D4T4 Solutions (D4T4)

Sector:

IT Services

Index:

FTSE AIM All-Share

 265.00p
   
  • Change Today:
      0.000p
  • 52 Week High: 400.00
  • 52 Week Low: 230.00
  • Currency: UK Pounds
  • Shares Issued: 40.19m
  • Volume: 1,280
  • Market Cap: £106.50m

D4T4 Solutions announces multi-year contract wins

By Josh White

Date: Wednesday 22 Dec 2021

LONDON (ShareCast) - (Sharecast News) - Data technology company D4T4 Solutions announced multi-year contract wins on Wednesday, which it said would contribute "significant revenue" to current-year results, and increase its key annual recurring revenue metric.
The AIM-traded firm said the wins included a multi-year contract extension and upsell to a US-based global top 10 financial services company, which was an existing Celebrus Customer Data Management (CDM) client.

It involved the new sale of both the Celebrus Customer Data Platform (CDP) and Celebrus Fraud Data Platform (FDP) products, representing the first sale of the group's FDP product.

The company said the commitment deepened the relationship with the "key" 1financial sector customer "significantly".

Additionally, a Europe-based global top 10 banking sector customer for Celebrus CDP renewed its licence and converted to a multi-year annual recurring revenue model.

The company said the client's decision was driven by the new features available in recent releases of the CDP product around identity and data activation.

Its board said the multi-year contract wins added more than £3m per annum to the group's annual recurring revenue, as well as over £9m to the current year's revenues.

Along with existing contracted second half annual recurring revenue and continued visibility of the pipeline for the rest of the financial year, the company said the new wins underpinned its confidence in achieving board expectations for the full year.

As it said in its half-year results on 1 December, customer and new partner responses to the June launch of the group's Celebrus FDP were "very positive", with a number of current customers and new prospects continuing their assessment and testing.

"These customer successes support our confidence that we will meet board expectations for the current year, and that we will also show a healthy uplift in annual recurring revenue for the year," said chief executive officer Bill Bruno.

"I'm proud of our team for securing the first sale of the Celebrus FDP that launched in June this year along with a significant new Celebrus CDP licence.

"This is a key first milestone and we continue to see the pipeline for and interest in our fraud capabilities grow in a space that is becoming increasingly important to our customers."

At 1539 GMT, shares in D4T4 Solutions were up 11.17% at 316.83p.

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D4T4 Solutions Market Data

Currency UK Pounds
Share Price 265.00p
Change Today 0.000p
% Change 0.00 %
52 Week High 400.00
52 Week Low 230.00
Volume 1,280
Shares Issued 40.19m
Market Cap £106.50m

D4T4 Solutions Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value Not Available
Price Trend
15.16% below the market average15.16% below the market average15.16% below the market average15.16% below the market average15.16% below the market average
2.75% above the sector average2.75% above the sector average2.75% above the sector average2.75% above the sector average2.75% above the sector average
Income Not Available
Growth
63.48% below the market average63.48% below the market average63.48% below the market average63.48% below the market average63.48% below the market average
86% below the sector average86% below the sector average86% below the sector average86% below the sector average86% below the sector average

What The Brokers Say

Strong Buy 1
Buy 0
Neutral 0
Sell 0
Strong Sell 0
Total 1
strong_buy
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D4T4 Solutions Dividends

  Latest Previous
  Interim Final
Ex-Div 09-Dec-21 12-Aug-21
Paid 10-Jan-22 17-Sep-21
Amount 0.85p 2.00p

Trades for 19-May-2022

Time Volume / Share Price
13:23 1,280 @ 264.47p

D4T4 Solutions Key Personnel

CEO Bill Bruno
CFO Ashoni (Ash) Kumar Mehta

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