Celebrus Technologies (LON: CLBS) has guided to a loss for the current financial year and set revenue well below what the company believes the market expects. The AIM-listed data software provider issued the trading update for the six months ended 30 September 2026 at 7am today, before the market opened.
Full-year revenue guide is $20.0m to $20.5m, against $23.6m in FY26. Software revenue is predicted at $19.0m to $19.5m, against $20.3m, with adjusted loss before tax at $2.8m to $3.0m, against a $0.2m profit last year. The company puts consensus at $23.7m of revenue and a $0.9m loss, so the revenue midpoint sits about 15% below it. Adjusted loss before tax is a non-statutory measure.
The first half to 30 September is expected to show revenue of about $9.2m, down roughly 11.5% on a year earlier because of lower third-party product revenues. Software revenue rose roughly 13%. The figures are unaudited.
| $m | H1 FY27 expected | H1 FY26 |
|---|---|---|
| Revenue | 9.2 | 10.4 |
| Software revenue | 8.9 | 7.9 |
| Adjusted loss before tax | 1.3 | 1.4 |
Annual recurring revenue (contracted yearly income) fell 2.0% to $14.7m, from $15.0m at 31 March 2026. New logo wins of $0.2m and upsells of $0.4m, together worth 4%, were offset by $0.9m of reductions, largely from the loss of a single customer.
That customer exercised a contractual break at the end of the first year of a three-year contract. The company said it lost the customer through “imperfect execution on our part”, and that its rate of closing new business has been slower than it had hoped. Deals take about eight months on average, and it says the pipeline continues to grow.
Chief executive Bill Bruno said:
our focus is on executing to prove that to the market in the second half
Bill Bruno, chief executive, Celebrus Technologies
Cash stood at $22.3m, down from $32.5m at 31 March. Shareholders received $3.2m through a $2.0m buyback and a $1.2m final dividend, while seasonal annual-invoice collections left a $4.2m working-capital outflow. A further $2.8m left through the retained loss, including capitalised development and tax. The company has no debt.
For traders, the second half has to prove the turnaround. Half-year results are due on the 8th of December.
