Cerillion awaits further contract wins

There have not been any large contract wins for telecoms billing software provider Cerillion (LON:CER) this year but that could change over the coming months. The latest interims show the benefits of the contract wins from last year.
In the six months to March 2022, revenues increased from £12.8m to £16.1m. Annualised recurring revenues are £9.8m. Underlying pre-tax profit jumped from £3.8m to £6.3m.
The top three customers remain large contributors to earnings, but the customers change from year to year. Demand remains strong on the back of investment in 5G infrastructure.
The business is hig...

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