Pelatro PLC (LON:PTRO) said it secured contracts worth US$500,000 for 2021, taking the total new business for the year to US$6.5mln in revenues.
The company, which develops and supplies customer engagement software, said it was “confident” of meeting financial expectations.
Managing director Subash Menon said: "The continued growth in contracts augurs well for 2021 and beyond.”
Pelatro is a customer engagement software house that processes information designed to turn phone users into repeat customers of telecoms firms and mobile networks.
Integral to those efforts is the mViva suite of products that provide contextual marketing, loyalty, data monetisation and unified communications solutions to international names such as Telenor, Axiata and Singtel.
The need for the company’s technology is becoming increasingly relevant given the proliferation of electronic devices into daily human life, and by extension, the vast quantities of data generated.