Buy Or Sell Opportunity • May 20
Now 20% overvalued Over the last 90 days, the stock has fallen 15% to UK£13.10. The fair value is estimated to be UK£10.91, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 9.1% over the last 3 years. Earnings per share has grown by 15%. For the next 3 years, revenue is forecast to grow by 11% per annum. Earnings are also forecast to grow by 8.2% per annum over the same time period. Annonce • Apr 29
Cerillion plc Announces Release of Cerillion 26.1 with Agent2agent Capabilities Cerillion Plc announced the release of Cerillion 26.1, the latest version of its pre-integrated BSS/OSS Suite, which introduces new Agent2Agent (A2A) capabilities that enable communications services providers (CSPs) to move from siloed automation towards coordinated, multi-step process execution across systems. Building on the introduction of its AI agents and Model Context Protocol (MCP) server in the previous release, Cerillion 26.1 takes this to the next level by enabling AI agents to communicate, coordinate and execute tasks collaboratively – both within the Cerillion platform and with external systems. Cerillion's MCP server, which leverages its Open APIs, provides a consistent and secure framework for sharing context across applications within the BSS/OSS environment. At its core is Cerillion's innovative Progressive Discovery approach, designed to overcome the challenges of context management by allowing AI agents to dynamically discover and access relevant data and services as workflows evolve. These foundations now enable the introduction of A2A capabilities, allowing AI agents to operate with a shared understanding of context and to coordinate actions across multiple systems in real-time – supporting more advanced, multi-step process orchestration. Cerillion 26.1 further strengthens its standards-based, product-led approach, with a range of enhancements across the BSS/OSS Suite to improve real-time responsiveness, monetisation flexibility, and customer experience. These include: Standards leadership and interoperability, supported by Diamond-level TM Forum Open API conformance, including industry-leading Real World Open API certifications and continued progress in ODA Component conformance; Expanded event-driven capabilities, enabling real-time notifications for key lifecycle events and supporting more responsive, automated workflows; Enhanced charging and policy control, with more flexible quota management and QoS-based rating and discounting; Improved mobile app customer journeys, streamlining onboarding, product changes, and in-app payment experiences; Greater operational visibility and reliability, including enhanced inventory monitoring and diagnostics. These enhancements are delivered as part of Cerillion's core BSS/OSS Suite, reinforcing its product-led approach and reducing the need for bespoke integration or services-heavy implementations. CSPs can adopt new capabilities more quickly, within a consistent and standardised framework designed to support scalable, repeatable deployment. Buy Or Sell Opportunity • Apr 29
Now 25% overvalued Over the last 90 days, the stock has fallen 23% to UK£13.40. The fair value is estimated to be UK£10.75, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 9.1% over the last 3 years. Earnings per share has grown by 15%. For the next 3 years, revenue is forecast to grow by 11% per annum. Earnings are also forecast to grow by 8.2% per annum over the same time period. Annonce • Apr 22
Cerillion Plc to Report First Half, 2026 Results on Jun 01, 2026 Cerillion Plc announced that they will report first half, 2026 results on Jun 01, 2026 Annonce • Apr 14
Cerillion PLC Appoints Greg Price as Board Director, Effective May 1, 2026 Cerillion PLC confirmed that Greg Price will be appointed to the Company's Board of Directors on May 1, 2026. Gregory Laurence Price, aged 50, holds or has held the following directorships in the last five years: Riverside Business Consulting Limited, Checkit plc, essensys plc, Checkit Europe Limited, essensys (UK) Limited, Checkit UK Limited, essensys (APAC Holdings) Ltd, Elektron Eye Technology Limited, essensys Inc, Hartest Precision Instruments Limited, essensys (Europe) BV, Checkit LLC, essensys (Australia) Pty Ltd, Checkit Inc, essensys (Hong Kong) Ltd, essensys (Singapore) Pte Ltd. New Risk • Mar 31
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of British stocks, typically moving 7.8% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (26% accrual ratio). Minor Risk Share price has been volatile over the past 3 months (7.8% average weekly change). Buy Or Sell Opportunity • Mar 23
