Celebrus Technologies – already flagged poor results next Tuesday could see cash-rich group’s shares, now 86p, reacting into new trading range

Mark Watson-Mitchell - 09.07.2026

I am looking forward to seeing just how the Management of Celebrus Technologies (LON:CLBS) describe their last financial year’s trading, and what is more, just how the software group is doing so far in this current year.

My guess is that the massive fall-off in revenues, from $38.7m in 2025 to just $23.3m in the year to end-March 2026, will make a few investor’s eyes water.

The poor trading, however, has already been pre-warned, so perhaps share price annihilation will not be the outcome of the results being announced next Tuesday, 14^th July.

In the last year the group’s shares have fallen from 194p, seen in mid-September, to just 74p scored at the start of this month.

However, me thinks that there could a bit of an interesting opportunity with this £33m-capitalised business – it boasts some $32m of cash in its balance sheet.

The Business

Celebrus Technologies was founded around a passion for helping brands improve their relationships with their consumers via better data.

Supporting customers in financial services, retail, travel, healthcare, and telecommunications across over 27 countries, it enables businesses to make smarter, informed decisions via Celebrus, the company's flagship first-party data product suite.

Celebrus automatically captures, contextualises, and activates user-based behavioural data in real-time across all digital channels.

Through behavioural biometrics and analytics, the group helps companies prevent fraud before it happens.

Celebrus Cloud provides an enterprise platform that automates and enables organisations to get better value from the group’s software in a more efficient manner.

With some 151 employees, the business has offices in the UK, the USA, and India with key talent in all markets to drive the growth of the business.

Finals Trading Update

On Thursday, 9^th April, the group reported that it expects full-year revenues for FY26 to be approximately $23.3m, with an adjusted pre-tax loss of around $0.2m, reflecting cost control despite changes in contractual arrangements impacting revenue recognition.

While Annual Recurring Revenue (ARR) increased to $15.0m and Net Revenue Retention was 97.6%, new business underdelivered due to lost or delayed deals, and two banking customers having reduced their footprint.

The company ended the year with a debt-free cash balance of $32.0m and is focused on improving new business generation consistency in FY27, with a strong pipeline and new leads.

Management Comment

CEO Bill Bruno stated that:

"FY26 was a year comprised of a mix of both success and failure as a business.

We continued to prove our ability to retain and grow our existing customers, and thus the stickiness of our software, but struggled with building consistency in securing new logos to add to the mix.

The start of FY26 had some key wins, but the end of the year saw several prospective deals, that were fully negotiated, being lost or suffering delays for various reasons.

We have made adjustments to the business based upon our learnings from FY26.

The team is focused on winning and is hungry to deliver better ARR growth in FY27."

Outlook

Along with the Update the company noted that it was focused on optimising its approach in the market and improving consistency in new business generation.

Its investment into Customer Success gives it confidence in its ability to retain customers, but it is faced with the challenge of building better consistency for winning new logos and the group has made several changes to support its customer services.  

The company stated that its pipeline remained strong and that it has started FY27 with a good influx of new leads.

The Equity

There are some 38.91m shares in issue.

The larger holders include Mission Trail Capital Management (29.58%), Investec Wealth & Investment (9.79%), TrinityBridge (9.37%), Canaccord Genuity Wealth (7.98%), Herald Investment Management (4.99%), Chelverton Asset Management (4.88%), Ennismore Fund Management (4.29%), Bill Bruno (0.48%), Octopus Investments (0.39%) and Rathbones Investment Management (0.36%).

Broker Views

Analysts Andrew Darley and Kimberley Carstens, at Cavendish Capital Markets, now have a 200p Target Price on its shares, down from 275p previously.

They estimate that the 2026 results next week will show revenues of $23.3m ($38.7m) and an adjusted pre-tax loss of $0.5m (profit of $8.4m), collapsing its earnings from 17.58c to a loss of 0.13c per share.

For the current year to end-March 2027, they go for $23.5m sales, a $1.4m loss, slicing earnings down further to a 2.05c negative per share.

But not all is so gloomy – for the 2028 year they have pencilled in $27.0m revenues, a $0.7m profit, generating 2.03c per share in earnings.

It is well worth noting the Management confidence in the group ‘righting’ itself – with the 2025 dividend of 3.27p per share, being estimated to be maintained last year, then also in this year and up to 3.40p per share in 2028.

The balance sheet net cash estimates for 2026 are $32.4m, then this year $32.0m, and $31.7m cash at end-March 2028.

With similar estimates, analyst Kai Korschelt, at Canaccord Genuity Capital Markets, has a 150p Target Price on its reiterating Buy note, citing the shares as a compelling risk/reward situation.

My View

“Annual Recurring Revenue, driven by selling our Celebrus software, is a core focus for the business to drive more value for our shareholders.

Our goal, given the nature of our business, is to have ARR comprise roughly 75% of our total revenues in a given year.”

Reactions to next Tuesday's results statement could well create a new share price trading range.

The Celebrus Neon Lady