Cerillion (CER) Interim results presentation May 2021

Louis Hall, Co-Founder & CEO and Oliver Gilchrist, CFO present Cerillion interim results for the period ended 31st March 2021. Revenue is up 26% to £12.8m. Annualised recurring revenue is up 43% to £9m. Adj PTP is up 124% to £3.8m. EPS is up 105% to 11.5p. Back order book is up 74% to 42.1m. Net cash up 60% at 7.7m. H1 dividend is up 20% to 2.1p. Over the last three quarters CER have signed two of the largest contracts in the Company’s history. Not surprisingly management believes they are well-positioned to deliver their full year targets. Louis Hall, CEO 00:17 – Introduction 02:40 – About Cerillion 09:19 – Products & delivery 10:30 – Customers 12:52 – Market drivers 15:28 – Markets & channels 17:20 – Competitive landscape 20:42 – H1 Highlights 21:58 – KPI’s Oliver Gilchrist, CFO 23:00 – KPI’s continued 24:30 – Financial highlights 27:40 – Income statement 29:23 – Balance sheet 30:08 – Cash flow Louis Hall, CEO 30:49 – Sales pipeline 33:43 – Summary & outlook 34:20 – Q&A Cerillion plc is engaged in providing billing, charging and customer relationship management software solutions to the telecommunications market but also to the utilities and financial services sectors. The Company is a supplier and developer of telecommunication software solutions and equipment. It operates through four business segments, such as Services, Software, Software-as-a-Service and Third Party. The Services segment provides services to customers on new implementation projects and enhancements. The Software segment supports and provides maintenance for the software, as well as the licenses to use the software. The Software-as-a-Service segment offers monthly subscriptions for a managed service and products on a pay as you go service. The Third Party segment offers third-party services or licenses, and includes re-billable expenses and pass through of selling on hardware. It operates in Europe, the Middle East and Africa, the Americas and Asia-Pacific geographical markets.