Business
Half-year Report
Half-year Report.
About this update from Celebrus Technologies Plc
[{"type":"text","content":"\n \nRNS Number : 6571X D4T4 Solutions PLC 28 November 2017 \n\n \n \nD4t4 Solutions Plc\n(the \"Company, \"Group\" or \"D4t4\")\n \n'ALL ABOUT THE DATA'\n \nHalf-Year results for the six months ended 30 September 2017 \n \n\"As experienced in some previous years a higher proportion of our business is expected to close and be delivered in H2 2017. Despite a lower first half due primarily to a change in the timing of contract awards by comparison to the same period last year, the Board remains confident of achieving management expectations for the full year based on recent business wins and the depth and quality of the prospects pipeline.\"\n \nTuesday, 28 November 2017: Specialists in Data solutions, D4t4 Solutions Plc (AIM: D4T4) announces its unaudited half-year results for the six months ended 30 September 2017.\n\n\n\n\nKey highlights:\n\n\nSix months ended 30 September\n\n\n\n\n \n\n\n2017\n\n\n2016\n\n\n\n\nØ Group revenue\n\n\n£4.75m\n\n\n£10.02m\n\n\n\n\nØ Gross profit \nØ Gross profit margin\n\n\n£2.08m\n43.76%\n\n\n£5.26m\n52.50%\n\n\n\n\nØ Group adjusted pre-tax (loss) / profit *\n\n\n£(0.38)m\n\n\n£2.12m\n\n\n\n\nØ Adjusted* EPS\n\n\n(0.57)p\n\n\n5.44p\n\n\n\n\nØ +13% uplift in the interim dividend \n\n\n0.625p\n\n\n0.55p\n\n\n\n\nØ Net cash position\n\n\n£3.92m\n\n\n£0.73m\n\n\n\n\nØ Net current assets\n\n\n£4.48m\n\n\n£3.33m\n\n\n\n\n*Adjusted for amortisation of acquired intangibles, share based payment charges and foreign exchange gains\nØ The first half loss is primarily due to the timing of client contracts during 2017. The balance of business intake during the period has been similar to that experienced by us previously in FY2014-15, in that a large proportion of our business is expected to close and be delivered in H2 2017. \nØ Many of the contracts currently in negotiation (>80% by value) are with existing clients, who wish to increase either the footprint of our software or extend the use of our managed private cloud environments. \nØ Data and analytics recurring income has continued to grow and, we are currently in contractual negotiations with 14+ companies across the software licence sales, private cloud and analytical platform modernisation project areas of our business \nØ With the existing customer contracts forecast to close before the year end, recen...