Now 21% undervalued after recent price drop Over the last 90 days, the stock has fallen 11% to UK£10.40. The fair value is estimated to be UK£13.09, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 9.1% over the last 3 years. Earnings per share has grown by 15%. For the next 3 years, revenue is forecast to grow by 11% per annum. Earnings are also forecast to grow by 8.4% per annum over the same time period. Reported Earnings • Jan 15
Full year 2025 earnings: EPS exceeds analyst expectations Full year 2025 results: EPS: UK£0.56 (up from UK£0.52 in FY 2024). Revenue: UK£45.4m (up 3.7% from FY 2024). Net income: UK£16.6m (up 8.9% from FY 2024). Profit margin: 37% (up from 35% in FY 2024). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 2.7%. Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 8.1% growth forecast for the Software industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 15% per year whereas the company’s share price has increased by 11% per year. Valuation Update With 7 Day Price Move • Jan 09
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to UK£14.30, the stock trades at a forward P/E ratio of 25x. Average forward P/E is 23x in the Software industry in the United Kingdom. Total returns to shareholders of 21% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at UK£10.52 per share. Buy Or Sell Opportunity • Jan 08
Now 25% overvalued Over the last 90 days, the stock has fallen 7.6% to UK£14.00. The fair value is estimated to be UK£11.18, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 9.1% over the last 3 years. Earnings per share has grown by 15%. For the next 3 years, revenue is forecast to grow by 11% per annum. Earnings are also forecast to grow by 8.4% per annum over the same time period. Upcoming Dividend • Jan 08
Upcoming dividend of UK£0.11 per share Eligible shareholders must have bought the stock before 15 January 2026. Payment date: 24 February 2026. Payout ratio is a comfortable 27% and this is well supported by cash flows. Trailing yield: 1.1%. Lower than top quartile of British dividend payers (5.5%). Lower than average of industry peers (2.2%). Reported Earnings • Nov 27
Full year 2025 earnings: EPS exceeds analyst expectations Full year 2025 results: EPS: UK£0.56 (up from UK£0.52 in FY 2024). Revenue: UK£45.4m (up 3.7% from FY 2024). Net income: UK£16.6m (up 8.9% from FY 2024). Profit margin: 37% (up from 35% in FY 2024). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 2.7%. Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 8.1% growth forecast for the Software industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth. Buy Or Sell Opportunity • Nov 26
Now 21% overvalued Over the last 90 days, the stock has fallen 3.5% to UK£13.60. The fair value is estimated to be UK£11.28, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 12% over the last 3 years. Earnings per share has grown by 19%. For the next 3 years, revenue is forecast to grow by 12% per annum. Earnings are also forecast to grow by 10% per annum over the same time period. Annonce • Nov 25
Cerillion Plc, Annual General Meeting, Feb 19, 2026 Cerillion Plc, Annual General Meeting, Feb 19, 2026. Annonce • Nov 24
Cerillion plc Proposes Final Dividend for the Year Ended 30 September 2025, Payable on 24 February 2026 The Board of Cerillion Plc proposed a 15% increase in the final dividend to 10.6 pence per share (2024: 9.2 pence) or the Year Ended 30 September 2025. Together with the interim dividend of 4.8 pence per share (2024: 4.0 pence), this brings the total dividend for the year to 15.4 pence per share (2024: 13.2 pence), an increase of 17%. The dividend, which is subject to shareholder approval at the Company's Annual General Meeting on 19 February 2026, is payable on 24 February 2026 to those shareholders on the Company's register as at the close of business on the record date of 16 January 2026. The ex-dividend date is 15 January 2026. Annonce • Oct 30
Cerillion plc Announces Launch of Cerillion 25.2 with New MCP Server and Suite of AI Agents Cerillion plc announced the launch of Cerillion 25.2, which features a new Model Context Protocol ("MCP") Server and a powerful suite of AI Agents that brings conversational intelligence to all aspects of a Communications Services Provider's business. The Cerillion Billing Agent is at the heart of the new release and is the Company's first fully featured AI Agent, which enables users to ask questions, explore insights and obtain clear explanations about bills, payments and transactions through natural language conversation. It may be used by both customer service representatives in call centres and end-users via Cerillion's Self Service portal and Mobile App. The new AI Billing Agent transforms the way in which Cerillion's