The Cerillion PLC Board is to declare an increased interim dividend of 2.6p per share (H1 2021: 2.1p), a 24% rise year-on-year. The interim dividend will become payable on 17 June 2022 to those shareholders on the Company's register as at the close of business on the record date of 27 May 2022 The ex-dividend date is 26 May 2022.
Other financial highlight include:
Revenue up 26% to £16.1m (H1 2021: £12.8m) reflecting ongoing major implementation projects for new customers and new orders from existing customers
Annualised recurring revenue at 31 March 2022 up 9% to £9.8m (H1 2021: £9.0m), with increased uptake of managed services
Adjusted EBITDA up 50% to £7.2m (H1 2021: £4.8m)
Adjusted profit before tax up 65% to £6.3m (2021: £3.8m)
Total new orders decreased to £10.9m (H1 2021: £23.6m), however new orders from existing customers increased by 12% to £10.9m (H1 2021: £9.7m) and the new customer pipeline is up 31% to £172m (H1 2021: £131m), a new record level
o new major customer signings are expected in H2 and beyond
Strong back order book maintained at £39.7m (H1 2021: £42.1m)
Adjusted earnings per share up 62% to 18.6p (2021: 11.5p)
Net cash up 114% to £16.5m (31 March 2021: £7.7m)
