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RNS Number : 4429P

D4T4 Solutions PLC

19 October 2021

19 October 2021

D4t4 Solutions Plc

Trading Update, CEO succession, and Notice of half-year results

D4t4 Solutions Plc (AIM: D4t4, "the Group", "D4t4"), the AIM-listed data solutions provider, provides the following trading update for the six months to 30 September 2021.

Financial highlights (1)

   --    Group revenue and adjusted profit (2) for the first half in line with management expectations 
   --    Half year revenue up 47% to GBP7.5m (H1 2020-21: GBP5.1m) 
   --    Strong interim net cash position of GBP16.1m (FY 2020-21: GBP12.1m) 

Operational highlights

-- Launch of the Fraud Data Platform ("FDP"), in June 2021, to help customers address growing digital threats. Provided access to a growing $18 billion market and is generating high levels of interest amongst existing and potential new customers.

-- Acquisition of Prickly Cactus successfully integrated into the Group and performing in line with expectations. The team is already having a marked impact on driving customer success and deepening relationships with existing customers.

-- Launch of version 9.4 of the Customer Data Platform ("CDP") product which now incorporates an additional 100 automated marketing signals, providing customers with greater ability to identify and convert valuable potential end-customers. This version also includes the world's only first-party real-time Identity Graph which uniquely solves for a key challenge in the industry today.

-- Continued investment into Sales and Marketing including new Sales headcount to increase direct sales capacity, and a global campaign to promote the Group's messaging more prominently in the industry.

Contract wins in H1:

Celebrus Customer Data Management (CDM)

   --    A significant new contract with a major US based global financial services organisation 
   --    An extension of an existing contract with a UK based financial services provider 

Celebrus Customer Data Platform (CDP)

   --    A new ARR-based multi-year contract win with an existing Norwegian banking customer 
   --    A contract upgrade with a European based retailer 
   --    A contract upgrade for a US based top 10 global insurance provider 

Combined Celebrus CDP and CDM

   --    A multi-year business win with a European based top 10 global insurance provider 
   --    A contract extension for an existing UK based price comparison customer 

CEO succession

The previously announced plan to transition Bill Bruno to the role of CEO becomes effective today. Peter Kear will remain on the board to support Bill and to ensure a smooth transition.

Outlook

The board remains confident in delivering a solid full year FY22, in line with management expectations. Prospects for H2 are strongly underpinned by a significant pipeline of new business from existing clients wishing either to increase the footprint of the Celebrus CDP software or to extend the use of the Celebrus hybrid CDM platform solution, as well as from new customer opportunities for both CDP and FDP products.

Notice of half year results

D4t4 will publish its half year results for the six months to 30 September 2021 on 1 December 2021.

Bill Bruno, CEO of D4t4 Solutions, commented:

"We had a very successful H1, including a significant new win with a major US based global financial services organization and notable upgrades to existing customer contracts. We also continue to convert legacy deals into ARR, delivering on our strategy to increase recurring-revenue sales to support our growth."

"We continue to add key talent in the US and internationally as we invest in our direct sales capacity and "Go Loud" campaign. Celebrus CDP was a finalist for the "Best Data Technology" award at the 2021 AdExchanger digital advertising and marketing awards, and we continue to focus on building upon that industry recognition."

"We remain confident about our prospects for the full year. We have strong visibility for H2, with several new contracts in the final stages of negotiation and are building a strong pipeline for our newly launched FDP as well."

Notes:

(1) The trading performance reported in this statement is based on unaudited management accounts

(2) Adjusted for amortisation of acquired intangibles, share based payment charges and foreign exchange gains

(3) ARR (Annual Recurring Revenue) is the amount of revenue contracted at a point in time that is expected to recur within the next twelve months.

Enquiries

 
 D4t4 Solutions Plc                             +44 (0) 1932 893333 
  Bill Bruno, Chief Executive Officer            moreinfo@d4t4solutions.com 
  Ash Mehta, Chief Financial Officer 
 finnCap (Nominated Adviser & Joint Broker) 
  Julian Blunt / E dward Whiley, Corporate 
  Finance 
  Alice Lane, ECM                               +44 (0) 20 7220 0500 
 Canaccord Genuity (Joint Broker) 
  Simon Bridges / Andrew Potts                  +44 (0) 20 7523 8000 
 Instinctif Partners                            +44 (0) 20 7457 2020 
  Rozi Morris / Hannah Campbell/ Joe Quinlan     D4t4Solutions@instinctif.com 
 

About D4t4 Solutions plc

D4t4 Solutions plc (AIM: D4t4) was founded around a passion for helping global enterprises derive value from their data assets.

Supporting customers in financial services, retail, travel, healthcare, and telecommunications across 27 countries, D4t4 enables businesses to make smarter, informed decisions via Celebrus, the company's flagship first party product suite. Celebrus CDP automatically captures, contextualises, and activates user-based behavioural data in real-time across all digital channels. Through behavioural biometrics and analytics, Celebrus FDP helps companies prevent fraud before it happens. Celebrus CDM provides an enterprise platform that automates the integration and transformation of customer data from all relevant data sources, whether on-premises or cloud, to deliver customer and regulatory analytics.

The Group has offices in the UK, USA, India, and Australia 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.d4t4solutions.com

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October 19, 2021 02:00 ET (06:00 GMT)

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