TIDMD4T4
RNS Number : 3898G
D4T4 Solutions PLC
25 November 2020
25 November 2020
D4t4 Solutions plc
Half-year results for the six months to 30 September 2020
D4t4 Solutions Plc (AIM: D4t4, "the Group", "D4t4"), the
AIM-listed data solutions provider, announces its half year results
for the six months to 30 September 2020 (H1 2021).
Financial highlights
-- Group revenue and adjusted profit in line with management expectations
-- Revenue of GBP5.09m (H1 2019-20: GBP8.84m)
-- Annual recurring revenue (ARR [1] ) increased 27.4% to GBP10.09m (H1 2019-20: GBP7.92m)
-- Adjusted loss before tax [2] GBP0.92m (H1 2019-20: profit GBP0.74m)
-- Adjusted EPS [3] of -1.57p (H1 2019-20: 1.76p)
-- Net cash position of GBP12.08m (FY 2019-20: GBP11.24m) with no debt
-- Interim dividend of 0.81p per share, up 5% (H1 2019-20: 0.77p)
Operational highlights
-- H1 contract wins extend global reach in retail and financial
services sectors and expand into US healthcare market
-- Ongoing investment in R&D - new US and European patents granted
-- Completion and delivery of version 9.2 of our Celebrus
Customer Data Platform (CDP) software, which includes embedded
machine learning capabilities and Natural Language Processing
-- D4t4 has continued to strengthen its relationships with
Teradata, Pegasystems, Dell Technologies and SAS.
o The Celebrus Customer Data Platform (CDP) products are central
to Teradata's "Vantage Ignite" programme, a major product
initiative into its global installed base enterprise accounts
Geographic and industry expansion
-- Continued investment in India, Europe and North America in
product management, pre-sales, technical
support and service delivery to support growing global presence
-- Ongoing focus on existing and new strategic partnerships
continues to grow our increasing pipeline of opportunities across
the business
-- APAC expansion underpinned by high level of opportunities in
that region driven by the Teradata "Vantage Ignite" programme
-- New opportunities in the risk and fraud area, particularly in
the financial services vertical, are driving the requirement for
new strategic partnerships
Post period end
-- Four new contract wins announced on 5 November 2020
o These add c. GBP5.5m revenue in the 2020-21 financial year
Peter Kear, CEO of D4t4 Solutions, commented:
"As we said in our October trading update, we have made good
progress with many of our strategic initiatives and secured some
excellent contract wins in the first six months, notably in new
markets including a large South American retailer and our first US
healthcare company. Our focus remains on growing revenues from our
Celebrus family of products, expanding our international offering
and investing in our technology and our people.
"We delivered a solid first half, underpinned by our continued
shift towards a recurring revenue model, with ARR up 27%. We are in
a strong position with a number of contract discussions outstanding
at the end of the first half closing in early November 2020 and an
excellent pipeline with a healthy increase in new opportunities.
Our opportunity for growth in the Customer Data Platform and
Customer Data Management markets is being amplified by
the increased pressure on enterprises to accelerate their digital transformation ."
Enquiries
D4t4 Solutions Plc +44 (0) 1932 893333
Peter Kear, Chief Executive Officer moreinfo@d4t4solutions.com
Charles Irvine, Chief Financial
Officer
finnCap (Nominated Adviser & Joint
Broker)
Julian Blunt / Emily Watts, Corporate
Finance
Alice Lane, ECM +44 (0) 20 7220 0500
Canaccord Genuity (Joint Broker)
Simon Bridges / Andrew Potts +44 (0) 20 7523 8000
Instinctif Partners
Adrian Duffield / Kay Larsen / D4t4Solutions@instinctif.com
Chantal Woolcock
About D4t4 Solutions plc
D4t4 Solutions plc (www.d4t4solutions.com) provides data
solutions through its Celebrus suite of products and services,
which is comprised of two distinct complementary offerings - its
proprietary Customer Data Platform (CDP) and Customer Data
Management (CDM) solution. The Celebrus family of products offer
data capture, data migration, data synchronization, data management
and data monitoring.
