**Summary**
IntegraFin Holdings plc (IHP), operator of the UK investment platform Transact, reported strong first-quarter (Q1) results for FY26, ending December 31, 2025. Despite uncertainty surrounding the UK Autumn Budget, the company achieved
* **Strong net inflows** ยฃ1.0 billion, up 11% year-on-year, representing 5.6% of opening funds under direction (FUD) annualized.
* **Record FUD** ยฃ77.2 billion at quarter-end, a 17% increase from Q1 FY25.
* **Record average daily FUD** ยฃ76.1 billion, up 16% year-on-year.
* **Record gross inflows** ยฃ2.9 billion, a 21% increase from Q1 FY25, marking the eighth consecutive quarter exceeding ยฃ2 billion.
The company attributed its success to digital platform enhancements and a focus on three core growth levers: enhancing its market-leading proposition, growing FUD and revenue while managing margins, and implementing cost efficiency programs. IHP reiterated its cost guidance, expecting total underlying administrative expense growth to slow to 3% in FY26 and FY27. The company expressed confidence in accelerating profit growth due to its strong revenue fundamentals and cost management initiatives.
Below is the HTML table code comparing the financials and debt (though debt is not explicitly mentioned in the text, Iโll focus on key financial metrics) year-on-year for IntegraFin Holdings plc based on the provided text: < lang="en">
IntegraFin Holdings plc Financial ComparisonIntegraFin Holdings plc Financial Comparison (Q1 FY25 vs Q1 FY26)
| Metric | Q1 FY25 | Q1 FY26 | Year-on-Year Change |
|---|
| Opening FUD (ยฃm) | 64,065 | 74,173 | +15.8% |
| Gross Inflows (ยฃm) | 2,418 | 2,874 | +18.9% |
| Outflows (ยฃm) | -1,498 | -1,839 | +22.8% |
| Net Inflows (ยฃm) | 920 | 1,035 | +12.5% |
| Closing FUD (ยฃm) | 65,880 | 77,221 | +17.2% |
| Average Daily FUD (ยฃm) | 65,462 | 76,051 | +16.2% |
| Number of Platform Clients | 237,978 | 249,907 | +5.0% |
> ### Explanation:
1. **Metrics Compared**: The table compares key financial metrics such as Funds Under Direction (FUD), inflows, outflows, net inflows, average daily FUD, and the number of platform clients between Q1 FY25 and Q1 FY26.
2. **Year-on-Year Change**: The percentage change is calculated for each metric to highlight growth or decline.
3. **Styling**: Basic CSS is included for table formatting, making it visually appealing and easy to read. Since debt information is not provided in the text, it is not included in the table. If debt data were available, it could be added as an additional row.