Pelatro's growth plan 'builds on recurring revenue base, now up to almost 80% of revenue this year'

Name: Pelatro's growth plan 'builds on recurring revenue base, now up to almost 80% of revenue this year'
Uploaded: 2021-03-17T12:43:00Z
Description: Pelatro's growth plan 'builds on recurring revenue base, now up to almost 80% of revenue this year'

Proactive Published 17/03/2021

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Pelatro PLC's (LON:PTRO) Subash Menon talks to Proactive London's Katie Pilbeam about their order book for 2021 which currently stands at US$6mln after receiving new business worth US$400,000.

Menom is confident that everything is going to plan and believes the company is shaping up as a 'recurring revenue player'.

The company’s software processes information is designed to turn phone users into repeat customers of telecoms firms and mobile networks.