TipRanks
Go Ultimate55% OFF

Cirata (CRTA) AI Stock Analysis

Top Page

GB:CRTA

Cirata

(LSE:CRTA)

Select Model
Rating:50Neutral
Price Target:GBX 6.00â–²(12.15% Upside)
Action:reiterated
Date:10/29/26

The score is held down primarily by weak financial quality (ongoing losses and continued cash burn) and bearish technicals (below major moving averages with negative MACD). Partially offsetting these are attractive valuation (low P/E) and a constructive earnings-call outlook focused on reaching FY2026 cash flow breakeven, supported by pipeline growth and IBM-related progress, though new-logo execution remains a key near-term risk.

Positive Factors
Strong growth and gross marginsRapid revenue expansion combined with exceptionally high gross margins indicates strong software economics and improving commercial traction. If Cirata sustains adoption, this margin profile can support reinvestment in sales and product development while providing meaningful operating leverage as revenue scales.
Negative Factors
Persistent operating lossesCirata has not yet demonstrated sustainable profitability despite strong top-line growth and premium gross margins. Continued operating losses indicate that the current cost structure still exceeds the revenue base, limiting internal funding capacity and leaving earnings improvement dependent on further scale and execution.

Cirata (CRTA) vs. iShares MSCI United Kingdom ETF (EWC)

-80%-60%-40%-20%0%20%40%GB:CRTA-71.28%EWC+21.27%Dec '25Jan '26Feb '26Mar '26Apr '26May '26Jun '26Jul '26Aug '26Sep '26Oct '26
Market Cap
GBP 6.76M
Dividend Yield
―
Average Volume (3M)
411.22K
Price to Earnings (P/E)
3.6
Beta (1Y)
0.20
Revenue Growth
24.57%
EPS Growth
―
Country
UK
Employees
69
Sector
Technology
Sector Strength
61
Industry
Software - Application

Cirata Business Overview & Revenue Model

Company Description

Operating internationally across North America, Europe, and China, Cirata plc – previously known as WANdisco plc until its rebranding in October 2023 – specializes in creating and supplying collaboration software. A central offering is its WANdisco D...

How the Company Makes Money

Cirata primarily makes money by selling enterprise software subscriptions and related commercial offerings around its data flow and data management products (notably its enterprise distribution of Apache NiFi and associated management/governance capa...

Cirata Earnings Call Summary

Earnings Call Date:Sep 15, 2026(Q2-2026)|% Change Since:-54.08%|Next Earnings Date:Apr 06, 2027
Earnings Call SentimentPositive

The call was predominantly positive, supported by an oversubscribed $7.2 million fundraise, a 40% pipeline increase to GBP 21 million ACV, full go-to-market staffing, the first live Symphony deployment, IBM OEM validation, disciplined overheads, and reaffirmed FY 2026 cash flow breakeven guidance. The main setbacks were the lack of new-logo wins in Q2, GBP 2.1 million of net cash consumption, and the acknowledged need to improve product messaging.

Positive Updates

Oversubscribed $7.2 Million Fundraise
Following shareholder approval, the placing, subscription, and retail offer became unconditional and raised gross proceeds of $7.2 million. The round was oversubscribed, with admission of the new shares expected on 28 July 2026. Management said the proceeds strengthen the balance sheet and provide runway to invest with discipline in go-to-market capability, new-logo acquisition, pipeline conversion, and product scale.

Negative Updates

No New Logos Closed in Q2
The company did not close any new logos during the quarter. Management described this as disappointing and below expectations, while noting that the GBP 0.4 million or GBP 410,000 of net new ACV came entirely from existing customers.

Company Guidance

Management reaffirmed its outlook to target cash flow breakeven for FY 2026, with total overheads at GBP 3.2 million in Q2 consistent with the FY 2026 annualized range between GBP 12 million and GBP 13 million, representing a reduction of over 70% from the peak; the second-half goal is to execute with focus, convert the pipeline into new customer wins, and demonstrate that a fully resourced go-to-market organization can deliver new customer acquisition and scale building on the FY 2025 growth trajectory, with new logo conversion expected to show up as the year progresses.

Cirata Financial Statement Overview

Summary

Revenue growth accelerated sharply in 2025 (~63% YoY) and gross margins remain exceptionally strong (~90%+), but profitability is still materially negative and operating losses persist. Cash flow remains a key weakness with negative operating and free cash flow (about -8.3M FCF in 2025), despite improvement vs 2024. Balance sheet leverage is low, but sustained losses have eroded equity over time.

