Business
Final results -year ended 31 March & Notice of AGM
Final results -year ended 31 March & Notice of AGM.
About this update from Celebrus Technologies Plc
[{"type":"text","content":"\n \nRNS Number : 5312S D4T4 Solutions PLC 26 June 2018 \n\nD4t4 Solutions Plc\n(the \"group\", \"D4t4\" or \"company\")\n'ALL ABOUT THE DATA'\n \nFinal results for the year ended 31 March 2018 \nand \nNotice of Annual General Meeting\n \n \nLondon: Tuesday 26 June 2018: D4t4 Solutions Plc (AIM: D4T4) publishes the group's audited Annual report and financial statements for the year ended 31 March 2018 which is available to view and download at www.d4t4solutions.com. A summary is provided below:\n \nPerformance summary: \n· The financial year recorded another strong year of profitable growth for the group and culminated in the signing of the two largest contracts in the group's history - D4t4 has also witnessed the continuing evolution of its business into the data and analytics market space with a focus on growing the Celebrus software customer base and the group's hybrid cloud data platform services \n \n· D4t4 has also successfully achieved notable sales success in North America following its recent sales and marketing investment in the region\n \n· During the period D4t4 have seen a shift in the mix of sales within the group. Firstly, through the growth in the demand for term or recurring licence sales of our Celebrus product set which had an impact on the perpetual licence sales that it has been used to in the past however, this has had the beneficial effect of increasing recurring revenue. Secondly, we have seen an increase in demand for our hybrid cloud data platform services which have developed well in the year particularly in the North American market.\n \n\n\n\nKey performance indicators\nSummary financials continuing operations\n(audited)\n\n\nYear ended\n31 March 2018\n\n\nYear ended\n31 March 2017\n\n\nYear on year \ngrowth\n\n\n\n\nRevenue:\n\n\n\n\n\n\n\n\n\n\n\n\n\nLicence sales\nProjects\nRecurring income\n\n\n£2.90m\n£12.41m\n£4.78m\n\n\n£3.71m\n£9.47m\n£4.49m\n\n\n-21.82%\n+31.06%\n+6.53%\n\n\n\n\nTotal revenue\n\n\n£20.09m\n\n\n£17.67m\n\n\n+13.71%\n\n\n\n\nGross profit\n\n\n£11.52m\n\n\n£9.86m\n\n\n+16.74%\n\n\n\n\nGP margin\n\n\n57.31%\n\n\n55.82%\n\n\n+2.67%\n\n\n\n\nProfit before tax\n\n\n£4.40m\n\n\n£4.24m\n\n\n+3.72%\n\n\n\n\nAdjusted profit before ta...