Celebrus CDP is an enterprise software product which captures
customer behaviour in real time across digital channels to enable a
range of applications including customer analytics, personalised
marketing, risk, fraud detection and compliance.
Celebrus CDM is an integrated platform that automates the
ingestion, integration, transformation, and delivery of customer
data from streaming, persisted or historical sources, whether as an
appliance on-premises or in the cloud, to deliver real-time,
unified, and trusted multidimensional views of customer data for
personalisation, risk, fraud, analytics, and recommendation
applications.
The Group has offices in the UK, USA and India with employees
across the UK, US, Europe and India. D4t4's blue chip global
customers are largely within the financial services, retail and
consumer sectors.
Celebrus is fully compliant with all major data privacy
regulations and the Group is accredited to ISO27001: Information
Security Management.
Operational review
Overview
During the period we experienced a healthy increase in new
business pipeline and converted opportunities in both the retail
and US healthcare sectors. We have also seen volume increases in
licences from existing customers, across both our CDP and CDM
solutions, who realise the benefit from the use of our Celebrus
product family. Although a number of contracts slipped past the
half year end by a few weeks they have since closed and we now have
exceptional revenue visibility for this financial year.
We have continued to invest in people, with ongoing investment
in R&D and product innovation. We have also grown out project
management and pre-sales teams.
We have continued to work closely with industry analysts such as
Forrester and the CDP Institute and we continue to feature actively
in their research and reports. We have produced several exceptional
customer video testimonials along with a number of customer and
partner led webinars. Since the close of the half year we have also
delivered our first virtual Capital Markets Day, which can be
viewed on our website.
Strategy
In 2019 we made the strategic decision to move from a perpetual
licence (capital expenditure) based sales model to a predominantly
term / annual recurring revenue model, providing more visibility
and better-quality earnings. This shift continues as can be seen by
the increase in our annual recurring revenue (ARR) up to GBP10.09m
at the end of H1 from GBP7.92m at the same point last year.
At the same time, we are focused on increasing revenues from our
Celebrus software family of products by extending the vertical
market focus for our products and services.
Our strategic commitment to international expansion, the growth
of our partner sales model and product innovation continues and we
see evidence of good success in each of these areas.
Recurring revenues
We have continued to drive the expansion of our annual recurring
revenue licence model, although the pace of the shift is ultimately
driven by customer requirements. We still experience reticence
among some customer groups particularly where they require on
premise deployment over multiple years. We continue to be flexible
in our licencing approach and offer the appropriate licence model
based on individual customer needs whilst driving the move to
ARR.
International expansion
Leveraging our enterprise partner model, we have further
extended our international reach as can be evidenced by new
contract wins in South America and mainland Europe. We have grown
our international pre-sales and support teams as well as our
partnership specialists to support our international expansion.
Notably, we are focusing our attention on our Asia Pacific
capabilities to ensure coverage for this fast-growing region.
Leveraging our existing partnerships enables us to find new
opportunities in the region, in particular the Teradata "Vantage
Ignite" programme has provided a strong pipeline in this
region.
Partnerships
D4t4's focus on selling with and via partners that have global
reach and penetration continues to provide us with increasing
numbers of new opportunities in a wide range of enterprise class
customers across our target markets.
Our channel partner sales continue to contribute a major
proportion of our revenues and as can be seen in recent
announcements we are working ever more closely with our partner
base.
We have recently commenced work on a number of new partner
initiatives which should provide significant sales leads over the
coming one to two years. One of these is the Teradata "Vantage
Ignite" programme, a major product initiative into Teradata's
global installed base enterprise accounts where D4t4's Celebrus
Customer Data Platform (CDP) products are central to the
programme.
We have been presented with a number of new opportunities for
our data in the risk and fraud area, particularly in the financial
services vertical. Working closely with our existing partners and
customers, who rely on the depth and quality of our data, we are
being introduced to different user groups within those accounts
where new opportunities have emerged. These opportunities are
driving both new development of our software and the requirement
for new strategic partnerships to exploit the use of our data.
