Pelatro lands contract with Asian telecoms group, says 2020 results will be in line with expectations
The company said its re-positioning phase has now passed, and management is looking forward to healthy revenue growth in 2021
Company
Pelatro PLC
LON:PTRO
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.
43 stories · page 2 of 3
Pelatro lands another recurring revenue contract
The switch to an annual recurring revenue model is picking up pace
Pelatro targets expanding data monetisation market
Pelatro PLC (LON:PTRO) is a customer engagement software house which processes information designed to turn phone users into repeat customers of telecoms firms and mobile networks
Pelatro unveils new contract, anticipates second half weighting of revenues
The expanded contract, for a large telco group, is expected to contribute around US$1.5mln in revenues over a five year period
Pelatro raises new funds for sales, marketing and working capital
The fundraising is conditional on a general meeting to be held on August 20
Pelatro picks up US$2mln telecom customer upgrade
The award underpins the board's confidence in this year's market expectations, Pelatro said.
Pelatro's bigger recurring revenues should be catalyst for re-rating, says Cenkos
Growth in annualised recurring revenue “should lead the company to fully recover its cash cost base, possibly as early as the end of fiscal 2021,” the analysts said
Proactive news headlines: Pelatro, Panther Metals, ReNeuron Group, Metal Tiger …
A glance at some of the day's highlights from the Proactive Investors newswire
Pelatro reiterates 2020 expectations as revenue visibility rises
The customer engagement software specialist said it is aiming to increase its recurring revenues to “low double digits in the next two to three years”
Pelatro a difference-maker for mobile phone companies
The company processes huge swathes of data with the aim of turning subscribers users into loyal repeat customers
Pelatro's focus on recurring revenues should bear fruit, says broker
“Management is targeting the growth in recurring revenues to cover the cash cost base of the company by 2022," Cenkos said. “This event will mark a material de-risking of the investment case and is the pathway to the share price doubling or
Archive
Small Cap Wrap - The Pebble Group; Touchstar; Pelatro; Yourgene Health and more
Dish of the day Sapo PLC - Seeks to invest in the developing market for rural broadband in the UK. NEX. Raised £290k. Mkt Cap £1.7m. Left AIM in June 2018.
Archive
Oilex falls flat as bid date extended for Indian field
A look at the day's major movers, including red Emperor Resources, SimiGon, and Echo Energy
Investments and investor services
K3 Business bemoans Brexit-related disruption
A look at some of the day's major movers, including Helical, Modern Water, Local Shopping REIT, Team17, TechFinancials, Westminster Group, Verditek and Pelatro
Archive
FTSE 100 closes higher as global growth fears ease, but Carnival shares sink
The UK's premier index closed up nearly 19 points at 7,169, while FTSE 250 added over 96 at 8,896
Archive
Fizzy drinks on the table as Fevertree Drinks and AG Barr both provide updates
Aside from the fizzy drinks firms, the Day Ahead will also bring updates from plumbing and heating products supplier Ferguson and North West Water firm United Utilities
Investments and investor services
FTSE 100 closes near flat as traders sit on hands ahead of Fed
The UK blue-chip index closed nearly four points higher at 7,511
Archive
Expected US interest rate hike to draw the attention Wednesday, as Trump trade wars rumble on
Aside from the US interest rate decision, corporate updates are due from online fashion retailer Boohoo Group, outsourcer MITIE, and automotive services firm The AA ...