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Edge16 Oct 2026
Winner, Winner: The Chicken McNugget Story
How a 1940s breeding contest, a Cornell food scientist, and a hedge by Ray Dalio helped McDonald's turn the Chicken McNugget into a fast-food icon.
Cirata
Cirata (CRTA) investor relations material
Cirata Q3 2026 TU earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q3 2026 TU earnings summary14 Oct, 2026
Executive summary
Delays in a small number of key contracts shifted expected closings toward Q4; customer and partner engagement remained active, with late-stage enterprise opportunities still live.
No new customer logos were signed in Q3; converting late-stage opportunities became the priority for the rest of FY26.
Financial highlights
Q3 billings were $1.3m, versus $0.5m in Q2 and $2.3m in Q1; RCB was $4.4m, versus $5.7m and $5.8m, respectively.
Cash and short-term trade receivables totaled $7.3m at September 30, 2026: $6.2m cash and $1.1m receivables.
Q3 cash overheads were $3.2m, within the FY26 annual range of $12m–$13m and more than 70% below peak.
Outlook and guidance
FY26 outlook remained unchanged from the September interim results; the second half is weighted toward Q4 as larger enterprise opportunities progress.
Q4 priorities are converting opportunities into new-logo wins, expanding existing customers, and improving business-model visibility and predictability.
FY26 cash flow breakeven may be delayed if key contracts or related cash collections slip; a year-end update is planned, alongside continued cost discipline.
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- Revenue grew 15% to $7.7m, DI bookings surged 80%, and cost base was cut by a third.CRTAH2 2024
Cirata
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Frequently asked questions
Cirata plc is a United Kingdom-based software company that develops data integration and migration solutions for enterprise customers. The company specializes in enabling data mobility across on-premise and cloud environments, supporting analytics, AI, and digital transformation initiatives. Cirata plc is headquartered in Sheffield, United Kingdom, and its shares are listed on the LSE.