**Cirata PLC Q4 FY25 Trading Update Summary**
**Key Highlights**
**Record Bookings** FY25 Data Integration (DI) bookings reached **$13.2m**, up **181% YoY**, the strongest since 2017. Q4 FY25 DI bookings hit **$9.8m**, the highest quarterly bookings in company history.
**Largest Contracts** Secured a **$6.7m OEM contract** (largest ever) and a **$3.1m direct contract** (largest ever) for Live Data Migrator (LDM) with blue-chip customers.
**Cost Efficiency** Annualized cash overheads reduced to **31% of peak levels**, with management forecasting **cash flow positivity in Q1 FY26**.
**Strategic Focus** Divestment of DevOps assets completed, with total consideration of **$3.4m**. Focus now solely on Data Integration and Orchestration, targeting larger, sustainable growth opportunities.
**Product Launch** Cirata Symphony, a Data Orchestration platform, launched in September 2025, addressing enterprise data modernization challenges.
**Financial Performance**
**DI Bookings Growth** Q4 FY25 DI bookings increased **326% YoY** to $9.8m. FY25 DI bookings rose **181% YoY** to $13.2m.
**Cash Position** As of 31 December 2025, unaudited cash was **$4.0m**, with short-term receivables at **$3.4m**, totaling **$7.4m**.
**Cash Burn Reduction** Q4 FY25 cash burn was **$1.3m**, down **59% YoY**.
**Strategic Initiatives**
**Expansion Wins** Focus on growing existing customer relationships, with multi-year contracts reflecting confidence in Cirata’s product roadmap.
**GTM Strategy** Rebuilt go-to-market approach, with improved sales activity expected by mid-FY26 under Dominic Arcari’s leadership.
**Product Development** Continued investment in Cirata Symphony and new product development to broaden growth opportunities.
**Outlook for FY26**
**Cost Management** Targeting an annualized operating expense run-rate of **$12-13m**.
**Cash Flow** Aiming for **cash flow positivity in Q1 FY26** and **cash break-even for FY26**, subject to bookings timing.
**KPI Focus** Introducing **Annual Contract Value (ACV)** as a key growth metric, aligned with cash collection.
**Management Commentary**
CEO Stephen Kelly emphasized FY25 as a **foundational year**, with record bookings, strategic divestments, and product focus positioning Cirata for sustainable growth. Management’s FY26 focus includes expanding customer wins, product development, and sales team maturity.
**About Cirata**
Cirata accelerates data-driven revenue growth by automating data transfer and integration to cloud analytics and AI platforms, enabling enterprises to avoid vendor lock-in and enhance AI/analytics efficiency.
**Contacts**
Cirata’s leadership and advisors are available for further inquiries, with details provided for Investor Relations, FTI Consulting, and brokers Stifel and Panmure Liberum.