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Fintel PLC Reports Strong Financial Growth and Strategic Expansion in 2024
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Fintel PLC Reports Strong Financial Growth and Strategic Expansion in 2024

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An update from Fintel PLC ( (GB:FNTL) ) is now available.

Fintel PLC reported a positive financial performance for the year ended December 2024, with a 21% increase in revenue to £78.3 million and significant strategic progress, including the completion of the acquisition of RSMR. The company completed four strategic acquisitions and enhanced its intermediary proposition, contributing to a 17% rise in core SaaS and subscription revenue. With a solid balance sheet and a focus on integrating acquisitions, Fintel aims for sustained organic growth in the evolving UK financial services market. The company remains optimistic about future growth prospects despite macroeconomic uncertainties, planning to absorb additional costs from increased national insurance contributions without impacting earnings.

More about Fintel PLC

Fintel PLC is a UK-based fintech and support services firm that offers technology, compliance, and regulatory support to intermediary firms. It also provides data and distribution services to product providers and aids consumers in making informed financial decisions. The company operates through three core divisions: Intermediary Services, Distribution Channels, and Fintech and Research, serving a wide range of financial institutions, intermediaries, and consumers.

YTD Price Performance: -2.22%

Average Trading Volume: 103,808

Technical Sentiment Consensus Rating: Hold

Current Market Cap: £270.9M

See more data about FNTL stock on TipRanks’ Stock Analysis page.

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