Business
Cerillion : Interim results presentation (cerillion plc interim results presentation 1 june 2026)
Cerillion : Interim results presentation (cerillion plc interim results presentation 1 june
About this update from Cerillion Plc
Cerillion plc Interim Results for the half-year to 31 March 2026 1 June 2026 1 PRESENTATION TEAM Louis Hall Founder & CEO Greg Price CFO ▪ ▪ Joined Cerillion in May 2026 as CFO. Over 20 years' experience in senior finance roles. Previously CFO at AIM-listed, essensys plc and Checkit plc. Early career included 10 years at Diageo plc, before holding senior financial positions at Monarch Airlines and The AA. Led the MBO of the original business from Logica plc in 1999 and the IPO of Cerillion in 2016. Over 30 years' experience in the software industry. Previously held senior product, sales and management positions at Logica plc. 2 KEY HIGHLIGHTS For the six months to 31 March 2026 Largest ever contract win helped to deliver record new orders New orders more than doubled to £39.6m (H1 2025: £19.6m) £42.5m contract win in Q2 with Omantel (5-year term) Back-order book up 64% to record £82.1m at 31 March 2026 (31 March 2025: £50.2m) H1 results reflect the phasing of new orders from new and existing customers Revenue of £18.0m (H1 2025: £20.9m), annualised recurring revenue1 of £19.1m at period-end (31 March 2025: £18.2m) and adj. PBT of £5.5m (H1 2025: £9.3m) Material software licence revenue is expected to be recognised in H2/minimal recognition in H1 - Cash up 4% to £32.5m (H1 2025: £31.2m) New customer pipeline at a new high of £271m (H1 2025: £261m) - even after Omantel win Interim dividend up 15% to 5.5p (H1 2025: 4.8p) Business remains well-positioned to achieve full-year consensus market expectations 1. Annualised recurring revenue includes the annualised value of support and maintenance, managed service, Skyline and third-party hardware and hosting revenue, plus annualised term licence revenue, which is calculated as total term licence revenue divided by the contract length for each customer and excludes any deduction for financing; note this differs to Cerillion's revenue recognition policy which is to recognise core term licence revenue in full upfront when the customer has the ability and right to use the licences, rather than being 3 spread over the contract term, and includes a deduction for the financing component. OPERATIONS Major Transformation Project "This partnership with Cerillion represents an important step in Omantel's long-term transformation journey. Our focus is not only on modernisation, but on building the agility, scale, and inno...