Fintel, the leading provider of Fintech and support services to the UK retail financial services sector, has released a trading update for the six months to 30 June 2022, which reveals: Core revenue grew c.9% to £27.1m, (2H21: £24.9m)
• Total revenue (i.e. including surveying) grew 2% to £32.2m, (2H21: £31.7m)
• Adjusted EBITDA rose 5% to £8.7m (2H21: £8.3m)
• Adjusted EBITDA margin improved to 27.0% (1H20: 26.1%)
• Significant financial resources with £7.6m cash and undrawn £45m RCF
• Und ....
28 Jul 2022
Fintel (FNTL LN) - Core growth driven by DaaS
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Fintel (FNTL LN) - Core growth driven by DaaS
Fintel PLC (FNTL:LON) | 283 0 0.0% | Mkt Cap: 293.9m
- Published:
28 Jul 2022 -
Author:
Robin Savage -
Pages:
4
Fintel, the leading provider of Fintech and support services to the UK retail financial services sector, has released a trading update for the six months to 30 June 2022, which reveals: Core revenue grew c.9% to £27.1m, (2H21: £24.9m)
• Total revenue (i.e. including surveying) grew 2% to £32.2m, (2H21: £31.7m)
• Adjusted EBITDA rose 5% to £8.7m (2H21: £8.3m)
• Adjusted EBITDA margin improved to 27.0% (1H20: 26.1%)
• Significant financial resources with £7.6m cash and undrawn £45m RCF
• Und ....