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D4t4 Solutions Plc announced on 09 August 2023 a contract win with an existing banking customer. This contract was one of two previously expected to close in FY23 and includes a high proportion of low margin hardware, expected to be substantially delivered in the first half of FY24. The contract win accounts for a large proportion of the revenue shortfall from FY23.
| Date | 9 Aug 2023 |
| Time | 07:00:04 |
| Category | Miscellaneous |
| ID | 7193I |
09 August 2023
D4t4 Solutions Plc
AGM trading update and Contract win
D4t4 Solutions Plc (AIM: D4t4, "the Group", the "Company", "D4t4"), the AIM-listed data solutions provider, is pleased to announce a contract win with an existing banking customer.
The contract was one of the two contracts previously mentioned which were expected to have closed in FY23, and includes a high proportion of low margin hardware which is expected to be substantially delivered in the first half of FY24. This contract win accounts for a large proportion of the revenue shortfall from FY23.
At the Company's AGM at 9am this morning, the Chairman will confirm the Group has a strong pipeline and is highly confident in the Group's strategy to deliver growth and create significant shareholder value in the coming years.
Enquiries
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D4t4 Solutions Plc
Bill Bruno, Chief Executive Officer Ash Mehta, Chief Financial Officer
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+44 (0) 1932 893333
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finnCap (Nominated Adviser & Joint Broker) Julian Blunt / Edward Whiley, Corporate Finance Charlotte Sutcliffe, Corporate Broking
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+44 (0) 20 7220 0500 |
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Canaccord Genuity (Joint Broker) Simon Bridges / Andrew Potts
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+44 (0) 20 7523 8000 |
About D4t4 Solutions plc
D4t4 Solutions plc (AIM: D4t4) was founded around a passion for helping brands improve their relationships with their consumers via better data.
Supporting customers in financial services, retail, travel, healthcare, and telecommunications across over 27 countries, D4t4 enables businesses to make smarter, informed decisions via Celebrus, the company's flagship first-party data product suite. Celebrus automatically captures, contextualises, and activates user-based behavioural data in real-time across all digital channels. Through behavioural biometrics and analytics, Celebrus helps companies prevent fraud before it happens. Celebrus Cloud provides an enterprise platform that automates and enables organisations to get better value from the Celebrus software in a more efficient manner.
The Group has offices in the UK, USA, India, and Australia with key talent in all markets to drive the growth of the business. Celebrus is fully compliant with all major data privacy regulations and the Group is accredited to ISO27001: Information Security Management.
For more information, please see www.d4t4solutions.com