customers, and their end-customers, interact with financial information. The new suite of AI Agents delivers intelligent, conversational experiences over all major business domains. They represent an advance on earlier AI Assistants, and include Sales Agent, Workflow Agent, Catalogue Agent, and Promotions Agent. Each is focused on enabling users to manage complex operations, streamline decisions, and arrive at outcomes faster through a natural, chat-based interface. All the AI Agents are powered by Cerillion's new MCP Server, which provides a foundation for multi-agent collaboration, and are integrated with Cerillion's TM Forum-certified Open APIs. The MCP Server enables seamless integration of AI Agents with external MCP servers and third-party AI systems, giving Cerillion's customers the freedom to build a connected AI ecosystem tailored to their business. Cerillion 25.2 also delivers a series of major platform enhancements that further strengthen its position as the industry's most open and composable BSS/OSS suite. The new Service Catalogue is a new module in the Cerillion suite and is designed to make it easier for customers to define and manage resource-facing services. Built on the same publishing engine and lifecycle management framework as the Enterprise Product Catalogue, which is used to manage customer-facing products and offers, the Service Catalogue provides a unified approach to configuration and governance, while operating independently to define how services are fulfilled. Together, the Enterprise Product Catalogue and Service Catalogue provide a seamless link between product design and service fulfilment, and therefore dramatically accelerate the time to configure, test and launch new offerings. Cerillion's Mobile App now uses the same composable technology framework introduced with Cerillion's next-generation Self Service platform, enabling customers to tailor features, user journeys and digital experiences to their exact needs. Importantly, the Mobile App can be deployed either as a companion to Self Service or as a fully standalone mobile experience, offering maximum flexibility and re-use of components across digital channels. The new release also launches a completely refreshed Interconnect Manager with a new user interface and cloud deployment capability. It delivers a more intuitive experience and improves operational efficiency for managing interconnect partner settlements, routing and billing. Reinforcing Cerillion's commitment to open standards, the Company has achieved its first two TM Forum Open Digital Architecture Component Certifications. This is a key milestone in ensuring interoperability and future-proofing for customers. Annonce • Oct 28
Cerillion Plc to Report Fiscal Year 2025 Results on Nov 24, 2025 Cerillion Plc announced that they will report fiscal year 2025 results on Nov 24, 2025 Annonce • Oct 24
Cerillion plc Provides Earnings Guidance for the Year Ended September 30, 2025 Cerillion Plc provided earnings guidance for the year ended September 30, 2025. For the period, revenue is expected to be approximately £45.3 million (2024: £43.8 million), reflecting the timing of contract wins . Annonce • Jun 13
Cerillion Plc has completed a Follow-on Equity Offering in the amount of £45.649425 million. Cerillion Plc has completed a Follow-on Equity Offering in the amount of £45.649425 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 3,043,295
Price\Range: £15
Transaction Features: Regulation S; Subsequent Direct Listing Valuation Update With 7 Day Price Move • Jun 12
Investor sentiment deteriorates as stock falls 18% After last week's 18% share price decline to UK£15.70, the stock trades at a forward P/E ratio of 28x. Average forward P/E is 26x in the Software industry in the United Kingdom. Total returns to shareholders of 88% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at UK£8.77 per share. Annonce • Jun 12
Cerillion Plc has filed a Follow-on Equity Offering in the amount of £20.00001 million. Cerillion Plc has filed a Follow-on Equity Offering in the amount of £20.00001 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 1,333,334
Price\Range: £15
Transaction Features: Regulation S; Subsequent Direct Listing Annonce • May 22
Cerillion plc Declares Interim Dividend, Payable on 20 June 2025 Cerillion Plc Board declared an increased interim dividend of 4.8 pence per share (First Half 2024: 4.0 pence), a 20% rise year-on-year. The interim dividend will become payable on 20 June 2025 to shareholders on the Company's register as at the close of business on the record date of 30 May 2025. The ex-dividend date is 29 May 2025. Declared Dividend • May 21
