Source: SFIO CRACHO, Shutterstock
Summary
- D4T4 Solutions PLC had anticipated revenue of approximately £22.8 million during FY21 ending 31 March 2021.
- D4T4 had announced six new contract wins worth around £3.0 million of revenues on 01 April 2021.
- D4T4 had a cash balance of £14.2 million as of 31 March 2021.
D4T4 Solutions PLC (LON:D4T4) is the LSE listed technology stock. D4T4’s shares have generated a return of around 98.85% in the last 12 months. The Company has been listed on LSE since 1997.
The Company will announce full year FY21 annual results on 29 June 2021.
Company Overview
D4T4 Solutions PLC is an FTSE AIM All-Share listed Company which is the provider of data solutions. It was established in 1985 with global sales and delivery in 26 countries. Moreover, the Company was formerly known as IS Solutions PLC. Furthermore, D4T4 has a customer data platform, Celebrus, which is focused on providing end to end data solutions.

(Source: Company presentation)
Key Industry Trends
According to the recent report from Grand View Research, the global big data market would reach USD 123.2 billion by 2025. The rising usage of cloud computing and the increased penetration of smartphones had accounted for a large amount of data. Therefore, the big data market would witness a boost to keep pace with this data explosion.
FY21 Trading Update (for the twelve months ended 31 March 2021, as of 19 April 2021)
D4T4 had anticipated group revenue of approximately £22.8 million and adjusted profit before tax of around £4.2 million during FY21, more than the expectations, driven by the robust business performance during the second half of FY21. Moreover, D4T4 had delivered an increase in a cash position to £14.2 million as of 31 March 2021, while it was £12.8 million as of 31 March 2020. The Company is debt-free as of 31 March 2021. The annual recurring revenue went up by around 11% to £10.6 million during FY21, ended on 31 March 2021.
Recent Developments
On 19 April 2021, the Chief Executive Officer of D4T4, Peter Kaer, had expressed his wish to retire by 30 June 2022.
On 01 April 2021, D4T4 had announced six new contract wins worth around £3.0 million of revenues for the financial year ended 31 March 2021. Moreover, these wins signify the resilience of D4T4’s Celebrus software.
On 26 March 2021, the Company had announced a share buyback programme of ordinary shares of 2 pence each in the capital of the Company for an aggregate value of up to £200,000.
Share Price Performance Analysis of D4T4 Solutions PLC

(Source: EODHD/Others, Thomson Reuters)
D4T4 shares were trading at GBX 345.00 and were up by close to 9.55% as of 19 April 2021 at 02:12 PM GMT. D4T4’s 52-week Low and High were GBX 165.00 and GBX 354.00, respectively. D4T4 Solutions PLC had a market capitalization of around £128.52 million.
Business Outlook
The Company had kickstarted FY22 on a bright note as it worked upon the contracts won during the second half of FY21. Moreover, the Company had put significant efforts to enhance the performance of the Celebrus Customer Data Platform. D4T4 had accelerated the progress on geographic expansion with the APAC office in Sydney and seeking further growth in Cary, USA and Chennai, India. D4T4 would focus on generating benefits out of record levels of recurring revenue achieved during FY21. Overall, the Board remained upbeat regarding the prospect of D4T4 underpinned by current revenue visibility, order book and pipeline of opportunities.