Pelatro wins $0.6m in contract changes

Customer engagement software specialist Pelatro has been awarded multiple purchase orders for change requests by existing customers, it announced on Tuesday.

The AIM-traded firm said the requests added up to around $0.6m.

It said that with the purchase orders, revenue visibility for 2022 now stood at about $8.5m.

“We are continuing to experience significant momentum in our business and are confident of generating further growth in the foreseeable future,” said managing director and chief executive officer Subash Menon in a short statement.

At 1110 BST, shares in Pelatro were up 5.95% at 23.31p.

Reporting by Josh White at Sharecast.com.