FD Technologies (FDP) AI Stock Analysis

• Market Cap: £356.74M
• Dividend Yield: N/A
• Average Volume (3M): 110.30K
• Price to Earnings (P/E): ―
• Beta (1Y): 1.08
• Revenue Growth: -22.83%
• EPS Growth: -350.82%
• Country: UK
• Employees: 2,462
• Sector: Technology
• Sector Strength: 49
• Industry: Information Technology Services
• EPS (TTM): -1.78
• Shares Outstanding: 22,102,740
• 10 Day Avg. Volume: 90,121
• 30 Day Avg. Volume: 110,303
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): 1.88
• Price to Cash Flow (P/CF): N/A
• P/FCF Ratio: 0.00
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 1

FD Technologies' overall score reflects its significant financial challenges, including declining revenue and profitability, which are major concerns. However, recent positive corporate events and technical indicators suggest some potential for recovery. The valuation is weak due to current non-profitability, but strategic initiatives, particularly around the KX platform, provide a foundation for future growth.

FD Technologies Business Overview & Revenue Model

Company Description

FD Technologies (FDP) is a technology-focused company specializing in data-driven solutions across various sectors. The company operates primarily through three divisions: KX, First Derivative, and MRP. KX provides a high-performance, in-memory computing, streaming analytics platform used for real-time decision-making across industries. First Derivative offers consulting services and technology solutions, primarily catering to the financial services sector, while MRP delivers predictive analytics and marketing services aimed at business growth.

How the Company Makes Money

FD Technologies makes money through a diversified revenue model across its three main divisions. KX generates revenue by licensing its streaming analytics platform to clients in sectors such as finance, manufacturing, and automotive, earning through subscription and maintenance fees. First Derivative derives income from consultancy services, software sales, and support services, primarily targeting the financial services industry, where it provides expertise in trading, risk management, and regulatory compliance. MRP contributes by offering predictive analytics and demand generation solutions, earning from subscription-based models and performance-based marketing services. The company's earnings are further supported by strategic partnerships with technology firms and enterprises seeking advanced data analytics capabilities.

FD Technologies Financial Statement Overview

Summary

FD Technologies faces significant financial challenges with declining revenue and profitability, coupled with fluctuating cash flow performance. While the balance sheet reflects moderate leverage, the negative trends in equity and returns may impact the company's long-term stability. Strategic improvements in operational efficiency and cash management are critical for future growth.

Income Statement

FD Technologies has experienced fluctuating revenue growth, with a significant decline in the recent year. The gross profit margin remains strong but has not offset the negative net profit margin, indicating operational challenges. The EBIT and EBITDA margins have also been inconsistent, reflecting difficulties in maintaining profitability.

Balance Sheet

The company maintains a moderate debt-to-equity ratio, suggesting reasonable leverage. However, the decrease in stockholders' equity and total assets raises concerns about financial stability. The return on equity has turned negative, pointing to potential inefficiencies in generating returns for shareholders.

Cash Flow

FD Technologies has experienced a negative growth in free cash flow, indicative of potential liquidity issues. The operating cash flow to net income ratio highlights a reliance on operating activities to manage cash, but the negative free cash flow to net income ratio suggests challenges in sustaining cash generation.

Breakdown
Mar 2024	Mar 2023	Mar 2022	Mar 2021	Mar 2020
Income Statement		Total Revenue
248.86M	296.04M	263.46M	237.87M	237.79M
	Gross Profit
105.71M	100.75M	86.01M	81.21M	82.48M
	EBIT
-2.43M	4.10M	6.81M	17.09M	22.24M
	EBITDA
14.98M	23.44M	29.76M	33.98M	40.15M
	Net Income Common Stockholders
-40.78M	-4.01M	6.43M	9.00M	14.89M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
20.79M	36.91M	48.56M	55.20M	26.07M
	Total Assets
306.52M	374.24M	352.13M	350.00M	335.77M
	Total Debt
46.55M	56.94M	71.56M	92.84M	105.18M
	Net Debt
25.77M	20.03M	22.99M	37.64M	79.11M
	Total Liabilities
159.54M	169.69M	156.41M	164.90M	170.00M
	Stockholders Equity
146.98M	200.87M	192.54M	182.67M	163.16M
Cash Flow		Free Cash Flow
-10.22M	-3.02M	3.86M	25.61M	14.67M
	Operating Cash Flow
17.65M	23.39M	25.57M	40.89M	27.94M
	Investing Cash Flow
-24.99M	-18.10M	-9.82M	-3.93M	-57.79M
	Financing Cash Flow
-7.70M	-18.74M	-21.97M	-412.00K	38.38M

FD Technologies Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 1614.00
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For GB:FDP, the sentiment is Positive. The current price of 1614 is below the 20-day moving average (MA) of 1688.40, below the 50-day MA of 1717.08, and below the 200-day MA of 1703.35, indicating a neutral trend. The MACD of 7.13 indicates Negative momentum. The RSI at 50.17 is Neutral, neither overbought nor oversold. The STOCH value of 43.04 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for GB:FDP.

FD Technologies Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
FDM	66 Neutral	£245.10M	11.95	28.48%	12.92%	-22.84%	-49.60%
Sector *	57 Neutral	$19.52B	9.58	-12.47%	2.79%	5.43%	-24.71%
FDP	56 Neutral	£356.74M	―	-11.89%	―	-22.83%	-350.82%
RDT	41 Neutral	£2.44M	―	-117.29%	―	-3.60%	-729.74%

FD Technologies Corporate Events

FD Technologies Expands Share Capital with New Equity Issue

FD Technologies announced the issuance of 8,666 new ordinary shares following the exercise of employee share options, increasing the total share capital to 22,102,739 shares. This move is expected to enhance the company’s market presence as the new shares will be traded on AIM and Euronext Growth, potentially impacting its financial standing and stakeholder interests.

