Cerillion H1 results expected to set new highs for revenue and adjusted EBITDA

Cerillion plc (LON:CER), the billing, charging and customer relationship management software solutions provider, has announced an update on trading for the first six months of its current financial year ending 30 September 2024.

Results for the six-months ended 31 March 2024 are expected to set new highs for revenue and adjusted EBITDA. Revenue is expected to be approximately £22.5m (H1 2023: £20.5m) and adjusted EBITDA approximately £10.9m (H1 2023: £9.9m), both 10% higher year-on-year. Net cash at 31 March 2024 has increased to approximately £26.6m (31 March 2023: £23.6m), providing a very firm underpinning to the Company’s strong balance sheet.  

The first half performance reflects ongoing strong demand from customers and the trading backdrop remains favourable. 

Click to view all articles for the EPIC:
Or click to view the full company profile:
Facebook
X
LinkedIn
Cerillion

More articles like this

Cerillion

TM Forum’s ODA in transforming telecoms

TM Forum’s Open Digital Architecture (ODA) is revolutionizing the telecom industry, driving agility, innovation, and digital transformation across various sectors.

Cerillion

A promising era for telecom operators and network APIs

The telecom industry is gearing up for a transformative shift with the rise of network APIs. These interfaces are poised to create new revenue streams while enabling innovative applications and services. APIs have already facilitated everyday

Cerillion

Cerillion achieves another year of impressive growth

Cerillion, an AIM-listed billing and CRM provider, has reported significant growth for the financial year ending 30 September 2024. Revenues rose by 12% to £43.8 million, while statutory profit increased by 22%, reaching £19.7 million. These

Cerillion

The future of AI in telecommunications for Africa’s MNOs

AI is transforming telecommunications across Africa, reshaping various aspects from network performance to customer service and revenue strategies. Cerillion’s Marketing Director, Dominic Smith, notes how AI tools, such as chatbots and virtual assistants, enhance customer support

Cerillion

Cerillion’s new standard for digital engagement in telecoms

Cerillion has launched Cerillion 24.2, its latest BSS/OSS suite release aimed at advancing digital engagement in the telecoms industry. This new version includes a redesigned Self Service module that focuses on user-friendly design and adaptable digital

Cerillion

Reimagining revenue growth in the telecoms industry

In today’s telecoms landscape, communications service providers (CSPs) are navigating declining revenue from traditional services while facing fresh challenges in emerging markets. They must innovate while maintaining their operational strengths. Many CSPs are hindered by legacy

Cerillion

Cerillion’s Richard Doughty on DTW24 themes and BSS/OSS market trends

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.