Product innovation - Celebrus
We remain a leader in both real time digital data collection and
customer data management and our products and services are used by
many of the world's largest financial services and consumer
organisations. With the launch of V9.2 of our Celebrus CDP we
introduced, unique to our industry, newly embedded machine learning
(ML) capabilities and natural language processing (NLP)
capabilities.
We use machine learning to deliver Automated Marketing Signals.
Automated Marketing Signals enable enterprises to better understand
customer interest, life events, subscriptions and customer
experience in real time. These preconfigured signals reveal new
revenue generating opportunities and dramatically limit customer
churn.
The value of the new NLP functionality lies in the ability for
enterprises to immediately understand 'customer sentiment' in all
digital channels including online chatbots, complaints feedback and
product review forums. This speed is significant because it allows
clients to make meaningful interventions 'in the moment' to
safeguard customer relationships and reinforce their brand
values.
Our solutions provide our customers with confidence in the depth
and quality of their data, safe in the knowledge that they can
collect all relevant data from every customer interaction across
all digital channels in real time.
Our customer data management (CDM) technology ensures that
digital channel data can be easily combined with any other customer
data that exists in their environment - enabling customer
analytics, optimised customer experiences and more accurate
targeted marketing, all in real time.
During the period we have committed our development resources to
ensure that we are on target for the next release of our Celebrus
CDP software which contains many new features developed in
conjunction with both customer and partner requirements which will
take us into new areas beyond our traditional customer experience
offerings.
We have also continued our focus on enhancing the value of the
Group's enterprise software technology with the recent award of new
US and European patent grants.
People
This year has seen many new challenges in the way that we work
and it has been reassuring to see the diligence that our people
have applied to the new working conditions we all now experience
and I am grateful to our global workforce for the manner in which
they have responded to these challenges.
Our customers value not just our technology but also our people
who bring that technology to life in their environment and provide
them with the ingredients that make our customers successful.
I would like to take this opportunity to thank all our
management and staff for their hard work and commitment which has
enabled us to continue to service our clients and win new business
throughout. This has also meant we have not had to claim from any
of the taxpayer funded furlough or other business support
schemes.
Financial review
Revenue
Revenue for the period was GBP5.09m (H1 2019-20: GBP8.84m).
Driving the reduction versus the same period last year was a delay
in signing of a number of key contracts, due largely to the
COVID-19 pandemic and its repercussions. Support & maintenance
revenues in the period were less impacted at GBP3.21m, an increase
of 7% (H1 2019-20: GBP3.00m). As mentioned above, a number of
contracts have been successfully concluded since the period end and
as announced on 5 November, will deliver approximately GBP5.5m of
revenue in the current year.
2020 2019
GBP'000 GBP'000
-------- --------
Products - Own IP 263 1,812
Products - 3(rd) party 343 2,205
Delivery services 1,272 1,825
Support & maintenance 3,209 2,998
======== ========
Revenue 5,087 8,840
Annually Recurring Revenue (ARR) at the end of the period was
GBP10.09m, an increase of GBP2.17m - or 27.4% - versus the same
period in the prior year (H1 2019-20: GBP7.92m). Driving the
increase in ARR were a number of Celebrus recurring term licence
deals signed in the second half of 2019-20. ARR at 30 September
reflects a GBP0.54m increase on the prior year-end (2019-20:
GBP9.55m) and the intention is to continue to increase this over
the next 2-3 years although the level of increase will ultimately
be driven by customer requirements.
Profit before Tax
Gross Margin as a percentage of sales reduced slightly to 48.6%
(H1 2019-20: 51.8%) which was due to the lower level of product
sales in the period. Administration expenses were in line with the
same period last year at GBP3.84m with savings in travel and events
continuing. It is still expected that over the full year,
administration expenses will increase versus 2019-20 as a result of
continued investment in future growth.
Adjusted Profit before Tax was a loss of (GBP0.92m), a reduction
of GBP1.66m versus the same period in the prior year (H1 2019-20:
GBP0.74m). This was primarily driven by the reduction in sales
mentioned above. Had the contract wins announced since the period
end been secured in the first half the Group would have made a
reasonable profit during H1.
Balance Sheet & Cash Position
The net cash balance at 30 September was GBP12.08m, an increase
of GBP0.84m on the same period last year (H1 2019-20: GBP11.24m).
