Fintel reports strong first-half performance

30th Jul 2026 17:00

(Sharecast News) - Fintel reported a strong first-half performance on Thursday, with organic adjusted EBITDA rising 11.2% to £11.8m as improved efficiency and growth across its core software, data and distribution activities supported margins.

Organic revenue increased 2% to £37.4m, while total continuing revenue rose 5.3% to £38.6m following the acquisition of Pearson Ham's market pricing business.

SaaS and subscription revenue grew 7.9% to £26.1m, while total adjusted EBITDA increased 13.3% to £12.7m.

The AIM-traded financial technology and support services provider said trading for 2026 remained in line with board expectations, supported by growing demand for technology, data and regulatory services.

Net debt stood at £38.2m, representing leverage of 1.4 times, while the group had £7.3m of cash and £76.5m of headroom under its revolving credit facility.

"We have delivered a strong first half performance, with organic growth across our core Software, Data and Distribution activities, continued expansion in recurring revenues and double-digit EBITDA growth," said chief executive Matt Timmins.

At the close on Thursday, shares in Fintel were up 1.56% at 195.5p.

Reporting by Josh White for Sharecast.com.

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