First half dividend increased to UK£0.048 Dividend of UK£0.048 is 20% higher than last year. Ex-date: 29th May 2025 Payment date: 20th June 2025 Dividend yield will be 0.8%, which is lower than the industry average of 1.7%. Payout Ratios Payout ratio: 27%. Cash payout ratio: 36%. Buy Or Sell Opportunity • May 16
Now 21% overvalued after recent price rise Over the last 90 days, the stock has risen 9.9% to UK£18.35. The fair value is estimated to be UK£15.13, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 17% over the last 3 years. Earnings per share has grown by 27%. For the next 3 years, revenue is forecast to grow by 10% per annum. Earnings are also forecast to grow by 8.4% per annum over the same time period. Annonce • May 12
Cerillion Plc to Report First Half, 2025 Results on May 19, 2025 Cerillion Plc announced that they will report first half, 2025 results on May 19, 2025 New Risk • May 11
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of British stocks, typically moving 7.7% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (36% accrual ratio). Minor Risk Share price has been volatile over the past 3 months (7.7% average weekly change). Valuation Update With 7 Day Price Move • Apr 23
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to UK£15.50, the stock trades at a forward P/E ratio of 29x. Average forward P/E is 21x in the Software industry in the United Kingdom. Total returns to shareholders of 99% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at UK£15.24 per share. Upcoming Dividend • Jan 09
Upcoming dividend of UK£0.092 per share Eligible shareholders must have bought the stock before 16 January 2025. Payment date: 20 February 2025. Payout ratio is a comfortable 26% and this is well supported by cash flows. Trailing yield: 0.8%. Lower than top quartile of British dividend payers (5.9%). Lower than average of industry peers (1.7%). Annonce • Nov 20
Cerillion plc Proposes Final Dividend for the Year Ended 30 September 2024, Payable on 20 February 2025 The board of Cerillion plc proposed a 15% increase in the final dividend to 9.2 pence per share for the year ended 30 September 2024 (2023: 8.0 pence). Together with the interim dividend of 4.0 pence per share (2023: 3.3 pence), this brings the total dividend for the year to 13.2 pence per share (2023: 11.3 pence), an increase of 17%. The dividend, which is subject to shareholder approval at the Company's Annual General Meeting to be held on 13 February 2025, is payable on 20 February 2025 to those shareholders on the Company's register as at the close of business on the record date of 17 January 2025. The ex-dividend date is 16 January 2025. Reported Earnings • Nov 19
Full year 2024 earnings: EPS exceeds analyst expectations Full year 2024 results: EPS: UK£0.52 (up from UK£0.44 in FY 2023). Revenue: UK£43.8m (up 12% from FY 2023). Net income: UK£15.3m (up 18% from FY 2023). Profit margin: 35% (up from 33% in FY 2023). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 4.8%. Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 7.9% growth forecast for the Software industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 27% per year whereas the company’s share price has increased by 29% per year. Annonce • Nov 14
Cerillion Plc to Report Fiscal Year 2024 Results on Nov 18, 2024 Cerillion Plc announced that they will report fiscal year 2024 results on Nov 18, 2024 Price Target Changed • Oct 23
Price target increased by 10% to UK£18.32 Up from UK£16.65, the current price target is an average from 6 analysts. New target price is approximately in line with last closing price of UK£17.60. Stock is up 46% over the past year. The company is forecast to post earnings per share of UK£0.49 for next year compared to UK£0.44 last year. Annonce • Oct 21
Cerillion plc Provides Earnings Guidance for the Year Ended September 30, 2024 Cerillion Plc provided earnings guidance for the year ended September 30, 2024. For the period, Revenue is expected to be approximately £43.8 million (2023: £39.2 million). Annonce • May 16
Cerillion Plc Declares Interim Dividend for the Six Months Ended 31 March 2024, Payable on 21 June 2024 Cerillion Plc announced that Board declared an increased interim dividend of 4.0 pence per share (H1 2023: 3.3 pence) for the six months ended 31 March 2024, a 21% rise year-on-year. The interim dividend will become payable on 21 June 2024 to shareholders on the Company's register as at the close of business on the record date of 31 May 2024. The ex-dividend date is 30 May 2024. Declared Dividend • May 15
First half dividend increased to UK£0.04 Dividend of UK£0.04 is 21% higher than last year. Ex-date: 30th May 2024 Payment date: 21st June 2024 Dividend yield will be 0.8%, which is lower than the industry average of 1.7%. Payout Ratios Payout ratio: 24%. Cash payout ratio: 46%. Annonce • Apr 30
