Cerillion delivers a strong FY23 performance

Billing and CRM provider, Cerillion, has published its latest full-year financials highlighting another year of double-digit growth. The final results for the year ended 30 September 2023 confirm the details of Cerillion’s recent trading update with revenue up 20% to £39.3m and pre-tax profits up 48% to £16.1m.

Although, growth slowed somewhat in the second half of the fiscal, Cerillion made an excellent start to the fiscal. The London-headquartered vendor reported revenue up 27% at the half-year stage with H1 proving to be the foundation of the final results.  Meanwhile Cerillion closed the year with net cash of approximately £24.7m, compared to £20.2m in the prior fiscal.

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.

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