Income Statement

46Neutral

Balance Sheet

62Positive

Cash Flow

34Negative
Financial statement breakdown
BreakdownTTMDec 2025Dec 2024Dec 2023Dec 2022Dec 2021
Income Statement
Total Revenue9.85M12.12M7.68M6.70M9.69M7.31M
Gross Profit9.00M11.18M7.14M6.06M8.99M6.65M
EBITDA-5.26M-4.75M-14.39M-36.69M-34.73M-32.47M
Net Income2.51M-7.26M-13.51M-36.48M-29.61M-37.59M
Balance Sheet
Total Assets7.77M13.34M14.92M23.11M26.54M42.19M
Cash, Cash Equivalents and Short-Term Investments2.56M3.98M9.73M18.25M19.11M27.76M
Total Debt309.00K467.17K889.00K795.00K539.00K1.82M
Total Liabilities2.04M3.10M5.35M6.50M8.64M7.76M
Stockholders Equity5.73M10.24M9.57M16.61M16.56M34.42M
Cash Flow
Free Cash Flow-5.85M-8.35M-14.88M-30.67M-27.70M-34.00M
Operating Cash Flow-5.79M-8.26M-14.77M-30.60M-27.50M-28.23M
Investing Cash Flow2.91M2.93M-107.00K-43.00K-158.00K-5.76M
Financing Cash Flow-494.91K-575.83K6.44M29.10M19.48M40.79M

Cirata Technical Analysis

Technical Analysis SentimentNegative
Last Price5.35

Price Trends

50DMA8.78Negative
100DMA12.29Negative
200DMA14.90Negative

Market Momentum

MACD-0.98Negative
RSI33.64Neutral
STOCH45.84Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For GB:CRTA, the sentiment is Negative. The current price of 5.35 is below the 20-day moving average (MA) of 6.54, below the 50-day MA of 8.78, and below the 200-day MA of 14.90, indicating a bearish trend. The MACD of -0.98 indicates Negative momentum. The RSI at 33.64 is Neutral, neither overbought nor oversold. The STOCH value of 45.84 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for GB:CRTA.

Cirata Peers Comparison

Overall Rating

UnderperformOutperform
Sector (61)

Financial Indicators

GB:CRTA against its peers
NameOverall RatingMarket CapP/E RatioROEDividend YieldRevenue GrowthEPS Growth
GB:ELCOGB:ELCO74OutperformGBP 194.94M50.3311.31%0.52%16.89%2.68%
GB:NETGB:NET70OutperformGBP 219.22M138.173.23%0.73%20.24%-62.04%
GB:ACSOGB:ACSO65NeutralGBP 102.04M15.595.35%―-1.05%-2.05%
GB:DOTDGB:DOTD64NeutralGBP 156.31M17.118.80%2.35%3.82%-18.43%
Sector *61Neutral$37.18B12.37-10.20%1.83%8.50%-7.62%
GB:AOMGB:AOM56NeutralGBP 66.39M-19.13-26.19%―47.75%-308.39%
GB:CRTAGB:CRTA50NeutralGBP 8.71M3.6031.47%―24.57%―

* Technology Sector Average

Performance Comparison

-50%0%GB:CRTAGB:ACSOGB:DOTDGB:ELCOGB:NETGB:AOMDec '25Jan '26Feb '26Mar '26Apr '26May '26Jun '26Jul '26Aug '26Sep '26Oct '26
GB:CRTA and its peers over the selected period
Show on chartTickerCompany NamePriceChange% Change
GB:CRTACirata Plc5.35-13.30-71.31%
GB:ACSOaccesso Technology315.00-41.00-11.52%
GB:DOTDDotdigital Group plc51.50-15.26-22.86%
GB:ELCOEleco Plc231.0076.5949.60%
GB:NETNetcall plc128.503.572.86%
GB:AOMActiveOps plc92.50-122.50-56.98%

Cirata Corporate Events

Business Operations and StrategyFinancial DisclosuresPrivate Placements and Financing

Cirata banks on Q4 enterprise wins after modest Q3 and strengthened cash position

Neutral
Oct 14, 2026

Cirata plc reported a broadly stable third quarter, with annual contract value slipping marginally to $5.2 million and billings of $1.3 million, while remaining contract billings declined to $4.4 million. There was no net new ACV, reflecting the expi...

Business Operations and StrategyRegulatory Filings and Compliance

Cirata Confirms Total Voting Rights at 162.8 Million Shares

Neutral
Sep 24, 2026

Cirata plc reported that its issued share capital as of 24 September 2026 consists of 162,761,226 ordinary shares of ten pence each, all carrying voting rights and admitted to trading under ISIN JE00B6Y3DV84 with ticker CRTA. The company holds no sha...

Business Operations and StrategyFinancial DisclosuresPrivate Placements and Financing

Cirata’s revenue slides as contract delays push back cash-flow breakeven goal

Negative
Sep 16, 2026

Cirata has reported a steep year-on-year drop in interim revenue to $1.0 million and a wider adjusted EBITDA loss, reflecting lumpy enterprise sales and delayed contract closures despite modest growth in annual contract value. The company nevertheles...

Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.

Date of analysis: Oct 29, 2026