Cerillion Harnesses Genai Image Recognition to Accelerate Time-To-Market in New Product Release Cerillion Plc announced the launch of Cerillion 24.1, which exploits the latest GenAI-powered image recognition technology to completely transform how communications services providers (CSPs) design and build new products and services. First showcased at MWC Barcelona in February and now generally available in this new product release, Cerillion's innovative approach takes users straight from concept to configuration, automatically creating new products, packages and workflows based on pictures and diagrams, whilst being designed for commercial and customer data privacy from the outset: Sketch out a new product idea on a whiteboard and upload a picture to build the configuration in Enterprise Product Catalogue, cutting the product development lifecycle by up to 95%. Import a swimlane process flow diagram and see it turned into the corresponding job steps, actions and dependencies in Service Manager, streamlining order management and service fulfilment. Migrate seamlessly from legacy systems, using image recognition to create new configuration from scratch, instead of having to transform from complex and disparate data structures. Annonce • Apr 24
Cerillion plc Provides Earnings Guidance for the Six Months Ending 30 September 2024 Cerillion Plc provided earnings guidance for the six months ending 30 September 2024. For the period, the company expects Revenue is expected to be approximately £22.5 million (H1 2023: £20.5 million). Annonce • Apr 23
Cerillion Plc to Report First Half, 2024 Results on May 13, 2024 Cerillion Plc announced that they will report first half, 2024 results on May 13, 2024 Upcoming Dividend • Dec 21
Upcoming dividend of UK£0.08 per share at 0.7% yield Eligible shareholders must have bought the stock before 28 December 2023. Payment date: 08 February 2024. Payout ratio is a comfortable 26% and this is well supported by cash flows. Trailing yield: 0.7%. Lower than top quartile of British dividend payers (5.8%). Lower than average of industry peers (1.7%). Recent Insider Transactions • Nov 24
Chief Operating Officer recently sold UK£65k worth of stock On the 20th of November, Mark Nicholls sold around 5k shares on-market at roughly UK£13.05 per share. This transaction amounted to 9.1% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Mark has been a net seller over the last 12 months, reducing personal holdings by UK£141k. New Risk • Nov 21
New major risk - Earnings quality The company has a high level of non-cash earnings. Accrual ratio: 49% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. This is currently the only risk that has been identified for the company. Annonce • Nov 21
Cerillion Plc Proposes Final Dividend, Payable on 8 February 2024 The Board of Cerillion Plc proposed a 23% increase in the final dividend to 8.0 pence per share (2022: 6.5 pence). Together with the interim dividend of 3.3 pence per share (2021: 2.6 pence), this brings the total dividend for the year to 11.3 pence per share (2022: 9.1 pence), an increase of 24%. The dividend, which is subject to shareholder approval at the Company's Annual General Meeting to be held on 1 February 2024, will be payable on 8 February 2024 to those shareholders on the Company's register as at the close of business on the record date of 29 December 2023. The ex-dividend date is 28 December 2023. Annonce • Nov 20
Cerillion Plc, Annual General Meeting, Feb 01, 2024 Cerillion Plc, Annual General Meeting, Feb 01, 2024. Annonce • Nov 08
Cerillion Powers Up BSS/OSS Suite with GenAI Launch Cerillion unveiled Cerillion 23.2, the latest release of its pre-integrated BSS/OSS suite, which transforms the product lifecycle for CSPs using generative AI (GenAI) to rapidly build new products and packages. For the first time, product managers can use natural language voice and text instructions to describe the offerings they want to create, and GenAI constructs the corresponding product catalogue configuration in a matter of seconds, ready for validation and launch. Cerillion's single product model and policy of configuration not customisation already puts enormous flexibility in the hands of the users. Now, as CSPs refocus their strategies on revenue growth, the new GenAI integration takes this to the next level by opening up the full power of Cerillion'sEnterprise Product Catalogue to non-technical teams, whilst retaining the business controls and guard rails needed for data integrity and revenue assurance. Other highlights in this release include: Sales Acceleration. The