Interim report
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16 September 2026 Cirata plc ( " Cirata " or the " Company " or the " Group " ) Interim unaudited results for the six months ended 30 June 2026 Updating FY26 Outlook Cirata ( LSE : CRTA ) , the data orchestration technology company , announces its unaudited interim results for the six months ended 30 June 2026 ( " H1 FY26 " or the " Period ” ) . Financial Highlights • • . . • • • Revenue for the Period of $ 1.0m ( H1 FY25 : $ 4.8m [ 1 ] ) Total Bookings [ 2 ] of $ 0.5m ( H1 FY25 : $ 3.8m ) Annual Contract Value ( " ACV " ) [ 3 ] : Closing ACV of $ 5.3m at 30 June 2026 ( 31 December 2025 : $ 4.8m ) , up $ 0.5m in H1FY26 , with no contract expirations Adjusted EBITDA [ 4 ] loss of $ 5.3m ( H1 FY25 : $ 4.6m , loss ) Total comprehensive loss for the period of $ 4.8m ( H1 FY25 : $ 4.6m , loss ) Billings of $ 2.8m ( Q1 : $ 2.3m , Q2 : $ 0.5m ) Remaining Contract_Billings [ 5 ] ( “ RCB ” ) of $ 5.7m at 30 June 2026 , of which $ 3.3m is expected to be billed within 12 months Cash of $ 2.6m [ 6 ] ( 30 June 2025 $ 6.1m ) and short - term trade receivables of $ 0.2m at 30 June 2026 ( cash plus short - term trade receivables of $ 2.8m ) Cash overheads of $ 6.3m in H1FY26 , consistent with the FY26 annualized expected range of $ 12-13m Trading Summary • • • • Cash positive start to FY26 : Q1FY26 delivered the Company's first - ever reported positive cash flow quarter Strengthening pipeline : pipeline grew materially in value during H1 FY26 with an improving mix to new logos . Cirata Symphony momentum : first paying customer secured ( a leading UK retailer , running Iceberg - to - Iceberg replication ) , a proof of concept commenced with a new US customer , and a strategic expansion of the OEM agreement with IBM ( Cirata Symphony for IBM Big Replicate ) Go - to - market : sales team reached its targeted complement following the final hires under CRO Dominic Arcari by June 2026 FY26 Outlook statement - Update Following the delivery of material improvements to Cirata's cost base and increased traction with existing customers , the goal of delivering cash flow breakeven for Q1FY26 was achieved . The Company also continues to expect to deliver on its previously guided annualised cost base of $ 12-13m , maintaining the cost discipline brought as part of the transformation programme . As we advance through FY26 , the Company's new sales team is continuing to mature and is growing the pipeline of opportunities , mainly from the USA , UK and ANZ geographies , which is materially larger in size and quality than at the start of the year . The full sales potential deliverable by this new team , however , will take a number of months to reach maturity , consistent with the ramp time for enterprise salespeople .