Huddersfield-based Fintel plc, a provider of technology, compliance and regulatory services to financial advisers and institutions, said its 2024 core revenue increased 22% to £68.9 million.
Fintel said four acquisitions were completed in 2024 with initial net cash investment of £16.6 million, delivering combined core revenues of £7.5 million in the period.
Full year dividend of of 3.65p per share is an increase of 5.8%.
Fintel reported adjusted EBITDA growth of 8.5% to £22.2 million.
On current trading and outlook, Fintel reported a “good start to the new financial year, confident of further strategic progress …”
The firm said: “Strong momentum going into the new financial year, with current trading in line with the board’s expectations …
“The commercial opportunity within the UK market remains strong, underpinned by the dynamic and fragmented UK financial services sector, including increasing regulatory requirements and demand for data and insights as intermediaries and product providers navigate an evolving market …”
Fintel joint CEO Matt Timmins said: “2024 has been a seminal year for Fintel, marked by continued strategic advancements and strong financial performance. The company has delivered robust results, with complementary acquisitions contributing to substantial growth in SaaS and subscription-based revenues.
“We have expanded the Fintel group by welcoming four new businesses in 2024, with the previously announced acquisition of RSMR successfully completing in January 2025. These strategic acquisitions, combined with ongoing investments in our proprietary technology and data solutions, have enhanced our intellectual property, scale, and market presence, laying the foundation for sustained organic growth.
“Looking ahead, we remain confident in our ability to achieve further progress. We have started the year positively, trading in line with board expectations, and onboarding six new customers to our Matrix 360 market intelligence software.
“With our comprehensive technology platform strongly positioned to capitalise on further growth opportunities within the fragmented retail financial services sector, we see material opportunities for value creation across our family of brands.”