Interim results confirm that the integration of Defaqto has and continues to progress well and the enlarged Group significantly increasing the scale of the Group. The Group now serves >6,000 intermediaries and >350 financial institutions. The statement notes that, including the 3-month contribution from Defaqto, there has been material P&L growth: Group revenues rose 20% 1H on 1H to £29.1m (1H18 revenue: £24.2m); Adj EBITDA grew 30% to £6.8m (1H18 adj EBITDA: &
10 Sep 2019
1H reveals quality growth
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1H reveals quality growth
Fintel PLC (FNTL:LON) | 288 0 0.0% | Mkt Cap: 298.5m
- Published:
10 Sep 2019 -
Author:
Robin Savage -
Pages:
9
Interim results confirm that the integration of Defaqto has and continues to progress well and the enlarged Group significantly increasing the scale of the Group. The Group now serves >6,000 intermediaries and >350 financial institutions. The statement notes that, including the 3-month contribution from Defaqto, there has been material P&L growth: Group revenues rose 20% 1H on 1H to £29.1m (1H18 revenue: £24.2m); Adj EBITDA grew 30% to £6.8m (1H18 adj EBITDA: &