During H1, net cash reduced by GBP0.69m, partly as a result of the
dividend paid in August. Net cash from operating activities was
positive at GBP0.40m, with the reduction in working capital more
than offsetting the operating loss as a result of the high level of
invoicing from the final quarter of 2019-20 being collected in the
period.
The Group remains debt-free although there are plans to lease a
number of hardware assets to support upcoming Platform as a Service
style Customer Data Management contracts where the client often
requires the Group to maintain the IT infrastructure on their
behalf. At 30 September, net assets stood at GBP27.39m (H1 2019-20:
GBP25.81m).
Dividend
As a Company, we are committed to a progressive dividend policy
and rewarding our shareholders whilst at the same time balancing
our investment in the business for future growth.
Given the confidence outlined above the Board is pleased to
declare an interim dividend of 0.81p per share, a 5% increase over
the comparative period last year. This will be paid on 11 January
2021 to Members on the Register as at 11 December 2020. The shares
will become ex-dividend on 10 December 2020.
Current Trading & Outlook
The Board remains confident in delivering a strong finish to
2020-21 with second half prospects well underpinned by:
-- New contract wins announced on 5 November 2020 set to deliver
revenue of c.GBP5.5m in H2
-- High level of annual recurring revenue from new licences
signed during the second half of last year
and Support and maintenance revenues
-- Strong visibility on new contracts due to initiate during H2
-- Significant pipeline of business in negotiation with new & existing clients
We continue to invest in our international markets, product
innovation and strengthening our partner relationships in line with
the substantial market opportunity that is presented to us.
Overall, we are in a good position. The strength of the Group's
balance sheet and excellent short, mid and long-term prospects
provides the Board with significant comfort and a high level of
confidence in prospects for the current financial year and
beyond.
Consolidated income statement
for the period ended 30 September 2020 (unaudited)
Six months ended Year ended
30 September 31 March
2020 2019 2020
GBP'000 GBP'000 GBP'000
---------------------- -------------- ---- ---- ----------------------- -------- -------------
Continuing operations
Revenue 5,087 8,840 21,748
Cost of sales (2,616) (4,265) (8,537)
====================== ==================== ==== ======================= ======== =============
Gross Profit 2,471 4,575 13,211
Administration
expenses (3,838) (3,776) (8,343)
Other operating
income 29 28 58
==================== =========================== ======================= ======== =============
(Loss) / Profit from operations (1,338) 827 4,926
Finance income 10 20 43
Finance costs - - -
====================== ==================== ==== ======================= ========
(Loss) / Profit before tax (1,328) 847 4,969
Tax 370 (52) (522)
====================== ============== ==== ==== ======================= ======== =============
Attributable to equity holders of the
parent (958) 795 4,447
-------------------------------------------------- ----------------------- -------- -------------
(Loss) / Earnings per share from continuing operations attributable
to the equity holders of the parent
Basic (2.38p) 2.00p 11.12p
Diluted (2.38p) 1.98p 11.04p
====================== ============== ==== ==== ======================= ======== =============
Consolidated statement of comprehensive income
for the period ended 30 September 2020 (unaudited)
Six months ended Year ended
30 September 31 March
2020 2019 2020
GBP'000 GBP'000 GBP'000
------- ------------------------------- ---- ---- --------- -------- -------------
Attributable to equity holders
of the parent (958) 795 4,447
Other comprehensive income:
Items that will not be reclassified
to profit or loss
Gains on property
revaluation - - 71
Exchange differences
on translation
of foreign operations (11) 29 24
===================================== ============ ========= ======== === =============
Total comprehensive (loss) /
income for the period attributable
to equity holders of the parent (969) 824 4,542
---------------------------------------- ---- ---- --------- -------- --- -------------
Consolidated statement of changes in equity attributable to
Equity Holders of the Parent
for the period ended 30 September 2020 (unaudited)
Share Share Merger Revaluation Own Equity Retained Total
capital premium reserve reserve shares reserve earnings GBP'000
---------------- ------------------------------------------------------------------------------------------------------------------- ------- ------- ----------- ------- -------- ---------- -------
Balance at 1
April
2019 794 2,624 5,977 1,099 (1,127) 10 15,463 24,840
Dividends paid - - - - - - (925) (925)
Purchase of
own shares - - - - (23) - - (23)
Issue of new
shares
- exercise of
