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17 May 2021 | 07:32am StockMarketWire.com - Telecom customer software group Pelatro said it had secured several contracts for change requests, adding up to around $0.3 million that would be delivered in 2021. The total value of contracts in hand representing 2021 revenue was now about $6.8 million, the company said. 'Given that we have clear visibility with contracts secured for $6.8 million of revenue for 2021 so early in the year, together with the momentum we are building in our business, we are looking forward to a successful outcome this year in line with expectations,' chief executive S...

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...

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...