Cerillion more than double top-line growth rate to 25%

Cerillion plc (LON:CER), the billing, charging and customer relationship management software solutions provider, presented today its annual results for the 12 months ended 30 September 2021.



·   All key financial performance measures reached record highs

·   Revenue1 rose by 25% to £26.1m (2020: £20.8m)

– recurring revenue2 contributed £8.6m (2020: £6.0m), 33% of total revenue

– at the year end, on an annualised basis, recurring revenue was up 25% year-on-year to £9.9m (2020: £7.9m)

·   New orders rose by 43% to £33.3m (2020: £23.3m)

·   Back-order book3 increased by 36% to £42.1m at the year-end (2020: £31.0m)

·   Adjusted EBITDA4 increased by 81% to £10.5m (2020: £5.8m)

– adjusted EBITDA margin rose to 40.3% (2020: 27.9%)

·   Adjusted profit before tax5 up by 131% to £8.5m (2020: £3.7m)

·   Adjusted earnings per share6 increased by 105% to 25.5p (2020: 12.4p)

·   Reported profit before tax up by 181% to £7.4m (2020: £2.6m)

·   Reported earnings per share up 147% to 21.8p (2020: 8.8p)

·   Net cash increased by 71% to £13.2m (2020: £7.7m)

·   Final dividend of 5.00p per share proposed (2020: 3.75p), bringing the total dividend for the year to 7.1p per share (2020: 5.5p), an increase of 29%  


·    Staff continued to work remotely in light of the ongoing coronavirus pandemic, but there was little adverse impact to operations and implementations

·    Largest ever contract won in March 2021 ($18.4m), with Telesur, a full-service Latin American network operator, continuing the trend of winning bigger contracts with larger customers  

·    Strong pipeline of new business opportunities

·    The Board believes that Cerillion is well-positioned for further progress over the new financial year

Louis Hall, CEO of Cerillion plc, commented:

“We have more than doubled our top-line growth rate to 25%, building on the increasing momentum in new business wins over the last three to four years. I am also pleased to highlight strong margin growth and a rising base of recurring income. Cerillion has made huge strides in increasing market awareness of its flagship product, and the signing of its largest ever contract win in the first half of the financial year continued the trend of securing bigger contracts with larger customers.

“Prospects for ongoing growth remain very strong.  With a record back-order book and strong new business pipeline, we remain confident of continued momentum over the new financial year. The market backdrop remains extremely favourable. The roll-out of 5G and digitisation continue to drive investment by telecom companies in enterprise software. These tailwinds should help to support Cerillion’s continued expansion over the short-term and longer term.”

Click to view all articles for the EPIC:
Or click to view the full company profile:
Share on facebook
Share on twitter
Share on linkedin

More articles like this


Decoding low-code & no-code

Is there a way for the code-shy to quickly become expert developers, capable of tailoring their business software as they see fit? Adam Hughes talks to Cerillion’s Product Director, Brian Coombs, about the rise of low-code and no-code


Public or private: which cloud is right for you?

Public cloud infrastructure is the starting point for lots of discussions when our customers are looking at deployment options for a new project, but is it the only way to go? Adam Hughes talks to Cerillion’s Chief Technical


Cerillion expands Norlys partnership with managed services engagement

Cerillion, an innovator in digital monetisation and customer management solutions, announced a new managed services contract with Norlys, Denmark’s largest energy and telecommunications group. Following the launch of Cerillion’s wholesale and retail BSS/OSS solutions for Norlys’ Infrastructure Owner


Will the elderly be key to driving digital growth?

As the over-65 population across the world continues to grow, this previously tech-shy cohort will prove a greater source of revenues for mobile and internet than ever before. How can telcos continue to ensure inclusivity and fair pricing


Can private 5G take centre stage during festival season?

Music festivals are proving themselves to be a major use case for dedicated private networks. How can private 5G enhance the festival experience, and how are festivals across the world already taking advantage of the tech? After a


Cerillion secures £15m 10-year contract with telecoms customer

Cerillion plc (LON:CER), the billing, charging and customer relationship management software solutions provider, has announced that it has agreed terms for a 10-year contract, worth approximately £15m, with a new telecommunications customer. This contract continues the trend evident


Are we one step closer to Rich Communication Services for all?

Are we getting closer to interoperability between messaging services? Will Rich Communication Services (RCS) be the key to breaking down the barriers between competing technologies, or will industry rivalries threaten to sink the whole matter? With hardware becoming


CommunicAsia: Harmonising technology, policy and sustainability

Cerillion’s Shashank Singh reports back from CommunicAsia in Singapore, the largest communications trade show in Asia, as key industry players tackled the future of connectivity, and the intersection of telecoms and sustainability. CommunicAsia, Asia’s largest communications trade show,


Telecoms Trends 2022: the Mid-Year Review

Superapps, Total Experience, the changing role of Systems Integrators – we revisit our predictions from earlier this year for 2022’s top telecoms industry trends to see how our expectations have been met so far. If 2020 was the


Sorting the “money makers” from the “value-destroyers”

Could a small cohort of customers be costing you millions in profits? Telecoms companies must protect their revenues by focusing their energies on seeking out profitable subscribers. How can CSPs refocus their attention away from value-destroying customers and


Cerillion plc CEO and CFO on order book, outlook and costs (LON:CER)

Cerillion’s Louis Hall and Andrew Dickson discusses how the market backdrop and pipeline evolved in H1, cost inflation and managing the cost base, back-order and forward visibility and the outlook for the company for FY22 in this exclusive interview with DirectorsTalk.


Could quantum science unlock the full potential of 5G?

Can the quality of 5G mobile connectivity be improved by turning the laws of physics on their head? We cautiously wade into the world of quantum mechanics to explore how it may one day improve telecoms networks. Quantum


An encouraging start for Cerillion

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

No more posts to show