Breakdown | ||||
Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
---|---|---|---|---|
Income Statement | Total Revenue | |||
7.68M | 6.70M | 7.86M | 5.31M | 8.21M | Gross Profit |
7.14M | 6.06M | 3.42M | 330.84K | 2.49M | EBIT |
-15.02M | -32.42M | -31.61M | -27.41M | -26.44M | EBITDA |
-14.39M | -35.83M | -24.73M | -32.47M | -29.20M | Net Income Common Stockholders |
-13.51M | -36.48M | -24.03M | -27.34M | -26.77M |
Balance Sheet | Cash, Cash Equivalents and Short-Term Investments | |||
9.73M | 18.25M | 15.88M | 20.49M | 15.39M | Total Assets |
14.92M | 23.11M | 21.28M | 31.15M | 30.23M | Total Debt |
889.00K | 795.00K | 448.08K | 1.34M | 2.12M | Net Debt |
-8.84M | -17.45M | -15.44M | -19.15M | -13.27M | Total Liabilities |
5.35M | 6.50M | 7.51M | 5.73M | 8.87M | Stockholders Equity |
9.57M | 16.61M | 13.77M | 25.41M | 21.36M |
Cash Flow | Free Cash Flow | |||
-14.88M | -30.67M | -22.45M | -24.72M | -18.88M | Operating Cash Flow |
-14.77M | -30.60M | -22.28M | -20.52M | -14.57M | Investing Cash Flow |
-107.00K | -43.00K | -167.24K | -4.19M | -4.31M | Financing Cash Flow |
6.44M | 29.10M | 15.82M | 29.66M | 17.01M |
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
---|---|---|---|---|---|---|---|
64 Neutral | £79.21M | 102.54 | 9.60% | ― | ― | ― | |
60 Neutral | $11.39B | 10.52 | -6.21% | 2.95% | 7.68% | -11.12% | |
54 Neutral | £24.33M | 27.12 | ― | 1.58% | ― | ||
52 Neutral | £32.85M | ― | -102.60% | ― | 11.59% | 75.79% | |
50 Neutral | £21.04M | ― | -15.60% | ― | -5.21% | 76.14% |
Cirata plc announced that all resolutions proposed at its Annual General Meeting were successfully passed, including both ordinary and special resolutions. This outcome reflects strong shareholder support and enables the company to continue its strategic initiatives, including re-electing directors and authorizing share-related actions, which may impact its operational flexibility and market positioning.
Spark’s Take on GB:CRTA Stock
According to Spark, TipRanks’ AI Analyst, GB:CRTA is a Neutral.
Cirata’s overall stock score reflects major financial and technical challenges, primarily driven by continuous losses and bearish stock trends. However, recent corporate events offer potential for future growth if strategic execution succeeds. Immediate financial and operational improvements are necessary to enhance investor confidence.
To see Spark’s full report on GB:CRTA stock, click here.
Cirata plc has announced the grant of 295,000 share options to its Chief Technology Officer, Paul Scott-Murphy, under its 2025 Amended and Restated Share Option Plan and FY25 Company Bonus Plan. The options, priced at 20.46 pence per share, are part of the company’s long-term incentive strategy to align leadership with shareholder interests, reflecting Cirata’s commitment to rewarding its management team for performance and strategic alignment.
Spark’s Take on GB:CRTA Stock
According to Spark, TipRanks’ AI Analyst, GB:CRTA is a Neutral.
Cirata’s overall stock score is impacted by notable financial and technical challenges, primarily driven by continuous losses and bearish stock trends. However, recent corporate events show positive developments, offering potential for future growth if strategic execution succeeds. Immediate financial and operational improvements are necessary to enhance investor confidence.
To see Spark’s full report on GB:CRTA stock, click here.
Cirata plc reported a significant increase in total bookings for Q1FY25, reaching $3.0 million, a 330% year-over-year growth, marking the strongest Q1 since 2019. The company’s strategic partnerships, including a $2.0 million data integration contract with a leading UK retailer and a data migration service contract in the UAE, highlight its successful ‘land and expand’ strategy. Cirata also achieved a substantial reduction in cash burn, down to $1.4 million, and improved its business mix, with data integration accounting for 80% of bookings. Despite challenges in North America, the company is focusing on enhancing sales cycle predictability and expanding its market presence through strategic collaborations and product evolution.
Spark’s Take on GB:CRTA Stock
According to Spark, TipRanks’ AI Analyst, GB:CRTA is a Neutral.
The overall score reflects major financial and technical challenges, primarily driven by continuous losses and bearish stock trends. However, recent corporate events show positive developments, offering potential for future growth if strategic execution succeeds. Immediate financial and operational improvements are necessary to enhance investor confidence.
To see Spark’s full report on GB:CRTA stock, click here.
Cirata plc has released its Annual Report and Accounts for the year ending December 31, 2024, which are now available on the company’s website. The report includes a notice for the upcoming Annual General Meeting scheduled for May 8, 2025, in London. This announcement underscores Cirata’s commitment to transparency and shareholder engagement, as it continues to focus on enhancing its data integration and analytics solutions.
Spark’s Take on GB:CRTA Stock
According to Spark, TipRanks’ AI Analyst, GB:CRTA is a Neutral.
The overall score reflects major financial and technical challenges, primarily driven by continuous losses and bearish stock trends. However, recent corporate events show positive developments, offering potential for future growth if strategic execution succeeds. Immediate financial and operational improvements are necessary to enhance investor confidence.
To see Spark’s full report on GB:CRTA stock, click here.
Cirata PLC, a company involved in the acquisition or disposal of voting rights, has recently undergone a change in its shareholder structure. Far View Partners LP, based in Aspen, Colorado, has increased its voting rights in Cirata PLC from 5.45% to 6.19%, as of March 31, 2025. This change was facilitated through Goldman Sachs Securities (Nominees) Limited, based in London, UK. The notification of this change was officially made on April 1, 2025, indicating a strategic shift in the ownership dynamics of Cirata PLC.
Cirata plc has secured a $2 million, three-year contract with a leading UK retailer, marking a significant expansion of their strategic relationship. The contract will see Cirata’s data automation solutions deployed enterprise-wide, enabling petabyte-scale data migration and analytics capabilities. This partnership underscores Cirata’s alignment with innovative data modernization strategies and strengthens its market position by providing a platform for future collaboration on data orchestration functionalities.
Cirata reported its preliminary results for FY24, highlighting a revenue increase to $7.7 million and a significant reduction in EBITDA losses to $13.5 million. The company saw a notable shift towards Data Integration (DI), which accounted for 67% of bookings, reflecting its strategic focus on high-growth opportunities. Major achievements included a $2 million contract with a top US bank and strengthened partnerships with IBM, Databricks, and Oracle. Cirata’s strategic restructuring and cost reduction efforts have positioned it for future growth, with management expecting continued momentum in DI and improved sales activity in FY25.
Cirata has announced the completion of its first Live Data Migrator implementation under its ‘data migration as a service’ (DMaaS) solution with a telecommunications customer in the UAE. This project, in partnership with Databricks, marks a significant step in Cirata’s strategy to expand its market presence by showcasing its capabilities in small-scale projects, with contract values ranging from $50,000 to $100,000, thus strengthening its ‘land and expand’ approach.
Cirata plc announced the details of its total voting rights, reporting an issued share capital consisting of 126,340,251 ordinary shares with voting rights. This information is crucial for shareholders to calculate their interests in the company as per Financial Conduct Authority Disclosure and Transparency Rules, impacting stakeholder engagement and compliance.