**Summary of Fintel PLCs Half-Year Results for the Six Months Ended 30 June 2025**
Fintel PLC, a leading provider of software and support services to the UK Retail Financial Services sector, reported strong half-year results for the six months ended 30 June 2025. Key highlights include
### **Financial Performance**
**Revenue Growth**Group revenue increased by **18.6%** to **£42.4 million** (HY24: £35.7 million), driven by successful acquisitions and new proposition launches. Organic revenue grew by **4.0%** to **£37.2 million**.
**EBITDA Growth**Adjusted EBITDA rose by **17.0%** to **£11.2 million** (HY24: £9.6 million), with a margin of **26.4%** (HY24: 26.8%).
**Profitability**Adjusted EPS increased by **14.0%** to **5.7p** (HY24: 5.0p), while statutory EPS grew by **14.1%** to **2.3p** (HY24: 2.0p).
**Cash Position**Cash balance increased to **£8.4 million** (HY24: £7.4 million), with net debt at **£30.1 million** (HY24: £8.6 million). Cash conversion improved to **124%** (HY24: 101%).
### **Strategic Progress**
**Acquisitions and Integration**Successfully integrated nine acquisitions into two complementary divisions: **Software & Data** and **Services**. The acquisition of **Rayner Spencer Mills Research (RSMR)** was completed during HY25, contributing **£1.7 million** in revenue and **£0.6 million** in EBITDA.
**Operational Restructuring**Simplified operating structure from three divisions to two, with new divisional leadership appointments. This positions Fintel for scalable growth and innovation.
**Funding Facility**Enhanced financial flexibility with a new **£120 million** Revolving Credit Facility (RCF), replacing the previous £80 million RCF.
### **Divisional Performance**
**Software & Data Division**Revenue increased by **17%** to **£18.4 million** (HY24: £15.8 million), with **£12.3 million** in recurring revenue. EBITDA grew to **£6.9 million** (HY24: £6.0 million).
**Services Division**Revenue rose by **20%** to **£24.0 million** (HY24: £19.9 million), with **£11.9 million** in recurring revenue. EBITDA increased to **£6.5 million** (HY24: £6.0 million).
### **Dividend**
Interim dividend per share increased by **8.3%** to **1.3p** (HY24: 1.2p), reflecting confidence in the businesss growth.
### **Outlook**
Performance since the period end has been consistent with expectations, and Fintel remains confident in delivering full-year targets.
The company is well-positioned to capitalize on substantial opportunities in the UK financial services sector, driven by its streamlined structure, market-leading propositions, and disciplined investment strategy.
### **Leadership and Governance**
Matt Timmins, CEO, emphasized the companys focus on driving better outcomes for customers, partners, and shareholders through innovation and strategic growth.
Overall, Fintels strong financial performance, strategic restructuring, and focus on recurring revenue models position it for sustained growth and value creation in the evolving financial services landscape.