share
options 14 741 - - - - - 755
Settlement of
share
based
payments - - 4 - 738 (3) (457) 282
Share-based
payment
charge - - - - - - 60 60
Deferred tax
on
outstanding
share options - - - - - (7) - (7)
================ =================================================================================================================== ======= ======= =========== ======= ======== ========== =======
Transactions
with
equity
holders 14 741 4 - 715 (10) (1,322) 142
================ =================================================================================================================== ======= ======= =========== ======= ======== ========== =======
Profit for the
period - - - - - - 795 795
Other
comprehensive
income - - - - - - 29 29
================ =================================================================================================================== ======= ======= =========== ======= ======== ========== =======
Total
comprehensive
income - - - - - - 824 824
================ =================================================================================================================== ======= ======= =========== ======= ======== ========== =======
Balance at 30
Sept
2019 808 3,365 5,981 1,099 (412) - 14,965 25,806
Dividends paid - - - - - - (310) (310)
Purchase of
own shares - - - - (46) - - (46)
Settlement of
share
based
payments - - - - 118 - (59) 59
Share-based
payment
charge - - - - - - 37 37
================ =================================================================================================================== ======= ======= =========== ======= ======== ========== =======
Transactions
with
equity
holders - - - - 72 - (332) (260)
================ =================================================================================================================== ======= ======= =========== ======= ======== ========== =======
Profit for the
period - - - - - - 3,652 3,652
Other
comprehensive
income - - - 71 - - (5) 66
================ =================================================================================================================== ======= ======= =========== ======= ======== ========== =======
Total
comprehensive
income - - - 71 - - 3,647 3,718
================ =================================================================================================================== ======= ======= =========== ======= ======== ========== =======
Balance at 1
April
2020 8 08 3,365 5,981 1,170 (340) - 18,280 29,264
Dividends paid - - - - - - (764) (764)
Purchase of
own shares - - - - (326) - - (326)
Settlement of
share
based
payments - - - - 246 - (132) 114
Share-based
payment
charge - - - - - - 68 68
================ =================================================================================================================== ======= ======= =========== ======= ======== ========== =======
Transactions
with
equity
holders - - - - (80) - (828) (908)
================ =================================================================================================================== ======= ======= =========== ======= ======== ========== =======
Profit for the
period - - - - - - (958) (958)
Other
comprehensive
income - - - - - - (11) (11)
================ =================================================================================================================== ======= ======= =========== ======= ======== ========== =======
Total
comprehensive
income - - - - - - (969) (969)
================ =================================================================================================================== ======= ======= =========== ======= ======== ========== =======
Balance at 30
Sept
2020 8 08 3,365 5,981 1,170 (420) - 16,483 27,387
================ =================================================================================================================== ======= ======= =========== ======= ======== ========== =======
Consolidated statement of financial position
as at 30 September 2020 (unaudited)
30 September 30 September 31 March
2020 2019 2020
GBP'000 GBP'000 GBP'000
------------------------------------------ ---- ----- --------- ------------- ---------
Non-current assets
Goodwill 8,696 8,696 8,696
Other intangible assets 920 891 956
Property, plant and equipment 3,954 3,981 4,099
Deferred tax assets 686 772 283
================================================= ===== ========= ============= =========
14,256 14,340 14,034
===================================================== ========= ============= =========
Current assets
Trade and other receivables 2,857 4,292 10,137
Tax receivables 396 - 649
Inventories 1,649 3 1,266
Cash and cash equivalents 12,082 11,241 12,772
================================================= ===== ========= ============= =========
16,984 15,536 24,824
================================================= ===== ========= ============= =========
Total assets 31,240 29,876 38,858