FD Technologies Reports Strong FY25 Performance with KX Platform Leading Growth

FD Technologies reported strong financial performance for FY25, with its KX platform achieving significant milestones in annual recurring revenue and contract value growth. The company exceeded expectations with a 33% increase in annual contract value and a 13% rise in annual recurring revenue, reaching over $100 million. The strategic focus on KX, following divestments, has positioned the company well for future growth, with a strong pipeline in capital markets, aerospace, and industrial IoT. The company also returned £120 million to shareholders and ended the year with £56 million in net cash, indicating a robust financial position.

FD Technologies Increases Share Capital Through Employee Incentives

FD Technologies plc announced the issuance of 9,218 new ordinary shares following the exercise of share options and the vesting of Restricted Stock Units (RSUs) for certain employees as part of the company’s Long Term Incentive Plan. The new shares will be traded on AIM and Euronext Growth, increasing the total issued share capital to 22,094,073 ordinary shares. This move signifies the company’s efforts to reward employees and align their interests with company growth, potentially enhancing its operational capabilities and market positioning.

FD Technologies Sees Shift in Voting Power as Irenic Capital Increases Stake

FD Technologies PLC has announced a significant change in its voting rights structure due to Irenic Capital Management crossing a major threshold. Irenic Capital now holds 29.21% of the voting rights in FD Technologies, up from 27.12%. This change, notified on February 4, 2025, reflects an increase in influence by Irenic Capital, potentially impacting the company’s strategic decisions and stakeholder dynamics.

FD Technologies Reports Change in Voting Rights Ownership

FD Technologies PLC, a UK-based company, has announced a change in the ownership of its voting rights as Octopus Investments Limited has disposed of its shares, bringing its voting rights to zero. The transaction was completed on January 31, 2025, and was officially notified on February 3, 2025. This shift may impact the company’s governance and could signal potential changes in its shareholder dynamics.

FD Technologies PLC Announces Change in Major Shareholding by Gumshoe Capital

FD Technologies PLC has announced a change in its major holdings, with Gumshoe Capital Management LLC acquiring or disposing of voting rights, resulting in a 6.54% stake. This alteration in holdings may impact the company’s governance and influence its strategic decisions, reflecting a significant move by a prominent investment management firm.

Irenic Capital Increases Stake in FD Technologies

FD Technologies PLC, a UK-based company, has witnessed a significant change in its voting rights breakdown as Irenic Capital Management, a US-based investment firm, has increased its stake in the company. As of January 29, 2025, Irenic Capital Management now holds 27.12% of FD Technologies’ voting rights, up from a previous position of 21.03%. This shift indicates a stronger influence by Irenic Capital in the decision-making processes of FD Technologies, potentially impacting the company’s future strategic directions.

FD Technologies Announces Significant Change in Voting Rights

FD Technologies PLC, a UK-based company, has announced a change in the breakdown of voting rights as notified by Octopus Investments Limited, which is based in London, England. The announcement indicates that the voting rights held by Octopus have decreased from 8.99% to 4.59%, representing a significant change in their stake within the company. This shift may have implications for the company’s governance and influence dynamics, impacting stakeholders and potentially affecting strategic decisions.

FD Technologies Completes Successful £120 Million Tender Offer

FD Technologies announced the results of its Tender Offer, which was completed successfully, allowing the company to buy back 6,153,846 Ordinary Shares valued at approximately £120 million. This move is anticipated to streamline the company’s capital structure and enhance shareholder value, although it will not lead to a Special Dividend. The participation of major shareholder Mrs. Juliana Conlon in this offer constitutes a related party transaction, deemed fair and reasonable by the board. Post-tender, the total number of voting shares will be 22,084,855, impacting shareholder voting calculations under regulatory guidelines.

FD Technologies Experiences Change in Shareholding as Irenic Capital Increases Stake

FD Technologies PLC, a UK-based company, has experienced a change in its shareholding structure as Irenic Capital Management has acquired a larger stake. The notification indicates that Irenic Capital Management has increased its voting rights in FD Technologies to over 21%, up from the previous 20%, signifying a strengthened influence in company decisions. This change in shareholding could affect the company’s strategic direction and has implications for stakeholders regarding future governance and decision-making processes.

FD Technologies Secures Shareholder Approval for £120 Million Share Buyback

FD Technologies has announced that its shareholders have approved a resolution to authorize the company to buy back up to 6,153,846 ordinary shares at £19.50 per share, as part of a tender offer totaling up to £120 million. The approval highlights shareholder confidence and positions the company for strategic financial maneuvers, potentially impacting its market standing and offering value to stakeholders.

FD Technologies Announces Change in Major Shareholding

FD Technologies PLC, a UK-based company, has announced a change in the voting rights held by Octopus Investments Limited. On January 7, 2025, Octopus Investments’ voting rights in FD Technologies decreased from 9.96% to 8.99%, indicating a disposal of shares. This adjustment in voting rights could impact the company’s shareholder dynamics and influence decision-making processes at FD Technologies.

FD Technologies Increases Share Capital Through Employee Incentive Plan

FD Technologies has issued 7,060 new ordinary shares as part of its Long Term Incentive Plan for employees, increasing its total issued share capital to 28,238,701 ordinary shares. This strategic move highlights the company’s ongoing commitment to rewarding its employees and potentially strengthening its market position by aligning employee interests with shareholder value.