sales process has been completely re-imagined providing a fully configurable workflow from catalogue to checkout, using an API-first architecture to offer the same flexibility across all sales channels, from call centre and dealers to self-service and apps. Initially focused on mobile services, the new sales engine will be further extended in future releases to span the full spectrum of multi-play services. Total Experience. CRM Plus dashboards have been extended using low-code/no-code "cards" to enable easy integration of data from 3rd party systems, providing CSRs with a single pane of glass for all customer service activities, speeding up customer interactions and improving the employee experience. Standards-based Integration. Cerillion has continued to extend the certification of its TM Forum Open APIs, with conformance achieved for TMF673 Geographic Address Management, and four further real-world certifications, underlining its commitment to an API-first architecture that drives both internal business processes and external integration. Customer Experience. Cerillion's Mobile App has been enhanced to support balance transfers from one user to another, allowing family members or friends to help each other out by transferring unused data or excess credit to someone in need. Business Productivity. Cerillion 23.2 now includes a comprehensive Office365 Add-in, allowing business users to easily lookup Cerillion account information directly from their emails, using the same system of configurable "cards" to specify the layout and visibility of key data. From here, users can perform quick actions such as creating new Leads and recording Events, streamlining the user experience and ensuring a full history of correspondence is maintained for each Account. Annonce • Nov 07
Cerillion plc Announces Launch of Cerillion 23.2 Incorporating Generative AI Cerillion announced that it has introduced Generative AI ("GenAI") into the latest release of its product suite, Cerillion 23.2. This new release incorporates GenAI that specifically enables communications services providers ("CSPs") to build and launch new products and packages into the market with unprecedented speed and ease, thereby potentially radically transforming the product lifecycle for CSPs. The new release of Cerillion's pre-integrated BSS/OSS1 suite enables CSP product managers to use natural language voice and text instructions to describe the offerings they want to create, with GenAI constructing the corresponding product catalogue configuration in a matter of seconds, ready for validation and launch. Cerillion's single product model, and policy of configuration rather than customisation, already gives CSP's technical teams considerable flexibility. The integration of GenAI now enables non-technical teams to participate more easily in the creation of new products, whilst also retaining the business controls needed for data integrity and revenue assurance. Other highlights of Cerillion 23.2 include a new, upgraded sales engine, which provides a fully configurable workflow using an API-first architecture that offers the same flexibility across all sales channels, from call centres and dealers to self-service and apps. Improved CRM Plus dashboards have been introduced, which enable easy integration of data from third party systems. Innovations have also been made to the end-customer experience through Cerillion's Mobile App, enabling unused data or excess credit to be shared between users, and Cerillion has continued to extend the certification of its TM Forum Open APIs. Major Estimate Revision • Oct 18
Consensus EPS estimates increase by 12% The consensus outlook for earnings per share (EPS) in fiscal year 2023 has improved. 2023 revenue forecast increased from UK£38.2m to UK£39.0m. EPS estimate increased from UK£0.374 to UK£0.417 per share. Net income forecast to grow 13% next year vs 13% growth forecast for Software industry in the United Kingdom. Consensus price target broadly unchanged at UK£14.63. Share price rose 13% to UK£12.00 over the past week. Annonce • Oct 16
Cerillion plc Provides Earnings Guidance for the Year Ended September 30, 2023 Cerillion Plc provided earnings guidance for the year ended September 30, 2023. For the period, Revenue is expected to be approximately £39.0m, with sales to existing customers significantly greater than any previous year, reflecting the growing value of the installed base. Annonce • Oct 14
Cerillion Plc to Report Fiscal Year 2023 Final Results on Nov 20, 2023 Cerillion Plc announced that they will report fiscal year 2023 final results on Nov 20, 2023 Valuation Update With 7 Day Price Move • Oct 09