================================================= ===== ========= ============= =========
Current liabilities
Trade and other payables (3,622) (3,822) (9,377)
================================================= ===== ========= ============= =========
(3,622) (3,822) (9,377)
Non-current liabilities
Deferred tax liabilities (231) (188) (217)
================================================= ===== ========= ============= =========
(231) (188) (217)
Total liabilities (3,853) (4,070) (9,594)
================================================= ===== ========= ============= =========
Net assets 27,387 25,806 29,264
Equity
Share capital 808 808 808
Share premium account 3,365 3,365 3,365
Merger reserve 5,981 5,981 5,981
Revaluation reserve 1,170 1,099 1,170
Own shares (420) (412) (340)
Retained earnings 16,483 14,965 18,280
================================================= ===== ========= ============= =========
Attributable to equity holders
of the parent 27,387 25,806 29,264
------------------------------------------------- ----- --------- ------------- ---------
Consolidated cash flow statement
for the period ended 30 September 2020 (unaudited)
Six months ended Year ended
30 September 31 March
2020 2019 2020
GBP'000 GBP'000 GBP'000
------------------------------------------------- ------ ------------- ------------- -----------
Operating activity
(Loss)/Profit before tax (1,328) 847 4,969
Adjustments for:
Depreciation of property, plant
and equipment 169 155 327
Amortisation of intangible assets 136 123 246
Finance income (10) (20) (43)
Share-based payments 68 60 97
Operating cash flows before movements
in working capital (965) 1,165 5,596
=========================================================== ============= ============= ===========
Decrease / (increase) in receivables 7,280 1,983 (3,862)
(Increase) / decrease in inventories (383) 42 (1,221)
(Decrease) / increase in payables (5,770) (2,846) 2,603
=================================================== ====== ============= ============= ===========
Cash generated from operations 162 344 3,116
Income taxes refunded / (paid) 238 (177) (738)
Net cash generated from operating activities 400 167 2,378
=========================================================== ============= ============= ===========
Investing activities
Interest received 10 20 43
Purchase of property, plant and
equipment (24) (31) (249)
Capitalisation of development costs (100) - (188)
Net cash used in investing activities (114) (11) (394)
Equity
Dividends paid (764) (925) (1,235)
Purchase of own shares (326) (23) (69)
Exercise of share options 114 1,037 1,096
=================================================== ====== ============= ============= ===========
Net cash (used) / generated in
financing activities (976) 89 (208)
Net (decrease) / increase in cash
and cash equivalents (690) 245 1,776
Cash and cash equivalents at start
of period 12,772 10,996 10,996
=================================================== ====== ============= ============= ===========
Cash and cash equivalents at end
of period 12,082 11,241 12,772
--------------------------------------------------- ------ ------------- ------------- -----------
Notes to the financial statements
1. Basis of preparation
The financial information in these interim results is that of
the Group. It has been prepared in accordance with the recognition
and measurement requirements of International Financial Reporting
Standards (IFRS) but does not include all of the disclosures that
would be required under IFRS. The interim financial information for
the six months ended 30 September 2020 (HY 2020-21) and comparative
interim figures for 2019 (HY 2019-20) have been neither audited nor
reviewed by the Group's auditors.
The financial statements for the year ended 31 March 2020 have
been filed with the Registrar of Companies and contained an
unqualified audit opinion.
2. Business and geographical segments
Six months ended Year ended
Business Segments 30 September 31 March
2020 2019 2020
GBP'000 GBP'000 GBP'000
--------- -------- -------------
Products - Own IP 263 1,812 7,658
Products - 3(rd) party 343 2,205 4,362
Delivery services 1,272 1,825 3,629
Support & maintenance 3,209 2,998 6,099
========= ======== =============
Revenue 5,087 8,840 21,748
Cost of sales (2,616) (4,265) (8,537)
========= ======== =============
Gross profit 2,471 4,575 13,211
Other operating costs and income (3,809) (3,748) (8,285)
Investing and financing activity 10 20 43
========= ======== =============
(Loss) / Profit before tax (1,328) 847 4,969
--------- -------- -------------
Six months ended Year ended
Geographical information 30 September 31 March
2020 2019 2020
GBP'000 GBP'000 GBP'000
--------- -------- -------------
United Kingdom 1,564 1,840 4,158
Rest of Europe 847 942 3,162
United States of America 2,061 5,423 13,327
Others 615 635 1,101
========= ======== =============
5,087 8,840 21,748
--------- -------- -------------
The geographical revenue segment is determined by the domicile
of the external customer.
