Cirata (CRTA) investor relations material

Executive summary

• Achieved first-ever positive cash flow in Q1 FY 2026, marking a significant milestone after a record FY 2025.

• Transformation efforts over the past three years have simplified operations, reduced costs, and focused on enterprise-scale data integration and orchestration.

• Pipeline value grew 40% since January 2026, driven by both new and existing customers.

• Launched Cirata Symphony, a data orchestration platform targeting high-value enterprise use cases such as data migration, disaster recovery, and modernization.

• Continued strong commercial momentum, especially in Data Integration and Cirata Symphony product lines.

Financial highlights

• Q1 FY 2026 delivered $2.3 million in billings, $4.9 million in ACV, and $5.8 million in RCB, with $3.4 million expected to be billed in the next 12 months.

• Ended Q1 with $4.7 million in cash and $0.7 million in short-term receivables, totaling $5.4 million.

• Cash overheads for Q1 FY 2026 were $3.1 million, aligning with the annualized target of $12–$13 million.

• FY 2025 saw 77% annual revenue growth and the strongest data integration bookings since 2017.

• Achieved positive EBITDA in the second half of FY 2025.

Outlook and guidance

• Outlook for FY 2026 reaffirmed, targeting cash flow breakeven for the full year, with a cost base of $12–$13 million in total cash overheads.

• Management expects improved sales activity through FY 2026, with performance weighted toward the second half due to the nature of the enterprise pipeline.

• Visibility expected to improve by mid-year FY 2026, supported by expanded pipeline and KPI tracking.

• Management prioritizes new logo acquisition, customer expansion, and business model predictability.