Fintel revenue grows 13% through multiple acquisitions

Revenue increase thanks to strategic expansion

Sahar Nazir
clock • 1 min read

Fintel’s core revenue has increased £31.2m, marking a 13.3% increase, according to its half-year results published today (30 July).

The Huddersfield-based business said it has achieved strategic expansion, with five acquisitions confirmed in the year-to-date, totalling nine in the past 12 months. It also recorded core adjusted EBITDA increasing to £9.3m, up about 5.2%, along with strong liquidity with gross cash of £7.4m. The board remains confident of meeting its expectations for the full year. Fintel joint chief executive (CEO) Matt Timmins said: "Fintel has made a strong start to 2024, with positive trading momentum and continued strategic expansion, bringing new capabilities to our customers while investing...

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