Non-current assets, including Property, Plant & Equipment,
Goodwill and Intangibles, are predominantly located in the United
Kingdom.
3. Earnings per share
Six months ended Year ended
30 September 31 March
2020 2019 2020
GBP'000 GBP'000 GBP'000
----------- ----------- -------------
(Loss) / Profit attributable to owners
of the parent (958) 795 4,447
Amortisation of intangible assets 136 123 246
Share-based payments 68 60 97
Net foreign exchange differences 161 (293) (362)
Restructuring costs 39 - 96
Tax on the adjustments (77) 21 (15)
=========== =========== =============
Adjusted (Loss) / Profit attributable
to owners of the parent (631) 706 4,509
----------- ----------- -------------
2020 2019 2020
No. No. No.
----------- ----------- -------------
Basic weighted average number of shares,
excluding own shares, in issue 40,242,293 39,695,986 39,976,957
Dilutive effect of share options - 358,036 299,994
Diluted weighted average number of shares,
excluding own shares, in issue 40,242,293 40,054,022 40,276,951
----------- ----------- -------------
Six months ended Year ended
30 September 31 March
2020 2019 2020
Pence Pence Pence per
per share per share share
----------- ----------- -------------
Basic (Loss) / Earnings per share (2.38) 2.00 11.12
Diluted (Loss) / Earnings per
share (2.38) 1.98 11.04
Adjusted Basic (Loss) / Earnings
per share (1.57) 1.78 11.28
Adjusted Diluted (Loss) / Earnings
per share (1.57) 1.76 11.19
4. Dividends
Six months ended Year ended
30 September 31 March
2020 2019 2020
GBP'000 GBP'000 GBP'000
--------- -------- -------------
Amounts recognised as distributions
to equity holders
Final dividend for the year ended
31 March 2020 of 1.9p (2019:
2.3p) 764 - -
Final dividend for the year ended
31 March 2019 of 2.3p (2018:
1.875p) - 925 925
Interim dividend for the year
ended 31 March 2020 of 0.77p
(2019: 0.7p) - - 310
764 925 1,235
--------- -------- -------------
An interim dividend of 0.81p per share will be paid in the week
commencing 11 January 2021 to Members on the Register as at 11
December 2020. The share will become ex-dividend on 10 December
2020.
[1] ARR (Annual Recurring Revenue) is the amount of revenue at a
point in time that is expected to recur within the next twelve
months.
[2] Adjusted (loss) / profit before tax is calculated before
amortisation of intangibles, one-off reorganisation costs, foreign
exchange gains/(losses) and share based payment charges.
[3] Adjusted EPS is calculated before amortisation of
intangibles, one-off reorganisation costs, foreign exchange
gains/(losses) and share based payment charges.
Forward-Looking Statements
This document contains certain forward-looking statements. The
forward-looking statements reflect the knowledge and information
available to the Group up to the publication of this document. By
their very nature, these statements depend upon circumstances and
relate to events that may occur in the future and thereby involve a
degree of uncertainty. Therefore, nothing in this document should
be construed as a profit forecast by the Group.
This information is provided by RNS, the news service of the
London Stock Exchange. RNS is approved by the Financial Conduct
Authority to act as a Primary Information Provider in the United
Kingdom. Terms and conditions relating to the use and distribution
of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com.
RNS may use your IP address to confirm compliance with the terms
and conditions, to analyse how you engage with the information
contained in this communication, and to share such analysis on an
anonymised basis with others as part of our commercial services.
For further information about how RNS and the London Stock Exchange
use the personal data you provide us, please see our Privacy
Policy.
END
IR VZLFLBFLFFBQ
(END) Dow Jones Newswires
November 25, 2020 02:00 ET (07:00 GMT)
Celebrus Technologies (LSE:CLBS)
Historical Stock Chart
From Apr 2024 to May 2024
Celebrus Technologies (LSE:CLBS)
Historical Stock Chart
From May 2023 to May 2024
