Cerillion, the UK-based billing and CRM software vendor, has released interim results characterised by a healthy increase in both revenue and profits. As reported in the telecom specialists recent trading update revenue for the six-months ended 31 March 2022 was up by 26% to £16.1% and pre-tax profit rose by 72% to £5.7m.
Demand from Cerillion’s existing customers was good, rising by 12% to £10.9m whilst its pipeline of new customers grew by 31%, to £172m. Services revenue was up 12% and now accounts for 63% of Cerillion’s overall turnover. Revenue from software licences, support and maintenance made up 31% of the total, with third-party revenue accounting for the remaining 6%.
Cerillion plc (LON:CER) is a leading provider of billing, charging and customer management systems with more than 20 years’ experience delivering its solutions across a broad range of industries including the telecommunications, finance, utilities and transportation sectors.
