Pelatro targets expanding data monetisation market; company continues to trade in line with forecast

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  • Pelatro says interim momentum continues as revenues increase
  • Pelatro says ‘we have all contracts in hand to execute and get revenue we are targeting for 2021’
Pelatro PLC - Pelatro targets burgeoning customer data market

Quick facts: Pelatro PLC

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Pelatro PLC provides contextual marketing software for use in B2C applications, with a current focus on providing software to global telecommunications companies to provide contextualised, relevant and personalised communication to its subscribers. Incorporated in early 2017, Pelatro PLC acts as a holding company for the Group.

It is headquartered in the UK with offices in the US, Brazil, Singapore and Malaysia and Global Development Centres in India, Russia and the Philippines.

28 Sep 2021

(, ) said the positive momentum seen in the first half is continuing, with the precision marking software firm able to sell an expanded product suite across its customer base.

A move into mobile advertising has started well, Pelatro’s non-executive chair Richard Day said in Tuesday’s interim results statement.

First half revenue was US$3.46mln, versus US$2.9mln in the same period last year. Recurring revenue was US$2.43mln, representing 70% of total revenue. Earnings (adjusted EBITDA) was US$1.61mln, up from US$0.66mln. Margins were 47% and earnings per share were 1.6 cents.

“The momentum we have seen in the first half of the year is being maintained, with the group being able to sell an expanded suite of products across our customer base,” Day said. “Our planned move into the mobile advertising space has started well and is throwing up some exciting prospects in non-telco areas as well.

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15 Jun 2021

() is aiming to raise at least GBP2.15mln of new capital through a share placing plus a share offer to retail investors on the platform.

Some 5.37mln new shares are being sold in a placing, priced at 40p per share. Shares sold via PrimaryBid will be priced on the same terms.

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04 Jun 2021

() has secured contracts worth roughly US$200,000 for additional modules from existing customers.

The contract wins take the total value of contracts in hand and representing 2021 revenue to around US$7mln, the telecoms-focused software firm revealed.

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28 Sep 2021

(, ) (AIM:PTRO, ) Subash Menon CEO & Co-Founder joins Proactive London to discuss their first half performance with revenue coming in at US$3.46mln, versus US$2.9mln in the same period last year.

Recurring revenue was US$2.43mln, representing 70% of total revenue. Earnings (adjusted EBITDA) was US$1.61mln, up from US$0.66mln. Margins were 47% and earnings per share were 1.6 cents.

He says they already have 67% of visibility for next year which means ‘two thirds of the revenue we are expecting in 2022 is already contracted and with us’.

27 Jul 2020

Pelatro PLC (LON:PTRO) is a software provider focussed on the telecom sector, offering telecom operators solutions for increasing revenue per subscriber, retaining subscribers, and monetising data.

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Pelatro says ‘we have all contracts in hand to execute and get revenue we…

Pelatro PLC (AIM:PTRO, FRA:7ZB) (AIM:PTRO, FRA:7ZB) Subash Menon CEO & Co-Founder joins Proactive London to discuss their first half performance with revenue coming in at US$3.46mln, versus US$2.9mln in the same period last year.

Recurring revenue was US$2.43mln, representing 70% of…

6 hours, 53 minutes ago

3 min read

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