · H1 Trading Update
FY26 (March 2026)	Group to trade in line with expectations for FY26	2 Dec 2025	✓ Kept
	“the Board remains comfortable that the Group continues to trade in line with its expectations” Result April 2026 update: FY26 revenue $23.3m broadly in line, slightly ahead of expectations; July results showed new business falling short. “Full year revenues for FY26 are expected to be approximately $23.3 million, broadly in line with expectations”9 Apr 2026 · Trading Update
Today · 12 Oct 2026
2027
FY27 (March 2027)	Convert retention and pipeline into ARR growth in FY27 and show clear improvement in operating results	9 Apr 2026	✗ Missed · target changed
	“We expect the foundations we've laid in the product and our go-to-market approach to show clearly in our operating FY27 results” Also stated 14 Jul 2026 Result October 2026: FY27 guidance cut to revenue $20.0-20.5m and adjusted loss $2.8-3.0m; ARR slipped to $14.7m from $15.0m. “Celebrus annual recurring revenue (”6 Oct 2026 · Half Year Trading Update “adjusted loss before tax is expected to be between $2.8 million and $3.0 million (FY26: profit of $0.2 million)”6 Oct 2026 · Half Year Trading Update
FY27 (March 2027)	Improve lead generation, deal closing and service delivery in H2 FY27; revenue $20.0-20.5m, adjusted loss $2.8-3.0m	6 Oct 2026	… In progress
	“Our focus is on executing to prove that to the market in the second half.” Status so far Not yet due.