08 August 2024
Celebrus Technologies
plc
AGM
trading update and Contract win
Recent contract progress
adding to confidence in FY25 and beyond
Celebrus Technologies plc (AIM:
CLBS, "the Group", "Celebrus"), the data solutions provider,
announces that at the Company's AGM at 9.00 am today, the Chairman
will confirm the Group has a growing pipeline across a range of end
markets and is highly confident in the Group's strategy to deliver
growth and create significant shareholder value in the coming
years. Underpinning this has been the positive momentum the Company
has been achieving with existing and new customers, and it is
pleasing to report a recent contract win with a new customer and an
upsell to an existing customer, both in the leisure and travel
sector, contributing in aggregate approximately £0.7m in
ARR.
The new customer win is a three-year
Celebrus Platform contract with a leading global airline which adds
to the Group's presence in the travel and leisure sector. The
airline will initially use the platform to provide more clarity in
the booking process across all digital devices. The solution will
be hosted and managed in Celebrus Cloud.
The new win follows an upsell
earlier in the financial year to an existing airline customer which
added real-time, cross-brand personalisation and mobile data to its
Celebrus platform functionality. This is largely in use on the
Loyalty side of the business to build better relationships with
existing customers.
Bill Bruno, Chief Executive Officer
commented:
"Our decision to organize our go-to-market approach into
industry sector verticals allows the team to be more effective and
focused. We continue to build expertise in our respective verticals
and to recognize industry "pain points" allowing us to highlight
how we quickly deliver unique value. These changes, and
associated wins, reflect that our strategy of simplification in our
messaging, sales cycles, and processes continues to deliver good
value to our business, our shareholders, and our
customers."
Inside Information: This announcement contains inside
information for the purposes of article 7 of the Market Abuse
Regulation (EU) 596/2014 as it forms part of domestic law by virtue
of the European Union (Withdrawal) Act 2018. Upon the
publication of this announcement via Regulatory Information
Service, this inside information is now considered to be in the
public domain.
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Enquiries
Celebrus Technologies plc
Bill Bruno, Chief Executive
Officer
Ash Mehta, Chief Financial
Officer
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+44 (0)
1932 893333
investors@celebrus.com
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Cavendish (Nominated Adviser & Joint
Broker)
Julian Blunt / Edward Whiley,
Corporate Finance
Tim Redfern, Corporate
Broking
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+44 (0) 20
7220 0500
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Canaccord Genuity (Joint Broker)
Simon Bridges / Andrew
Potts
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+44 (0) 20
7523 8000
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About Celebrus Technologies plc
As a disruptive data technology
platform, Celebrus is focused on improving the relationships
between brands and consumers via better data. Celebrus redefines
what digital identity verification means to power both next-level
marketing and fraud prevention use cases. Deployed across 30+
countries throughout the financial services, healthcare, retail,
travel, and telecommunications sectors, Celebrus automatically
captures, contextualizes, and activates consumer behavioral data in
live-time across all digital channels. Through the addition of
behavioral biometrics and AI, Celebrus empowers brands to detect
and prevent fraud before it occurs. To ensure that brands can begin
to improve those relationships quickly, Celebrus Cloud activates
the Celebrus platform efficiently for brands in a single-tenant,
private cloud implementation.
The Group has offices in the UK,
USA, and India with key talent in all markets to drive the growth
of the business. Celebrus is fully compliant with all major data
privacy regulations and the Group is accredited to ISO27001:
Information Security Management.
For more information, please
see www.celebrus.com .