Investor sentiment deteriorates as stock falls 22% After last week's 22% share price decline to UK£10.40, the stock trades at a forward P/E ratio of 26x. Average forward P/E is 29x in the Software industry in the United Kingdom. Total returns to shareholders of 250% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at UK£9.08 per share. Valuation Update With 7 Day Price Move • Jun 05
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to UK£14.05, the stock trades at a forward P/E ratio of 35x. Average forward P/E is 28x in the Software industry in the United Kingdom. Total returns to shareholders of 353% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at UK£7.17 per share. Upcoming Dividend • May 25
Upcoming dividend of UK£0.033 per share at 0.8% yield Eligible shareholders must have bought the stock before 01 June 2023. Payment date: 23 June 2023. Payout ratio is a comfortable 25% and this is well supported by cash flows. Trailing yield: 0.8%. Lower than top quartile of British dividend payers (5.8%). Lower than average of industry peers (1.8%). Reported Earnings • May 16
First half 2023 earnings released: EPS: UK£0.23 (vs UK£0.16 in 1H 2022) First half 2023 results: EPS: UK£0.23 (up from UK£0.16 in 1H 2022). Revenue: UK£20.5m (up 27% from 1H 2022). Net income: UK£6.92m (up 43% from 1H 2022). Profit margin: 34% (up from 30% in 1H 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 7.6% growth forecast for the Software industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 44% per year but the company’s share price has increased by 62% per year, which means it is tracking significantly ahead of earnings growth. Annonce • May 04
Cerillion Plc to Report First Half, 2023 Results on May 15, 2023 Cerillion Plc announced that they will report first half, 2023 results on May 15, 2023 Upcoming Dividend • Dec 22
Upcoming dividend of UK£0.065 per share Eligible shareholders must have bought the stock before 29 December 2022. Payment date: 08 February 2023. Payout ratio is a comfortable 29% and this is well supported by cash flows. Trailing yield: 0.7%. Lower than top quartile of British dividend payers (5.8%). Lower than average of industry peers (1.8%). Recent Insider Transactions • Dec 05
Chief Operating Officer recently sold UK£76k worth of stock On the 28th of November, Mark Nicholls sold around 6k shares on-market at roughly UK£12.19 per share. This transaction amounted to 10% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was Mark's only on-market trade for the last 12 months. Reported Earnings • Nov 29
Full year 2022 earnings: EPS and revenues exceed analyst expectations Full year 2022 results: EPS: UK£0.32 (up from UK£0.22 in FY 2021). Revenue: UK£32.7m (up 26% from FY 2021). Net income: UK£9.34m (up 45% from FY 2021). Profit margin: 29% (up from 25% in FY 2021). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 2.0%. Earnings per share (EPS) also surpassed analyst estimates by 12%. Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 9.2% growth forecast for the Software industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 45% per year but the company’s share price has increased by 78% per year, which means it is tracking significantly ahead of earnings growth. Price Target Changed • Nov 28
Price target increased to UK£13.18 Up from UK£11.96, the current price target is an average from 6 analysts. New target price is 14% above last closing price of UK£11.60. Stock is up 41% over the past year. The company is forecast to post earnings per share of UK£0.28 for next year compared to UK£0.22 last year. Annonce • Nov 28
Cerillion Plc, Annual General Meeting, Feb 02, 2023 Cerillion Plc, Annual General Meeting, Feb 02, 2023. Annonce • Nov 23
Cerillion Plc to Report Fiscal Year 2022 Results on Nov 28, 2022 Cerillion Plc announced that they will report fiscal year 2022 results on Nov 28, 2022 Board Change • Nov 16
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Independent Non-Executive Director Mike Dee was the last independent director to join the board, commencing their role in 2016. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Annonce • Oct 26
