Cerillion Reports Record Interim Financial Results

Cerillion plc (GB:CER) has released an update.

Cerillion plc, a leading provider of billing and customer relationship software, has announced a record-breaking interim result for the first half of 2024, with revenues increasing 10% to £22.5m and annualized recurring revenue up by 14%. The company also reported a 14% boost in adjusted profit before tax to £10.5m and a 13% rise in net cash to £26.6m. This financial momentum is bolstered by significant new contract wins and a strong new customer pipeline, indicating promising growth prospects for Cerillion.

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