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Cerillion plc provided a half-year trading update for the six months ending 30 September 2025, reporting expected revenue of c. £20.9m (H1 2024: £22.5m) and adjusted EBITDA of c. £10.0m (H1 2024: £11.0m). Net cash at 31 March 2025 increased to approximately £31.0m (31 March 2024: £26.6m). The company also noted a $11.4m contract win in January and a £5.4m term renewal in March, with interim results expected around mid-May.
| Date | 14 Apr 2025 |
| Time | 07:00:04 |
| Category | Trading updates |
| ID | 7799E |
AIM: CER
Cerillion plc
("Cerillion" or the "Company")
Half-year Trading Update
Cerillion plc, the billing, charging and customer relationship management software solutions provider, is pleased to announce an update on trading for the first six months of its current financial year ending 30 September 2025.
Revenue is expected to be c. £20.9m (H1 2024: £22.5m), with the difference reflecting the anticipated higher weighting of software licence renewals/extensions to the second half of FY 2025, compared to FY 2024 when the majority of renewals/extensions occurred in the first half. Adjusted EBITDA is expected to be c.£10.0m (H1 2024: £11.0m). Net cash at 31 March 2025 has increased to approximately £31.0m (31 March 2024: £26.6m), further strengthening the Company's balance sheet. Cerillion's new customer pipeline remains very strong and a little ahead of last year's record level.
The Company remains very well-placed to meet market expectations for the current financial year and beyond. This is supported by a number of factors, including January's major new contract win worth $11.4m, a term renewal worth £5.4m agreed in March with a major European customer, as well as another significant European customer recently confirming its intention to use Cerillion's BSS/OSS software as the platform to support a substantial, tier-1 customer base it recently acquired in its home market. This major migration programme is expected to benefit revenues in both the current and next financial year.
The Board expects to announce interim results around mid-May when it will also provide a further update on current trading.
Enquiries:
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Cerillion plc |
c/o KTZ Communications |
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Louis Hall, CEO |
T: 020 3178 6378 |
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Andrew Dickson, CFO |
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Panmure Liberum Limited (Nomad and Joint Broker) |
T: 020 3100 2000 |
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Bidhi Bhoma, Edward Mansfield, Freddie Wooding |
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Singer Capital Markets (Joint Broker) |
T: 020 7496 3000 |
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Rick Thompson, James Fischer |
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KTZ Communications |
T: 020 3178 6378 |
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Katie Tzouliadis, Robert Morton |
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About Cerillion
www.cerillion.com
Cerillion has a 25-year track record in providing mission-critical software for billing, charging and customer relationship management ("CRM"), mainly to the telecommunications sector but also to other markets, including utilities and financial services. The Company has c. 80 customer installations across c. 45 countries.
Headquartered in London, Cerillion also has operations in India and Bulgaria as well as a sales presence in the USA, Singapore and Australia.
The business was originally part of Logica plc before its management buyout, led by CEO, Louis Hall, in 1999. The Company joined AIM in March 2016.