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About the company The Pelatro Group was founded in March 2013 by Subash Menon and Sudeesh Yezhuvath with the objective of offering specialised, enterprise class software solutions for customer engagement principally to telcos who face a series of challenges including market maturity, saturation and customer churn. Pelatro provides its "mViva" platform for use by customers in B2C and B2B applications, and is well positioned in the Customer Engagement space. Our technology orchestrates  the digital journey of the customers of the telcos through contextual, relevant and real time offers and loy...

4 May 2021 | 08:38am StockMarketWire.com - Telecom customer-service software group Pelatro said it had entered into a three-year framework agreement with a 'large' Asian telecom and existing customer. The customer had about 230 million subscribers, with operating companies across multiple countries. 'While we expect the incremental revenue impact during the current year to be about $100,000, it will be about $500,000 per year from 2022 onwards,' Pelatro said. At 8:38am: [LON:PTRO] Pelatro Plc share price was 0p at 40.1p Story provided by StockMarketWire.com Find out how to deal online fro...

This takes the total new business for the year to US$6.5mln in revenues 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 fi...

12 April 2021 | 07:39am StockMarketWire.com - Marketing software group Pelatro swung to a full-year loss, which it pinned on a switch of focus to recurring revenue. Pre-tax losses for the year through December amounted to $2.08 million, compared to a year-on-year profit of £1.01 million. Revenue fell 40% to £4.02 million, though recurring revenue increased to 71% of the whole, up from 44% in 2019. Pelatro said it had a 'substantial order book and good visibility over revenues' for the coming year. Current contracted revenue visibility was $6.0 million, of which $5.2 million was recurring. '...

16 February 2021 | 09:37am StockMarketWire.com - Call centre software group Pelatro said the final implementation of its flagship product had been completed in the network of its largest customer. Pelatro had won the five-year managed services contract at the end of 2019. Implementation had been in progress throughout 2020 with various geographical areas going live in stages, due to the size and complexity of the customer's network. At 9:37am: [LON:PTRO] Pelatro Plc share price was 0p at 40.1p Story provided by StockMarketWire.com Find out how to deal online from £1.50 in a SIPP, ISA or...