Cerillion plc Releases Latest Version of Product Set Cerillion Plc announced the release of Cerillion 22.2, the latest version of its product suite, predominantly used by telecommunications companies. This new release features in particular a major upgrade of the 'Wholesale Gateway' module, which supports the automation of the wholesale operations of network operators ("NetCos"). The upgraded module speeds up the on-boarding process of NetCos' new service provider partners ("ServCos"). It also simplifies the integration of business support systems between NetCos and ServCos, whilst providing a high level of security for NetCos through a dedicated authorisation layer and comprehensive API (application programming interfaces) management policies. The upgraded module builds on the Company's long-established experience in providing business support systems/operations support systems solutions ("BSS/OSS") to both wholesale and retail Communications Service Providers ("CSPs"). It comes at a time when CSPs are increasingly separating the functions of network operations and service provision into two distinct business entities. Investor interest is also supporting this structural separation. Cerillion 22.2 also introduces further flexibility for CSPs to tailor the product to their individual requirements. Custom fields and page layouts can now be adapted with an intuitive drag-and-drop page editor. This allows system administrators to make adaptations quickly and easily, without the need for code changes, while still benefitting from all the commercial and operational advantages of using a SaaS product. Valuation Update With 7 Day Price Move • Oct 25
Investor sentiment improved over the past week After last week's 19% share price gain to UK£12.00, the stock trades at a forward P/E ratio of 42x. Average forward P/E is 27x in the Software industry in the United Kingdom. Total returns to shareholders of 563% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at UK£6.69 per share. Annonce • Oct 24
Cerillion Plc Provides Revenue Guidance for the Year Ended September 30, 2022 Cerillion Plc provided revenue guidance for the year ended September 30, 2022. As a consequence, whilst revenue is expected to be marginally ahead of market expectations, adjusted profit before tax for the financial year is now expected to be materially ahead of the consensus market forecast of £10.1million. Price Target Changed • Oct 03
Price target increased to UK£11.47 Up from UK£10.68, the current price target is an average from 5 analysts. New target price is 22% above last closing price of UK£9.40. Stock is up 13% over the past year. The company is forecast to post earnings per share of UK£0.25 for next year compared to UK£0.22 last year. Price Target Changed • Sep 07
Price target increased to UK£11.58 Up from UK£10.68, the current price target is an average from 2 analysts. New target price is 24% above last closing price of UK£9.30. Stock is up 19% over the past year. The company is forecast to post earnings per share of UK£0.25 for next year compared to UK£0.22 last year. Upcoming Dividend • May 19
Upcoming dividend of UK£0.026 per share Eligible shareholders must have bought the stock before 26 May 2022. Payment date: 17 June 2022. Payout ratio is a comfortable 27% and this is well supported by cash flows. Trailing yield: 0.9%. Lower than top quartile of British dividend payers (4.8%). Lower than average of industry peers (2.2%). Reported Earnings • May 10
First half 2022 earnings released First half 2022 results: Revenue: (down 100% from 1H 2021). Net income: (down UK£2.87m from profit in 1H 2021). Profit margin: (down from 22% in 1H 2021). The decrease in margin was driven by lower expenses. Over the next year, revenue is forecast to grow 15%, compared to a 26% growth forecast for the industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 53% per year but the company’s share price has increased by 72% per year, which means it is tracking significantly ahead of earnings growth. Annonce • May 10
Cerillion plc Declares Interim Dividend, Payable on 17 June 2022 Cerillion Plc Board declared an increased interim dividend of 2.6 pence per share (First half 2021: 2.1 pence), 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. Annonce • May 09
Cerillion Plc to Report First Half, 2022 Results on May 09, 2022 Cerillion Plc announced that they will report first half, 2022 results on May 09, 2022 Price Target Changed • Apr 27
Price target increased to UK£10.40 Up from UK£8.47, the current price target is an average from 3 analysts. New target price is 30% above last closing price of UK£8.00. Stock is up 29% over the past year. The company posted earnings per share of UK£0.22 last year. Board Change • Apr 27
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Independent Non-Executive Director Mike Dee was the last independent director to join the board, commencing their role in 2016. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Annonce • Apr 19
Cerillion plc Provides Revenue Guidance for the Six Months Ended 31 March 2022 Cerillion Plc provided revenue guidance for the six months ended 31 March 2022. For the period, the company revenue is expected to be 26% higher year-on-year at approximately £16.1 million (first half 2021: £12.8 million). 