Cellebrite Sees Continued Growth With Strong Results For 2018

A significant increase in bookings and revenue in 2018 confirm the company’s position as the leading provider of Digital Intelligence solutions across the globe.

Cellebrite , the leading provider of digital intelligence solutions, today announced another record year for bookings and revenue. In the fourth quarter, bookings grew 13.5% and revenue increased 11% year on year. Bookings for 2018 grew 33% percent, while annual revenue grew by 35%, with a year on year improvement in EBIT of 25%, compared to the company’s performance in 2017.

These results reflect key business transactions in the law enforcement, military and intelligence sectors in all major global markets.

Highlights for 2018 include:

– Significant sales growth in international business particularly in LATAM and EMEA

– Enrichment of our portfolio of products with an emphasis on innovation, delivering increased capabilities in digital forensics, and accelerating time to evidence across a wider range of leading IOS and Android devices and Cloud applications

– Greater adoption of our analytics product line, more than doubling the number of customers using these solutions

– Offloading non-core business with the sale of Mobilogy

– The opening of a new CAS lab in Australia, with more planned in other territories in 2019.

“2018 was yet another record year, delivering major progress in the execution of our long-term strategy, becoming a one stop shop offering within the Digital Intelligence space,” said Yossi Carmil, Global Co-CEO. “We enter 2019 with great optimism and continued enthusiasm around our portfolio of solutions and offerings.”

/Public Release.