Funding Circle Holdings Limited (GB:FCH) has released an update.
Stay Ahead of the Market:
- Discover outperforming stocks and invest smarter with Top Smart Score Stocks
- Filter, analyze, and streamline your search for investment opportunities using Tipranks' Stock Screener
Funding Circle Holdings Limited has reported a strong performance for the first half of 2024, achieving over 30% annual revenue growth and becoming profitable ahead of schedule. The company has successfully streamlined operations, resulting in significant cost savings and the profitable sale of its US business. A further share buyback of up to £25m is planned following the current £25m program, reflecting the company’s confidence in its growth and profitability prospects.
For further insights into GB:FCH stock, check out TipRanks’ Stock Analysis page.
