Celebrus Technologies (LSE:CLBS) reported preliminary revenue of around $23.3 million for FY26, broadly meeting expectations but significantly lower than the $38.7 million recorded in the previous year. The decline was largely attributed to changes in contract structures and revenue recognition rather than a deterioration in underlying demand. The company also reported a small adjusted loss before tax of about $0.2 million compared with an $8.7 million profit in FY25, though disciplined cost management allowed results to come in slightly ahead of market forecasts.
Software revenue declined to $20 million from $30.3 million a year earlier, including $9.4 million generated from Celebrus-branded products. Despite the drop, the company said core business activity remained stable, with much of the variation linked to accounting treatment and contractual adjustments. Annual recurring revenue rose 10.3% to $15 million, while net revenue retention stood at 97.6%. However, growth was constrained by lower spending from two banking clients and softer-than-expected new business activity, including delayed or lost deals that had been in late-stage negotiations.
Celebrus ended the year with approximately $32 million in cash, slightly higher than the prior year and with no outstanding debt, providing a solid financial foundation. Management is now focusing on strengthening its go-to-market strategy, with greater emphasis on acquiring new customers while continuing to invest in customer success initiatives aimed at maintaining strong retention. The company also reported entering FY27 with a healthy pipeline of potential deals and increasing lead generation.
The outlook remains mixed. While the company benefits from solid profitability metrics, low leverage, and supportive ARR growth, weak technical momentum and concerns around cash flow trends weigh on the near-term investment case.
More about Celebrus Technologies
Celebrus Technologies is a global data solutions provider listed on the AIM market of the London Stock Exchange. Operating in more than 30 countries, the company specializes in digital data capture, identity management, and analytics technologies designed to help organizations improve marketing effectiveness and combat fraud. Its platform enables compliant, real-time data collection across digital channels, helping businesses better understand and engage with their customers.
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