Huddersfield-based Fintel plc, a provider of software, data and support services to the UK retail financial services sector, said its first-half revenue from continuing operations for the six months ended June 30 rose 5.3% to £38.6 million and adjusted EBITDA from continuing operations was up 16.6% to £12.4 million.
First-half profit before tax rose to £5 million from £3.2 million. Interim dividend rose to 1.35p per share from 1.3p.
In its outlook Fintel said: “With a growing base of recurring revenues, enhanced proprietary data assets, expanding technology capabilities and increasing participation across adviser and provider value chains, Fintel is well positioned to deliver sustainable long-term growth.
“The Board remains focussed on its strategy of delivering organic growth whilst remaining open to value accretive M&A opportunities. Overall, the Group has had a solid first half and this has continued post period end with current trading remaining in line with the Board’s expectations.”
Fintel CEO Matt Timmins said: “Fintel delivered a strong first half performance, with organic growth across our core businesses, continued expansion of recurring revenues and a 16.6% increase in EBITDA from continuing operations.
“The resulting incremental margin of over 90% demonstrates the strength of our operating model, operational gearing and the benefits of recent acquisitions being integrated across the Group.
“Alongside this financial momentum, we continue to execute our strategy, strengthening our proprietary data and increasing our focus on scalable, higher-margin revenues.
“The acquisition and integration of Pearson Ham’s market pricing business enhanced our market intelligence capabilities and supported the continued rollout of our Market intelligence platform (Matrix 360).
“We further leveraged our data, technology and regulatory expertise through the launch of our AI-enabled compliance and oversight platform, strengthening our intermediary proposition and expanding technology adoption across adviser firms.
“In addition, the investment we have made into Plannr (CRM Operating System) has allowed the business to accelerate at a material pace. Plannr’s modern approach to design and engineering puts it at the forefront of the market in terms of capability, usability and flexibility.
“As a result, Plannr has a significant pipeline of licensees who have actively chosen the solution to power their businesses for the future.
“With a growing base of recurring revenues, enhanced proprietary data assets, expanding technology capabilities and increasing participation across adviser and provider value chains, Fintel is well positioned to deliver sustainable long-term growth.
“Current trading remains in line with Board expectations, and we therefore remain confident in delivering further strategic and financial progress in 2026.’’