What’s new: Fintel’s trading update confirmed its 2021 results will meet or exceed expectations, Fintel is making “significant strategic progress” and is financially strong:
5% core revenue growth to £52.2m (Zeus forecast: £51.0m; 2020: £49.8m) and total revenue (including disposals) is “marginally ahead of expectations” at £63.9m (Zeus forecast: £61.0m; consensus: £61.6m; 2020: £61.0m).
Adjusted EBITDA growth “in line with expectations” (consensus: £18.1m).
£2.5m net cash at year end ....
27 Jan 2022
Fintel (FNTL LN) - Digitisation raises earnings quality
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Fintel (FNTL LN) - Digitisation raises earnings quality
Fintel PLC (FNTL:LON) | 285 2.9 0.3% | Mkt Cap: 295.9m
- Published:
27 Jan 2022 -
Author:
Robin Savage -
Pages:
3
What’s new: Fintel’s trading update confirmed its 2021 results will meet or exceed expectations, Fintel is making “significant strategic progress” and is financially strong:
5% core revenue growth to £52.2m (Zeus forecast: £51.0m; 2020: £49.8m) and total revenue (including disposals) is “marginally ahead of expectations” at £63.9m (Zeus forecast: £61.0m; consensus: £61.6m; 2020: £61.0m).
Adjusted EBITDA growth “in line with expectations” (consensus: £18.1m).
£2.5m net cash at year end ....