10 Apr 2018 07:00
D4t4 Solutions Plc
(the "Company", "Group" or "D4t4")
Trading update and new contract wins
D4t4 Solutions Plc (AIM: D4T4), the AIM-listed data solutions provider is delighted to announce that having secured a number of high quality contracts in the last quarter of its financial year ended 31 March 2018 (further details of which are set out below) it expects to report a very strong trading performance for the second half of the year alongside a record level of bookings, which underpins the Board's confidence for financial performance in the current financial year ending 31 March 2019.
The Company is in the process of its year end close and intends to provide a more detailed update on financial performance on 23 April 2018, in advance of this, the Directors are confident that the revenue and adjusted* profit before tax will be ahead of the comparatives for the year ended 31 March 2017.
Details of the recently converted opportunities are as follows:
Data Management:
· A major multi-year contract with a global US headquartered financial institution for our Private Cloud Data Analytics solution.
Data Collection:
· A new contract for our Celebrus data collection software with a Taiwanese bank.
· An extension of a global contract in the financial services sector with the addition of a new data collection channel using our Celebrus data collection software.
· A capacity extension contract for our Celebrus data collection software with a major online retailer in the UK.
· A capacity and functionality extension contract for our Celebrus data collection software with a major online retailer in the UK.
· A capacity extension contract for our Celebrus data collection software with a major European retailer.
· A new contract for our Celebrus data collection software with a major Japanese car manufacturer who will be utilising our GDPR compliance functionality.
*Adjusted for amortisation of acquired intangibles, share based payment charges and foreign exchange losses.
Peter Kear, D4t4's CEO, commented:
"We are delighted in our trading for the second half of the financial year, especially given the relatively quiet first half. We are also pleased to have recently secured our two largest ever contracts for our Private Cloud Analytics solution, in both cases a proportion of each will be reflected in the 2017/18 financial year with the remainder to be recognised in 2018/19 and subsequent years.. We look forward to providing the market with a more detailed update later this month."
The information contained within this announcement is deemed by the Company to constitute inside information stipulated under the Market Abuse Regulation (EU) No. 596/2014.
Enquiries
D4t4 Solutions Plc
Peter Kear, Chief Executive Officer
Carmel Warren, Chief Financial Officer
Tel: +44 (0) 1932 893333
E-mail: moreinfo@d4t4solutions.com
finnCap (Nominated Adviser & Broker)
Ed Frisby/Emily Watts , Corporate Finance
Stephen Norcross/Sultan Awan, Corporate Broking
Tel: +44 (0) 20 7220 0500
TooleyStreet Communications (IR & Media Relations)
Fiona Tooley
Tel: +44 (0) 7785 703523
E-mail: fiona@tooleystreet.com
About D4t4 Solutions Plc
D4t4 Solutions Plc (www.d4t4solutions.com) is ALL ABOUT THE DATA. We are energetically focused on solutions that enable clients to get the most from their data - from data capture through to management and analytics, D4t4 provides comprehensive products and services that drive value from our clients' information assets. We operate in Europe, North America and Asia, working with clients in the banking, insurance, retail, travel and transport, telco and automotive sectors.
D4t4 is accredited to ISO27001: Information Security Management Standard and PCI Data Security Standard. D4t4 was established in 1985 and is listed on the AIM market of the London Stock Exchange (stock code: D4T4).